Sommelier Announces $1M R&D Grant from The Graph Foundation to deliver Graph Index Performance Improvements for Blockchain Market Data
In Partnership with Cosmos Developer Zaki Manian, The Graph Ecosystem Collaborates on Indexing Upgrades To Deliver Faster Ethereum Market Data Queries For Decentralized Finance
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PALO ALTO, Calif., April 14, 2021 /PRNewswire/ --
Sommelier, a decentralized finance (DeFi) blockchain protocol and Ethereum bridge that acts as a co-processor to the Ethereum world computer, today announced a $1M Research and Development grant from The Graph Foundation. This grant will fund ongoing Research and Development of indexing performance, protocol optimizations and improvements to the Graph Node. The Graph is a critical data layer to Sommelier's multichain protocol and its decentralized finance