The Graph Proposes to gradually Increase the Indexing Rewards on Layer 2 to 100%

The Graph Proposes to gradually Increase the Indexing Rewards on Layer 2 to 100%

The decentralized indexing protocol, The Graph, has proposed GIP-0052, suggesting that the current 5% indexing reward on Layer 2 be gradually increased to 100%.

A timetable and implementation process have been put forward: from 5% to 25% (expected to be reached during the week of May 8, 2023), then to 50% (expected to be reached during the week of May 22), 95% (expected to be reached during the week of July 24), and finally to 100% (expected to be reached during the week of August 28).

The Graph is expanding to Ethereum Layer 2 to enable faster transactions, significantly reduce gas costs, and participate more openly in the network. Moving the indexing rewards from Ethereum to Arbitrum will allow more indexers to operate on Layer 2, while also providing more rewards for curators and delegators.

 

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