February 2024 Monthly Recap

After an extremely successful Public Sale in January, February was another extremely busy month with three key events - our TGE, our first exchange listing with Bybit, and our Mainnet launch, making this month a significant milestone in SubQuery Network’s evolution.

Let’s take a moment to pause and reflect on the noteworthy events that transpired in February 2024.

SubQuery’s Mainnet Launch and SQT TGE

We’ve successfully launched our mainnet on the Base network on the 23rd of Feburary. You can view the latest statistics after the first week, or participate in it yourself here at https://app.subquery.network.

The mainnet launch marks a proud achievement we've long worked for, yet it's just the start. The inclusion of RPCs unlocks new potential, positioning SubQuery Network at the forefront of a web3 infrastructure revolution. Learn more about the different role types in the SubQuery Network and how you can join.

With the mainnet launch, we also launched our token, SQT. This was simultaneously distributed to thousands of airdrop participants, as well as hundreds of public sale participants. You can find out more about our token here. Just a reminder, that if you were eligible for SQT airdrops, you must claim them before 8 March 2024, 11:59:59pm UTC (otherwise they will be redistributed to other airdrop programmes.

Key Links for SubQuery Token Launch

A heartfelt thank you to Bybit for the successful listing of the SQT token! 🚀 Your support has been instrumental in this milestone. We look forward to continued collaboration and growth together.

In partnership with Bybit, we have launched two special events (still ongoing until March 8) with a total prize pool of 15,000,000 SQT just for you! Don't forget to sign up and deposit SQT to meet the requirements of the Token Splash event to be in the running for this reward pool!

For full details, check out the official Bybit announcement here and view the spot listing here.

The SubQuery Seekers Challenge Program Continues

To celebrate the launch of mainnet, we’ve added 10 new challenges to the wildly popular SubQuery Seekers program. They include challenges related to delegating, project boosting, and claiming rewards. This is just the beginning, so keep an eye out for more challenges coming online in the coming days.

In addition, we just released the KYC program to help eliminate the referral bots. Make sure you KYC before the 10th of April in order to receive rewards from Seekers. We've also updated the referral counter to only count referrals that have also completed KYC - so encourage your friends that you referred to complete their KYC when they can.

Do note that the campaign will be running until 10th April 2024 so you still have lots of time to catch up on the Leaderboard or complete your KYC. Visit seekers.subquery.foundation to join almost 300,000 other participants and complete challenges to earn points now!

SubQuery Network Bridge Gas Rebate Program

Gas fees suck! Especially the high gas fees when bridging tokens from Ethereum to the Base network via our official bridge. Unfortunately, we can’t decrease these gas fees, but we’ve announced the Bridge Gas Rebate Program to support our community.

We will provide a 100% rebate (a refund) of the gas fees that you incurred bridging tokens Ethereum to Base or Polygon to Ethereum. This means that these bridge actions will cost you nothing. Read the announcement here and apply for a refund today.

If you have additional concerns or need help on this, please don’t hesitate to contact us on Discord and we will get back to you as soon as possible.

Be a Delegator on SubQuery today to Earn Rewards!

With the SubQuery mainnet live and SQT tokens active, seize the opportunity to maximise their potential. In just one week, over 20 million SQT tokens were delegated to the SubQuery Network by almost 250 individual delegators 🌐 - the first batch of rewards will be distributed at the end of this week.

Consider delegating your SQT tokens to support a preferred Node Operator and earn rewards. For delegation novices, our user-friendly guide ensures a smooth initiation into this rewarding journey

SubQuery now Supports Oraichain and IoTeX!

In February, we announced indexing support for Oraichain and IoTeX.

Here are some of the feedback we’ve received from them:

> "SubQuery is an excellent tool for all the developers in our ecosystem. Simple DevEx, great and thorough examples and free to experiment with. That ticks all the boxes for me!”

— Giuseppe De Luca, DevRel at IoTeX

> “SubQuery stands out in the blockchain space with its exceptional attributes that cater to a seamless developer experience. The platform boasts a user-friendly interface, ensuring developers navigate effortlessly through its functions. The well-thought-out APIs further enhance the development process, providing a robust foundation for creating innovative and data-driven blockchain applications.”

— Tyree Robinson, Head of Ecosystem at Oraichain

SubQuery Has Acquired 3 New Partners!

We’ve continued to expand our customer base with 3 new additions last month which are SteakHut, Ninja Blaze and SoulBound Protocol.

Here are some of the feedback we received from our partners:

“SteakHut uses Subquery for the complete analytics of the platform. We have doubled down on analytics and needed a platform that could support this. The flexibility of Subquery allowed SteakHut to unlock a new level of analytics for our users.”

— Wagyu, CoFounder and Lead Dev, SteakHut

"At Ninja Blaze, our top priority is providing a web2-level UX by swiftly delivering real-time blockchain information and we use SubQuery to achieve this. This not only adds excitement for players but also enhances user engagement. SubQuery's user-friendly development experience allows us to deliver faster and better results, saving time for further product development with confidence in the solutions utilised.”

— Alex, Co-Founder, Ninja Blaze

A heartfelt thank you to our new customers for entrusting us with your data needs and contributing valuable feedback. Your partnership fuels our growth, and we appreciate your ongoing support!

Other things you might have missed

P.S. Remember to join our Discord and our social channels to stay updated on our latest news and announcements!

About SubQuery

SubQuery Network is innovating web3 infrastructure with tools that empower builders to decentralise the future. Our fast, flexible, and open data indexer supercharges dApps on over 150 networks, enabling a user-focused web3 world. Soon, our Data Node will provide breakthroughs in the RPC industry, and deliver decentralisation without compromise. We pioneer the web3 revolution for visionaries and forward-thinkers. We’re not just a company — we’re a movement driving an inclusive and decentralised web3 era. Let’s shape the future of web3, together.