What is Unigraph Protocol (GRPH)?
Unigraph is a platform that addresses some of the key issues with Bitcoin-based token standards such as BRC20. While these protocols have grown to billions of dollars in TVL, they are often guarded by centralized and closed source indexers, which are typically maintained by single entities. This creates a centralized point of failure and a potential attack vector for the growing DeFi ecosystem on Bitcoin. Unigraph aims to solve this problem by providing a decentralized and open-source alternative that can empower the DeFi ecosystem on Bitcoin and ensure its security and longevity.
How Unigraph Protocol (GRPH) Works
Unigraph is taking a unique approach to address these issues by creating the first open-sourced, decentralized indexer for Bitcoin token standards. The Unigraph indexer will be managed by a network of node operators, where anyone can participate based on staking GRPH tokens. This decentralized approach secures and decentralizes token standards on the Bitcoin network, enabling new DeFi primitives to be created in a non-custodial way. This paves the way for trustless DEXes, lending markets, stablecoin protocols, and more.
The GRPH token is a utility token that powers the Unigraph ecosystem. Node operators work together to provide data access to users and receive GRPH rewards. The GRPH token is used to incentivize participants in the Unigraph protocol. Users of the Unigraph protocol will pay to access data using GRPH tokens. The aim is for Unigraph to become the de-facto standard for data availability on the Bitcoin network.
Unigraph and the GRPH token will play a crucial role in decentralizing Bitcoin-based token data and making the ecosystem more accessible and functional for developers and end-users. This will enable the development of innovative DeFi applications and enable more people to participate in the growing DeFi ecosystem.
How Many Unigraph Protocol (GRPH) Tokens Are in Circulation?
How to Buy Unigraph Protocol (GRPH)
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Unigraph Protocol (GRPH) Resources
Buy Unigraph Protocol in Canada with Bitget
Simple 3-step guide to buying GRPH today in Canada
Create your free Bitget account
Select a funding method
Complete your Unigraph Protocol purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Unigraph Protocol using a payment method of your choice:
Buy Unigraph Protocol with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
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Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Unigraph Protocol order.
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Converting your Google Pay and Apple Pay balance into Unigraph Protocol is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Unigraph Protocol order.How to buy crypto via third-party gatewayBuy with bank transfer
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You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Unigraph Protocol order.P2P trading
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