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 may change blockchain data analysis and improve SteakHut’s growing user base.
👏 Big congrats to @steakhut_fi, the liquidity layer of @avax on their recent mainnet launch! 🚀
We’re thrilled to announce our partnership with them where we enable SteakHut to unlock a new level of analytics, enhancing its user experience.
Read it ⬇️ https://t.co/bw4CrxZs4H pic.twitter.com/Vwoiw420nr
— SubQuery (@SubQueryNetwork) February 27, 2024
SubQuery Partnership Boosts Data Efficiency for DeFi Platform SteakHut
SubQuery’s partnership with SteakHut comes as DeFi platforms must manage and analyze data more efficiently. As demand for decentralized financial solutions rises, platforms like SteakHut are looking for new ways to use data to improve their services and provide useful information.
SubQuery’s cutting-edge data indexing solution benefits blockchain developers and projects like SteakHut. SubQuery’s fast, flexible, open, and decentralized architecture helps developers organize and query on-chain data. SubQuery allows developers to focus on product development and user experience instead of indexing.
SubQuery’s technology is great for speeding up data queries and transactions. SubQuery’s advanced indexing lets SteakHut users 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.
SteakHut Co-Founder and Lead Developer Wagyu was excited about the partnership and noted that SubQuery’s flexibility allowed users to access new analytics. SubQuery’s full analytics platform gives SteakHut users many analytics tools and data visualization options. This helps them assess their investments and the platform’s health.
SubQuery founder and CEO Sam Zou agreed with Wagyu and said 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.
SubQuery CEO Commits to Supporting Blockchain Projects like SteakHut
SubQuery and SteakHut’s partnership benefits SteakHut developers. SubQuery’s better indexing and open-source SDKs, tools, documentation, and support are available to developers. This simplifies app creation and use on SteakHut, fostering ecosystem growth and innovation.
SubQuery is tokenizing and decentralizing its protocol to build the SubQuery Network. This network will index and serve project data to the global community in a rewarding and verifiable way for Layer-1 and Layer-2 networks. This project will improve blockchain app scalability and compatibility. Developers will have more opportunities to use decentralized data indexing solutions. SubQuery and SteakHut’s partnership advances blockchain data analysis. This boosts DeFi ecosystem growth and innovation.
