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MichaelMacaulay committed Sep 20, 2024
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6 changes: 3 additions & 3 deletions website/pages/en/glossary.mdx
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2. **Indexing Rewards**: The rewards that Indexers receive for indexing subgraphs. Indexing rewards are generated via new issuance of 3% GRT annually.

- **Indexer's Self Stake**: The amount of GRT that Indexers stake to participate in the decentralized network. The minimum is 100,000 GRT, and there is no upper limit.
- **Indexer's Self-Stake**: The amount of GRT that Indexers stake to participate in the decentralized network. The minimum is 100,000 GRT, and there is no upper limit.

- **Upgrade Indexer**: An Indexer designed to act as a fallback for subgraph queries not serviced by other Indexers on the network. The upgrade Indexer is not competitive with other Indexers.

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- **Arbitrators**: Arbitrators are network participants appointed through a governance process. The role of the Arbitrator is to decide the outcome of indexing and query disputes. Their goal is to maximize the utility and reliability of The Graph Network.

- **Slashing**: Indexers can have their self staked GRT slashed for providing an incorrect POI or for serving inaccurate data. The slashing percentage is a protocol parameter currently set to 2.5% of an Indexer's self stake. 50% of the slashed GRT goes to the Fisherman that disputed the inaccurate data or incorrect POI. The other 50% is burned.
- **Slashing**: Indexers can have their self-staked GRT slashed for providing an incorrect POI or for serving inaccurate data. The slashing percentage is a protocol parameter currently set to 2.5% of an Indexer's self-stake. 50% of the slashed GRT goes to the Fisherman that disputed the inaccurate data or incorrect POI. The other 50% is burned.

- **Indexing Rewards**: The rewards that Indexers receive for indexing subgraphs. Indexing rewards are distributed in GRT.

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- **Cooldown Period**: The time remaining until an Indexer who changed their delegation parameters can do so again.

- **L2 Transfer Tools**: Smart contracts and UI that enable network participants to transfer network related assets from Ethereum mainnet to Arbitrum One. Network participants can transfer delegated GRT, subgraphs, curation shares, and Indexer's self stake.
- **L2 Transfer Tools**: Smart contracts and UI that enable network participants to transfer network related assets from Ethereum mainnet to Arbitrum One. Network participants can transfer delegated GRT, subgraphs, curation shares, and Indexer's self-stake.

- **Updating a subgraph**: The process of releasing a new subgraph version with updates to the subgraph's manifest, schema, or mappings.

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8 changes: 4 additions & 4 deletions website/pages/en/tokenomics.mdx
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Each subgraph is allotted a portion of the total network token issuance, based on the amount of the subgraph’s curation signal. That amount is then rewarded to Indexers based on their allocated stake on the subgraph.

In order to run an indexing node, Indexers must self stake 100,000 GRT or more with the network. Indexers are incentivized to self stake GRT in proportion to the amount of queries they serve.
In order to run an indexing node, Indexers must self-stake 100,000 GRT or more with the network. Indexers are incentivized to self-stake GRT in proportion to the amount of queries they serve.

Indexers can increase their GRT allocations on subgraphs by accepting GRT delegation from Delegators, and they can accept up to 16 times their initial self stake. If an Indexer becomes "over-delegated" (i.e., more than 16 times their initial self stake), they will not be able to use the additional GRT from Delegators until they increase their self stake in the network.
Indexers can increase their GRT allocations on subgraphs by accepting GRT delegation from Delegators, and they can accept up to 16 times their initial self-stake. If an Indexer becomes "over-delegated" (i.e., more than 16 times their initial self-stake), they will not be able to use the additional GRT from Delegators until they increase their self-stake in the network.

The amount of rewards an Indexer receives can vary based on the Indexer's self stake, accepted delegation, quality of service, and many more factors.
The amount of rewards an Indexer receives can vary based on the Indexer's self-stake, accepted delegation, quality of service, and many more factors.

## Token Supply: Burning & Issuance

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

The Graph is designed with multiple burning mechanisms to offset new token issuance. Approximately 1% of the GRT supply is burned annually through various activities on the network, and this number has increased as network activity continues to grow. These burning activities include a 0.5% delegation tax whenever a Delegator delegates GRT to an Indexer, a 1% curation tax when Curators signal on a subgraph, and a 1% of query fees for blockchain data.
The Graph is designed with multiple burning mechanisms to offset new token issuance. Approximately 1% of the GRT supply is burned annually through various activities on the network, and this number has been increasing as network activity continues to grow. These burning activities include a 0.5% delegation tax whenever a Delegator delegates GRT to an Indexer, a 1% curation tax when Curators signal on a subgraph, and a 1% of query fees for blockchain data.

![Total burned GRT](/img/total-burned-grt.jpeg)

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