The Graph: How to migrate your delegations from Ethereum to Arbitrum

‍What is The Graph?

The Graph (GRT) is a decentralized indexing protocol for querying networks like Ethereum and IPFS. The protocol lets anyone make blockchain data easily accessible by building and publishing public APIs called subgraphs.

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‍Why is The Graph migrating to Arbitrum?

The Graph has decided to move the protocol to Arbitrum since bringing the protocol smart contracts onto a Layer 2 network allows for gas savings (up to 26x), faster transactions and still being able to ultimately rely on the security inherited from Ethereum.

For example, Indexers could open and close allocations to index a greater number of subgraphs with higher frequency, developers could deploy and update subgraphs with greater ease, delegators could delegate $GRT with increased frequency, and curators could add or remove signal to a larger number of subgraphs - all actions previously considered too cost-prohibitive to perform frequently due to gas.

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‍When should you migrate your delegations?

You can delegate anytime over the next few weeks.

Currently, the reward share is 50% on Ethereum and 50% on Arbitrum.

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‍How secure is this migration?

Rest assured that your funds will be completely safe after the migration, and any unclaimed rewards will also move to Arbitrum, once you have moved your delegation.

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‍How to migrate your delegations to Arbitrum: A guide

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1. Visit https://thegraph.com/explorer and connect your wallet with your current delegation in the top right corner.

2. Expand the menu in the top right corner and click on the ‘Overview’ button to look at the general stats of your activity within The Graph.
3. Once you get a notification to start the migration process, you will see the below note pop up.

4. You will then be taken to the following page. Here, Click on ‘Transfer Delegation’.

• Ensure that the Current Indexer address displayed matches the Chorus One address: 0xe63e935fba572784d5aa40715e372e7948bbdb12

5.  The Receiving Arbitrum One Wallet Address will already contain the same address as your current Ethereum wallet.

• Ensure that you have control over the Arbitrum address! If it's an EOA (Externally Owned Account), a typical wallet denoted as "Address" on etherscan, you're all set unless you want to specify a different wallet address.
• If you’re using a Safe Wallet or another smart contract wallet, you may need to update the receiving Arbitrum One wallet address.

6. For your convenience, consider sending a small amount of ETH to this wallet address through the official Arbitrum bridge at https://bridge.arbitrum.io if you lack ETH to cover gas expenses. As an optional precaution, you can perform any transaction with the wallet to verify your control over it.

• Keep in mind that the migration process is irreversible, so sending tokens to an address you don't control will result in permanent loss.

7. Then, click on the ‘Transfer delegation’ button. Your transfer will be initiated.

8. You will then see a countdown appear. Once the countdown reaches Zero, the migration will be completed, and your delegations will have moved to Arbitrum!  

• Since the network can have gas spikes, and you might be required to take additional actions, we advise you to stay nearby till the migration has been completed.

Note - Going forward, you will still be able to manage your delegations from this portal. Just make sure you're on the correct network, "Arbitrum One".

Here’s a walkthrough guide by The Graph Foundation to help you with the migration.

Additionally, if you have any questions, we are happy to answer them on our telegram channel at https://t.me/chorusone

About Chorus One

Chorus One is one of the biggest institutional staking providers globally operating infrastructure for 45+ Proof-of-Stake networks including Ethereum, Cosmos, Solana, Avalanche, and Near amongst others. Since 2018, we have been at the forefront of the PoS industry and now offer easy enterprise-grade staking solutions, industry-leading research, and also invest in some of the most cutting-edge protocols through Chorus Ventures.

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