Proponent/Paid to: a3bDuQajgZhVs7Z9bJxfxBNyqBqmQCZr37okVrU7NCfzABJo8 Date: 7 February 2023 Requested KINT: 1,303.5031 Short description: Ongoing costs for Quarter 4 (covering October to December) of 2022, for the running of a high performance and reliable data indexing managed service for Interlay.
Almost every blockchain has a need to process and query data, however everyone knows that a core weakness of blockchain data is that the processing and query performance is extremely inefficient. SubQuery is an open source platform that solves that.
Additionally, managing infrastructure can also be extremely challenging and many teams don't have the expertise or resource that is needed to deploy indexers to cloud providers and then run them at high availability so that they can be relied on for production use cases. SubQuery provides a hosted service with 99.9% reliability to remove this burden from teams, so they can stay focused on building their dApps.
This proposal includes combined running costs for our infrastructure for Interlay from 1st October 2022 until 31st December 2022. The total combined running cost is USD $1,040.58.