TL;DR - Graph Office Hours #274 (first under the new name)
New Foundation team confirmed: Carlos (ex-GraphOps, network infra lead), Tomas & Miguel (ex-E&N protocol), Samuel (SWE), Juan (ex-GraphOps).
Studio migration — heads up, indexers:
- Studio is NOT being deprecated, but sandbox/support gets limited
- Influx of subgraphs moving from the upgrade indexer to the network over the next ~2–3 weeks, phased — initially by curating signal on high-query-volume subgraphs so indexers pick them up
- New pricing plans coming (query pricing + plan limits/fair-use changes) — no firm timeline, “coming weeks”
- Substreams to be brought natively into thegraph.com (currently farmed out to Graph Market/StreamingFast)
Chain deals: all handed off from E&N to the Foundation, contracts being finalized, no disruption expected. New chains: HyperEVM (Substreams extended blocks via Pinax, announcement this week) and ARC mainnet subgraphs Wed Sept 16 (Substreams support TBD).
REO tightening — the meat of the call (Orion, from 2025 back-test data):
- Most impactful lever = number of subgraphs served (near-linear); latency and blocks-behind-chainhead barely matter
- Uptime distribution is bimodal: 46.4% of indexers have ~zero days online, 42.9% are online 26–28 days — so squeezing uptime past mid-range recovers little
- Likely first step: 11–16 days uptime + 20 subgraphs → ~27% of rewards (by GRT) reclaimed
- Clarification: “online” for a day = 1 query within limits, so even 16 days ≈ lenient
- Later: possibly stake-weighted dynamic criteria (200M-stake indexer should serve more than 2M)
- Plan by end of September, then gradual ramps; 14-day on-chain grace period stays (plus the ~23-day rolling-window lag before you even hit it)
- Explorer may block delegation to ineligible indexers
Issuance math after all changes: 80% rewards manager / 20% innovation allocation now → 75% indexing rewards / 5% DIPS / 20% innovation allocation later. GIP-0089 went live Sept 1. DIPS contracts deployed but dormant; activation “later this year” (~2–3 months), Council already approved the 5%.
Liquid staking: Phase 1 (small group) live ~2 weeks; Phase 2 (all delegators) mid-September; Phase 3 adds Morpho pools / ST-GRT trading. Managed with Avantgarde + Enzyme.
ETH Online hackathon (Sept 4–16): $15k in Graph prizes, 1,400 hackers, 140+ building with Graph tech; AI-focused tracks (MCP/agents, skills, composable subgraph/substreams products).
One note: this transcript has zero speaker labels (every block is “SPEAKER” — whisper without diarization), so attributions above are inferred from context: BK hosted, Orion gave the REO/DIPS numbers, Samuel/Tomas clarified the “online” definition. Pedro was a no-show.