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title: Network Overview | ||
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The Graph Network is a decentralized indexing protocol for organizing blockchain data. Applications use GraphQL to query open APIs called subgraphs and retrieve data that is indexed on the network. With The Graph, developers can build serverless applications that run entirely on public infrastructure. | ||
The Graph Network is a decentralized indexing protocol for organizing blockchain data. | ||
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## Overview | ||
## How does it work? | ||
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The Graph Network consists of Indexers, Curators, and Delegators that provide services to the network and serve data to Web3 applications. Consumers use the applications and consume the data. | ||
Applications use [GraphQL](/querying/graphql-api/) to query open APIs called subgraphs and retrieve data that is indexed on the network. With The Graph, developers can build serverless applications that run entirely on public infrastructure. | ||
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## Specifics | ||
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The Graph Network consists of Indexers, Curators, and Delegators that provide services to the network and serve data to web3 applications. | ||
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![Token Economics](/img/[email protected]) | ||
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To ensure economic security of The Graph Network and the integrity of data being queried, participants stake and use Graph Tokens ([GRT](/tokenomics)). GRT is a work utility token that is an ERC-20 used to allocate resources in the network. | ||
### Economics | ||
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To ensure economic security of The Graph Network and the integrity of data being queried, participants stake and use Graph Tokens ([GRT](/tokenomics)). GRT is a work utility token that is an ERC-20, which is used to allocate resources in the network. | ||
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Active Indexers, Curators, and Delegators can provide services and earn income from the network, proportional to the amount of work they perform and their GRT stake. | ||
Active Indexers, Curators, and Delegators can provide services and earn income from the network. The income they earn is proportional to the amount of work they perform and their GRT stake. |