The Graph
The Graph|12月 15, 2025 20:05
Delegators on The Graph just got significantly better economics with Horizon. ➕ The 0.5% delegation tax is completely removed. ➕ You can now submit up to 100 simultaneous undelegation requests instead of one at a time. ➕ Returns improve across the board. The strategic shift: Delegation is now service-specific. You choose both an Indexer AND which data service to delegate to. Existing delegations auto-migrated to SubgraphService, but as new services launch (Substreams, Token API, analytics), you can distribute stake across multiple services with different fee markets. Each new data service creates additional fee streams. More services mean more protocol activity, more GRT fees generated, more token burns, stronger scarcity. Delegators now have exposure to a wider and more diverse protocol economy instead of relying on a single service for returns. Subgraphs generate fees. Substreams generate fees. Token API generates fees. Each service operates independently while contributing to shared protocol growth. Delegators benefit from the entire ecosystem's expansion, not just one product's performance.(The Graph)
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