The Graph
The Graph is a decentralized data query protocol aimed at simplifying and enhancing efficiency of decentralized applications (DApps) and smart contract development.
The Graph can be utilized as a fee for developers to retrieve data from the blockchain, as rewards for holders who stake the Graph and for governance voting in operational decisions.
Issuance and Burning of the Graph
The initial token supply of the Graph is 10 billion GRT, with an annual target of 3% new issuance.
On top of that, multiple burning mechanisms are in place to adjust the Graph supply.
Approximately 1% of the GRT supply will be burned annually and it is expected that the percentage will increase as network activity continues to grow.
For more information on issuance and burning, please visit the following page.
*https://thegraph.com/docs/en/tokenomics/#token-supply-burning--issuance