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Recently, a Decentralized Finance (DeFi) protocol completed the migration of its data service provider from The Graph to the Chainbase platform. This decision brought significant results: the data call cost dropped by 80%, the user experience improved by 5 times, and the protocol's token revenue actually increased by 200%. This tremendous improvement undoubtedly demonstrates the advantages of the new platform in terms of performance and cost-effectiveness.
The Chainbase platform currently supports over 200 blockchain networks, including major public chains such as Ethereum, Solana, and Sui. In contrast, The Graph has a more limited support range, primarily focusing on a few networks like Ethereum. In terms of fees, Chainbase charges only 0.01U per use and offers the first 100,000 uses for free to enterprise users. This stands in stark contrast to The Graph's pricing of 0.1U per use with no free quota.
In terms of technical performance, Chainbase demonstrates clear advantages. Its processing capacity reaches 2000 TPS (transactions per second), with data arrival time needing only 3 seconds. In comparison, The Graph has a processing capacity of 200 TPS, with a 2-second processing delay.
Chainbase also offers more incentives for developers. In addition to the regular data query revenue sharing, the platform has established a developer reward pool that accounts for 15% of the total tokens and provides ecological fund support. Currently, Chainbase is conducting a "Developer Migration Subsidy" campaign, which can provide up to 100,000 USDT in subsidies for migrating projects.
This series of data and policies undoubtedly highlights Chainbase's competitiveness in the DeFi data service field. For DeFi projects considering optimizing data services, this is undoubtedly a choice worth noting. However, project teams still need to comprehensively consider various factors such as their own needs, long-term development strategies, and potential risks when making migration decisions.