Before Framework Ventures’ on-chain actions, the 99 million GRT, worth roughly $7 million, had been sitting in The Graph’s staking contract since February and March 2021.
The Graph is a decentralized protocol for indexing and querying data from blockchains, starting with Ethereum. It makes it possible to query data that is difficult to query directly.
Gnosis Chain is the first chain after Ethereum to gain support on The Graph’s decentralized network, which will soon replace The Graph’s centralized “hosted” service.