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Create XXXX-optimizing-query-fees-sent-to-indexers.md #33

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merged 2 commits into from
Jan 18, 2024

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howard-the-graph
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@@ -0,0 +1,64 @@
---
GIP: "XXXX"
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@howard-the-graph let's self-assign a GIP number here, 0063 is the next available

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(This is the proposed new process, which is pending official approval but some of which we've already been doing for a while: #30 )

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Ah, good to know. Updated ✅

---
GIP: "XXXX"
Title: Optimizing Query Fees sent to Indexers
Authors: Howard
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The template requires adding contact information here, could you add an email in angle brackets?

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Done ✅

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@MichaelMacaulay MichaelMacaulay left a comment

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Amazing work! Very well-written!


## Abstract

Today, at least 11% of query fees paid by data consumers do not ever make it to either the Gateway or the Indexers that provide the service to the data consumers. This GIP aims to reduce these transactional costs. This can be done without changing any smart contract code; instead, only two parameters need to be tweaked: removing the fees sent to curators and setting the protocol tax to zero. This will simplify how the protocol operates and potentially save GRT both for developers and Indexers.
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Minor nitpick, but it is preferred to capitalize all network roles (Curators does not seem to be capitalized).

Edit: after reading through, it strikes me as a good stylistic choice not to capitalize curators. Great work!

…063-optimizing-query-fees-sent-to-indexers.md
@MichaelMacaulay MichaelMacaulay merged commit ca38fc6 into graphprotocol:main Jan 18, 2024
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3 participants