25 May 2023 11:33, UTC
Reading time: ~4 m
Data indexing plays a vital role in the functioning of the crypto market, enabling efficient and reliable access to blockchain data. It involves the organized and structured categorization of blockchain information, making it easily retrievable and usable for developers and users. To provide more accessibility to users, SubQuery has announced its indexing support for Evmos, a proof-of-stake (PoS) network that facilitates seamless value transfer between the Ethereum and Cosmos ecosystems.
SubQuery Extends Its Indexing Support For Evmos
In a significant move, SubQuery, a leading provider of flexible and decentralized data indexing solutions, has announced its indexing support for Evmos, a proof-of-stake (PoS) network that facilitates value transfer between the Ethereum and Cosmos ecosystems. Developed using the Cosmos software development kit (SDK), Evmos empowers developers to run Ethereum smart contracts seamlessly on app-specific Cosmos networks.
Exciting news in the world of #DeFi!🌍⛓
We’re expanding our indexing support to include @EvmosOrg, a PoS network that enables value transfer between @Ethereum and @cosmos ecosystems.
Read more⬇https://t.co/mX2z0mnQS8#web3 $EVMOS #IBCgang pic.twitter.com/qDFacUcJi0
— SubQuery (@SubQueryNetwork) May 25, 2023
SubQuery’s data indexing solution offers blockchain developers the necessary tools to efficiently organize and query on-chain data for their protocols and applications. By abstracting the backend complexities, SubQuery provides a custom API, allowing developers to concentrate on product development and user experience rather than building their own indexing solutions.
Evmos developers stand to benefit from SubQuery’s superior indexing experience, which encompasses open-source SDKs, extensive documentation, tools, and robust developer support. Additionally, Evmos is fully supported in SubQuery’s enterprise-level managed service, which offers reliable infrastructure hosting and handles millions of requests on a daily basis.
Sam Zou, Founder and CEO of SubQuery said, “We are excited to announce our collaboration with Evmos, a versatile proof-of-stake (PoS) network that enables value transfer between Ethereum and Cosmos ecosystems.” He added, “By integrating our powerful data indexer with Evmos’s blockchain platform, we’re enabling developers to build innovative DeFi applications that can leverage the joint liquidity and value transfer enabled by the Cosmos Inter-Blockchain Communication (IBC) protocol. This collaboration underscores our commitment to empowering the DeFi ecosystem with reliable, accurate, and up-to-date data insights, paving the way for a decentralized financial future that is accessible to everyone.”’
SubQuery Becomes Leading Indexer In Cosmos With Multiple Integrations
SubQuery, a leading indexer in the Cosmos ecosystem, has successfully integrated with 12 zones, including Juno, Cronos, Osmosis, Fetch.ai, and Injective, among others. With its fast and reliable indexing capabilities, SubQuery provides developers with an efficient method to query and analyze data on the Cosmos network.
Recognizing the potential for broader adoption and usage, SubQuery has unveiled plans to extend its indexing support to all Cosmos chains. This expansion will enable a wider range of users and applications to leverage SubQuery’s services, simplifying access to and comprehension of complex blockchain data.
With data indexing, blockchain queries can be executed swiftly and accurately, enabling faster access to relevant information. This enhances user experiences on DApps and enables developers to build efficient and responsive applications.
Having gained extensive experience working with customers across various verticals in Ethereum, Polygon, Polkadot, Cosmos, Algorand, NEAR, and Avalanche, SubQuery has solidified its reputation as the go-to indexer for developers in the Web3 space. Its expertise and track record have created a powerful indexing platform that caters to diverse needs, such as wallets, networks, explorers, NFTs, DeFi, and scanners.
SubQuery’s focus is currently directed toward decentralizing and tokenizing the protocol, leading to the development of the SubQuery Network. This network aims to index and service data from projects in a verifiable and incentivized manner, providing support for indexing Evmos projects and any other Layer-1 supported by SubQuery.
The integration of Evmos into SubQuery’s ecosystem is live and ready for production use by projects across the network. As SubQuery expands its capabilities, developers can expect enhanced accessibility and efficiency when working with blockchain data, fueling innovation and driving the growth of decentralized applications within the Cosmos ecosystem.
Read the full article here