The Polygon team announced via a blog post on Thursday that The Graph, a decentralized protocol used to index Web3 data, is adding support for Polygon on The Graph Network. Following this partnership, Polygon said its users would soon be able to rely on fully decentralized APIs to power their decentralized applications (dApps). Joining The Graph Network will allow Polygon developers to find the data they need to improve the efficiency of their dApps, the team added.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. MATIC is down by 1% in the last 24 hours and is currently trading at $0.9130.
The Graph is an indexing protocol for decentralized applications that allows developers to efficiently access blockchain data. Developers can build subgraphs that define how to ingest, index, and serve blockchain data in a verifiable way.
GRT, the native token of The Graph Network, is down by 1% in the last 24 hours and is currently trading at $0.0641.