Thread by @aleph_im

Why is decentralized Indexing important for the ecosystem?

🧵(thread)🧵

1/ Let's start by defining indexing. According to Investopedia, indexing is the practice of compiling economic data into a single metric or comparing data to such a metric.

2/ If indexing is just compiling data and showing it to users, why can't protocols do it themselves? Well, they can, but it eats up a lot of resources and takes a lot of time to go through the process and automate it efficiently.

3/ Ok, and why do they need it though? Well, in order to help team members and users to make decisions based on real-time data.

4/ Got it, but people still could manipulate these numbers... Enter #Decentralization. Decentralizing this process using our node network guarantees that all the data shown to the users is 100% legit and cannot be tampered with.

5/ So by providing this solution, we are:

1- Saving projects a ton of money in resources.
2- Guaranteeing the transparency of the information.
3- Making it easier for the ecosystem to make informed decisions.
4- Following our mission to decentralize everything

6/ Want to find out who is using our decentralized indexing solution to date?

-@ProjectSerum / serum.markets
-@RaydiumProtocol / raydium.info
-@Saber_HQ / saber.markets
-@orca_so / orca.markets
-@neonlabsorg / bit.ly/3r3XNI8

-@friktion_labs / bit.ly/3ExuyjV
-@Katana_HQ / bit.ly/3yRQTr6
-@PsyOptions / bit.ly/3rxwjut
-@port_finance / bit.ly/3nppJV3