Every number, with its receipt.

Minimum Indexer self-stake

The minimum stake for an Indexer is currently set to 100K GRT.

Maximum delegation ratio

The Graph Network includes a delegation ratio of 16, meaning an Indexer can accept up to 16 times their Self-Stake in delegated GRT.

Maximum POI staleness

The maxPOIStaleness parameter is currently set to 28 days.

Allocation lifetime

Under Graph Horizon, allocations can remain open indefinitely. There is no requirement to close an allocation to collect rewards.

The protocol permits indefinite allocations. The shipped indexer stack does not yet use them. The Horizon changes page states: "At Horizon launch the indexer stack will continue to operate using the current 'short lived' allocation lifecycle for an easier transition. This means that allocations will be recycled typically every 28 days." Teach the protocol capability and the operational reality as two separate facts, because an indexer planning capacity needs both.

Maximum slashable percentage

Arbitrators now have the flexibility to determine appropriate slash amounts based on the severity and context of infractions, up to a cap of 10% of the indexer's stake.

Recommended slash amount

The recommended value is 2.5% of the indexer's stake.

Fisherman dispute deposit

A deposit of a minimum of 10,000 GRT is required by the Fishermen.

Undelegation (thawing) period

When a Delegator chooses to undelegate, their tokens are subject to a 28-day undelegation period.

Delegation tax

The 0.5% delegation tax has been completely removed.

Removed by Graph Horizon. The tokenomics page has not caught up: as read on 2026-08-30 it still states "There is a 0.5% delegation tax which is burned whenever a Delegator delegates GRT on the network." Two official pages, two answers. The Horizon pages are the current ones. A delegator who budgets for a 0.5% haircut on deposit is working from stale documentation.

Simultaneous undelegation requests

Horizon supports up to 1,000 simultaneous undelegation requests, removing the previous restriction to a single active undelegation at a time.

The two official pages disagree, and both were read on 2026-08-30. The Delegating page says 1,000. The Horizon changes page says "Delegators can now have multiple undelegation requests processing simultaneously (up to 100)." Unresolved. The practical guidance does not turn on which is right, because both are far above what any delegator queues in practice, but the registry records the conflict rather than picking a winner. Resolution requires reading MAX_THAW_REQUESTS on the deployed HorizonStaking contract.

Delegated stake slashable

Horizon introduces the technical capability for delegated stake to be slashed in the future. This capability is not currently enabled for SubgraphService.

A capability that exists and is switched off. Teach it as a future risk, never as current behaviour, and never omit it.

Curation tax

Curators pay a 1% curation tax when they curate a new Subgraph. This curation tax is burned, decreasing the supply of GRT.

L2 curation bonding curve

The curation bonding curves on L2 are flat, which makes it easier for other Curators to curate on subgraphs, increasing the rewards for Indexers.

Signal and unsignal cost the same regardless of who signalled first. The L1 early-mover advantage is gone.

Suggested self-curation signal

Subgraph developers are encouraged to curate their Subgraph with at least 3,000 GRT. However, this number may be impacted by network activity and community participation.

Annual GRT issuance

The total supply of GRT tokens will increase by 3% each year as new tokens are issued to Indexers for their contribution to the network.

Initial GRT supply

The initial token supply is 10 billion GRT, with a target of 3% new issuance annually to reward Indexers for allocating stake on Subgraphs.

Query fee burn

1% of the query fees paid to the network are burned.

Protocol settlement layer

The Graph protocol contracts and GRT operate on Arbitrum One.

Rebate function lambda

We believe setting lambda=0.6 and alpha=1 ensures there will be enough stake to secure the network without putting too much of a staking burden on indexers.

The value proposed in GIP-0051. The deployed value lives in contract storage as lambdaNumerator / lambdaDenominator and can be changed by governance without a new GIP number. The GIP's own worked figures reproduce exactly at lambda 0.6 and alpha 1: a stake ratio of 4 returns 90.9% of fees, 6 returns 97.3%, 8 returns 99.2%. Anyone sizing real stake should read the contract rather than this page.

Rebate function alpha

Where 0 <= alpha <= 1 and lambda > 0 are protocol parameters.

Query fees burned under Cobb-Douglas

Query fee burn would be less than 7%, which is in stark contrast to the current mechanism which historically has burned over 50% of query fees.

The mechanism this replaced. Retained because the size of the improvement is the argument for the change, and because pre-2023 material still teaches Cobb-Douglas as current.

Issuance redirected to the Innovation Allocation

The Graph Council has approved GIP-0089, directing 20% of protocol issuance to the Innovation Allocation.

Approved by Council on 2026-08-26 and effective 2026-08-31. This is a live change, not a proposal. It reduces the issuance reaching indexers and therefore the issuance reaching delegators, by 20% at the source. Any indexing APR quoted from data collected before 2026-08-31 is measuring a larger pie. The forum post gives the effective date as Monday 2026-08-31 in one place and 2026-09-01 in another. Read the Issuance Allocator contract if the exact block matters to you.

SubgraphService issuance after the redirect

The SubgraphService Rewards Manager receives 96.584 GRT per block, a reduction of 24.146 GRT per block from 120.73.

Was 120.73 GRT per block before 2026-08-31. The 24.146 GRT per block difference goes to the Foundation treasury through an existing DirectAllocation contract.