/bash-start-indexer

A graph protocol indexer stack that is supposed to be run by everyone at home to servce queries decentralized in each city.

Primary LanguageShellMIT LicenseMIT

START INDEXER (1)

NAME

./start
-bash: ./start: Put your city on the map

SYNOPSIS

bash start-indexer [OPTION]... [FILE]...

DESCRIPTION

Run a graph protocol indexer on the decentralized network.

-s, --seed
         (TBD) seed phrase for the operator wallet

-t, --testnet
         run on testnet

-m, --mainnet
         run on mainnet

-a, --api-key  
         (TBD) api key to use rpcs from different decentralized rpc networks

FINANCIALS

As a result on the low end it’s possible to run indexers profitably at a GRT price of $0.05 with the minimum stake of 100,000 GRT.

The following details daily cost and rewards using $0.05 and $0.10 as scenarios for the price of GRT as the price points where the indexer breaks even and when it pays more rewards than simply delegating.

GRT USD USD
GRT price 1 $0.05 $0.10
self stake 100000 $5,000.00 $10,000.00
delegations max 1500000 $75,000.00 $150,000.00
average rewards per 1 million GRT staked for the top 50 subgraphs 298 $14.90 $29.80
max staking rewards at 10% commission 74.5 $3.73 $7.45
delegation rewards at 10% commission 26.82 $1.34 $2.68
profit before cost 47.68 $2.38 $4.77
rpc access $3.33 $3.33
index node $0.20 $0.20
profit over delegating $-1.15 $1.23
APR staking 1.40% 14.30%
APR delegating 9.79% 9.79%

ASSUMPTIONS

  • The indexer runs at home at negligible cost of electricity or the cheapest VPS for $6 Contabo VPS 200 GB SSD
  • It’s possible to obtain RPC access at 100 EUR per month provided by StakeSquid on request per Email (pay with crypto or wire transfer - comes with invoice - within EU: +VAT)
  • The indexer can max out it’s delegation capacity... to be done. This will be achieved through participation in a liquid staking pool. Pool operators please contact us.