1. What is Subsquid?
Subsquid is a blockchain indexing SDK and a distributed data lake optimized for serving large volumes of historical on-chain data from over 100+ chains.
The SDK offers a highly customizable Extract-Transform-Load-Query stack for indexing events, transactions, traces and state diffs.
Indexers built with the SDK (squids) are suitable for both real-time streaming and batch data processing and don't require a high-throughput RPC endpoint to run. As the data is ingested primarily from the data lake, a typical indexing speed is up to and beyond 50,000 blocks per second.
2. Who is eligible?
Eligibility for the Subsquid testnet is detailed in the “Who May Use the Services” section of the Terms and Conditions. Participation is restricted to jurisdictions where it is permitted by applicable law. To be eligible for rewards, participants must undergo KYC, KYB, and AML checks.
A maximum of 500 node runners will be selected through an application process for participation in the testnet. See here for a list of hardware requirements.
There is no selection criteria to join as a developer or other community member; all that is required is to log into the network application. Infrastructure providers who run worker nodes will be informed by email.
3. When is the deadline to participate?
There is no deadline to participate - node runner applications will be accepted on a rolling basis until the 500 slots are filled. Other testnet participants (developers, non-technical users) are free to complete quests and earn tSQD throughout the duration of the testnet.
4. What are the required activities?
Worker node operators
Node runners will receive points based on the following parameters; additional criteria may be identified at the discretion of Subsquid during the program:
Developer and non-technical participants
Developers as well as non-technical participants can earn tSQD by completing quests in Subsquid’s network app. Tasks include but are not limited to:
5. What are the rewards?
Subsquid Labs GmbH has allocated ~2% of its token supply to the testnet. Roughly 1% or 13,300,000 SQD will be allocated to developers of indexers (squids) and other participating community members. Another ~1% or 13,300,000 SQD will be rewarded to worker node operators.
For more information and to participate, check out the Subsquid Incentivized Testnet page here.