Graph protocol adds support for Polygon, but what does it mean for MATIC

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Polygon announced another push towards complete decentralization with a partnership with The Graph MATIC’s reaction to the development has been somewhat neutral Polygon [MATIC], in its efforts to achieve full decentralization, notified the crypto community of its alliance with The Graph [GRT]. According to the Polygon team, the integration would mean that the web-3 project […]

“Joining The Graph Network will allow Polygon developers to find the data they need to improve efficiency of their dApps. Polygon node operators can play a role by becoming Indexers for Polygon to serve the dApps running on the network. Indexers earn rewards and query fees for the subgraphs they serve.”

So, this implied that there was a massive inequality in terms of addresses holding MATIC. As a matter of fact, few addresses hold a lot more MATIC than those with smaller numbers.positively to the update in other aspects. This was because Santiment revealed that there was a slight increase in MATIC’s social dominance.

 

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