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The Graph creators launch mainnet; GRT listed on Binance, Coinbase and OKEx

The Graph creators launch mainnet; GRT listed on Binance, Coinbase and OKEx

The Graph team announced the launch of a decentralised data-indexing protocol on the Ethereum mainnet. Three major exchanges announced the listing of the project’s native token (GRT).

The solution will organise information on the blockchain and improve access to applications via public APIs (subgraphs). The indexing tools locate and retrieve information from the Ethereum network, in a manner akin to centralized databases. The project’s team likens its development to an internet without Google.

Community members can create subgraphs and earn from queries to them. Fees and rewards are paid in The Graph tokens.

The listing of the coin was announced by cryptocurrency exchange Coinbase. The asset is available to traders on the Coinbase Pro platform.

Support for the token was added by the trading platform OKEx. Binance also announced its listing.

Earlier, the DeFi project Compound unveiled a new protocol, Compound Chain, capable of moving value and liquidity between different blockchains.

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