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Updating Tokenonomics #829

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16 changes: 8 additions & 8 deletions website/pages/en/tokenomics.mdx
Original file line number Diff line number Diff line change
Expand Up @@ -3,19 +3,19 @@ title: Tokenomics of The Graph Network
description: The Graph Network is incentivized by powerful tokenomics. Here’s how GRT, The Graph’s native work utility token, works.
---

- GRT Token Address on Mainnet: [0xc944e90c64b2c07662a292be6244bdf05cda44a7](https://etherscan.io/token/0xc944e90c64b2c07662a292be6244bdf05cda44a7)
## Overview

- GRT Token Address on Arbitrum One: [0x9623063377AD1B27544C965cCd7342f7EA7e88C7](https://arbiscan.io/token/0x9623063377ad1b27544c965ccd7342f7ea7e88c7)
The Graph is a decentralized protocol that enables easy access to blockchain data. It indexes blockchain data similarly to how Google indexes the web. If you've used a dapp that retrieves data from a subgraph, you've probably interacted with The Graph. Today, thousands of [popular dapps](https://thegraph.com/explorer) in the web3 ecosystem use The Graph.

The Graph is a decentralized protocol that enables easy access to blockchain data.
## Specifics

It's similar to a B2B2C model, except it is powered by a decentralized network of participants. Network participants work together to provide data to end users in exchange for GRT rewards. GRT is the work utility token that coordinates data providers and consumers. GRT serves as a utility for coordinating data providers and consumers within the network and incentivizes protocol participants to organize data effectively.
- GRT Token Address on Mainnet: [0xc944e90c64b2c07662a292be6244bdf05cda44a7](https://etherscan.io/token/0xc944e90c64b2c07662a292be6244bdf05cda44a7)

By using The Graph, users can easily access data from the blockchain, paying only for the specific information they need. The Graph is used by many [popular dapps](https://thegraph.com/explorer) in the web3 ecosystem today.
- GRT Token Address on Arbitrum One: [0x9623063377AD1B27544C965cCd7342f7EA7e88C7](https://arbiscan.io/token/0x9623063377ad1b27544c965ccd7342f7ea7e88c7)

The Graph indexes blockchain data similarly to how Google indexes the web. In fact, you may already be using The Graph without realizing it. If you've viewed the front end of a dapp that gets its data from a subgraph, you queried data from a subgraph!
The Graph's model is akin to a B2B2C model, but it's driven by a decentralized network where participants collaborate to provide data to end users in exchange for GRT rewards. GRT is the utility token for The Graph. It coordinates and incentivizes the interaction between data providers and consumers within the network.
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The Graph plays a crucial role in making blockchain data more accessible and enabling a marketplace for its exchange.
The Graph plays a vital role in making blockchain data more accessible and supports a marketplace for its exchange. To learn more about The Graph's pay-for-what-you-need model, check out it's [free and growth plans](/en/billing/).
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## The Roles of Network Participants

Expand All @@ -29,7 +29,7 @@ There are four primary network participants:

4. Indexers - Backbone of blockchain data

Fishermen and Arbitrators are also integral to the networks success through other contributions, supporting the work of the other primary participant roles. For more information about network roles, [read this article](https://thegraph.com/blog/the-graph-grt-token-economics/).
Fishermen and Arbitrators are also integral to the network's success through other contributions, supporting the work of the other primary participant roles. For more information about network roles, [read this article](https://thegraph.com/blog/the-graph-grt-token-economics/).

![Tokenomics diagram](/img/updated-tokenomics-image.png)

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