The Graph sees an uptrend in delegations; reasons aren’t very surprising

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The Graph sees an uptrend in delegations; reasons aren’t very surprising
France Dernières Nouvelles,France Actualités
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TheGraph [GRT] sees an upward trend in delegations; reasons aren't very surprising

tokens to the protocol as security to join the network as an Indexer. To ensure that they are motivated to act in the network’s best interests, Indexers stake their tokens, effectively locking them up as collateral.

As opposed to this, delegation gives someone else the right to stake your GRT tokens on your behalf. It enables people to participate in the network and earn rewards even if they want to run something other than their own Indexer. They lend their tokens to the Indexer to utilize as collateral when they delegate them to an Indexer.data, the network has always had more delegators than stakers. The prevalence of delegations may be due to how simple it is to hand over GRT tokens to others rather than dealing with the technicalities of staking.

As of the time of writing, there were about 1 billion delegates and 500 million stakeholder participants.

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France Dernières Nouvelles, France Actualités

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