SubQuery (SQT)

„SubQuery (SQT) represents a significant innovation in Web3 infrastructure, aiming to empower builders and promote the decentralization of the digital landscape. The SubQuery Network is a primary data API for various projects, facilitating fast, flexible, and scalable solutions tailored to Web3 applications. The initiative includes a substantial rewards program, where top-performing projects leveraging the network stand to gain from a reserve of 60 million SQT allocated over 12 months, further boosting the adoption of the technology.

The SubQuery Foundation plays a pivotal role in nurturing the growth of the SubQuery ecosystem. It is tasked with guiding development efforts, managing grants to stimulate network use, and driving educational initiatives. By fostering community engagement and overseeing governance, the Foundation aims to ensure that the network remains decentralized and community-driven. This structure supports developers and encourages a diverse array of projects to leverage the network’s capabilities effectively.

The Consumer Rewards Programme exemplifies the commitment to incentivizing projects that actively engage with the SubQuery Network. Project owners can earn rewards based on their total SQT spending each month, tracked through a dynamic leaderboard. This system ensures that the rewards are fairly distributed according to individual contributions, which can yield substantial returns on investment for project owners. By advocating for transparency and rewarding active participation, the program aims to propel the SubQuery Network into a central role within the evolving Web3 landscape.“