SubQuery, a leading decentralized data indexing company, has partnered with SteakHut. It is a DeFi platform that makes money through staking, liquidity mining, and lending and borrowing. This partnership could transform blockchain data analysis and improve SteakHut’s growing user base.
👏 Big congratulations to @steakhut_fi, the liquidity layer of @avax on their recent mainnet launch! 🚀
We’re excited to announce our partnership with them, enabling SteakHut to unlock a new level of analytics and improve the user experience.
Read it ⬇️ https://t.co/bw4CrxZs4H pic.twitter.com/Vwoiw420nr
— SubQuery (@SubQueryNetwork) February 27, 2024
SubQuery partnership increases data efficiency for DeFi platform SteakHut
SubQuery’s partnership with SteakHut comes as DeFi platforms need to manage and analyze data more efficiently. As demand for decentralized financial solutions increases, platforms like SteakHut are looking for new ways to use data to improve their services and provide useful information.
SubQuery’s advanced data indexing solution benefits blockchain developers and projects like SteakHut. SubQuery’s fast, flexible, open, and decentralized architecture helps developers organize and query data across the chain. SubQuery allows developers to focus on product development and user experience instead of indexing.
SubQuery’s technology is great for accelerating data queries and transactions. SubQuery’s advanced indexing allows SteakHut users to see real-time asset and liquidity data. This better analytics infrastructure improves the user experience and helps SteakHut users make smarter investment and DeFi decisions.
Wagyu, co-founder and lead developer of SteakHut, was excited about the partnership, noting that SubQuery’s flexibility gave users access to new analytics. SubQuery’s full analytics platform provides SteakHut users with many analytics tools and data visualization options. This helps them assess their investments and the health of the platform.
SubQuery founder and CEO Sam Zou agreed with Wagyu, saying his company is committed to helping blockchain projects like SteakHut succeed. Zou said SubQuery provides blockchain projects with the resources and tools they need to succeed, so they can focus on creating new products and great user experiences.
CEO of SubQuery is committed to supporting Blockchain projects like SteakHut
The partnership between SubQuery and SteakHut benefits SteakHut developers. SubQuery’s better indexing and open-source SDKs, tools, documentation, and support are available to developers. This simplifies the creation and use of apps on SteakHut, fueling the growth and innovation of the ecosystem.
SubQuery tokenizes and decentralizes its protocol to build the SubQuery Network. This network will index and provide project data to the global Layer-1 and Layer-2 networking community in a rewarding and verifiable manner. This project will improve the scalability and compatibility of blockchain apps. Developers will have more options to use decentralized data indexing solutions. The collaboration between SubQuery and SteakHut advances the analysis of blockchain data. This drives the growth and innovation of the DeFi ecosystem.