Q2, 2021 Recap — Graphlinq Protocol

GraphLinq Chain
8 min readJul 8, 2021
GraphLinq Protocol Q2 2021 Progress Update

The 2nd quarter of this year just ended and here are highlights of everything that GraphLinq achieved in Q2 of 2021. Our motive has been to provide a seamless experience to all users of the platform, and hereby we are proud to share with you our progress update.

Major GraphLinq IDE Updates in Q2, 2021

IDE Update v1.0.6

In this update, we integrated new blocks to fetch data prices from Liquidity Provider tokens, and we will soon integrate more for lending / APY information over the different available protocols (such as Compound, Aave, etc.)

Also, we’ve added connectors and blocks to check pairs and live events from certain exchanges which enables you to create graphs for fetching, monitoring, analyzing & storing data from these exchanges available on Graphlinq IDE.

Our goal is to have the entire Crypto/DeFi ecosystem directly available on GraphLinq Protocol, so you can create your graph and customize it.

In the GLQ IDE UPDATE v.1.0.6, there were plenty of integrations for several Centralized Exchanges.

CEX added in this release:

(https://github.com/GraphLinq/GraphLinq.Exchange/commits/master)

CEX already available:

These integrations allow users to access various functionalities of The GraphLinq Protocol such as creating price bots, auto-swap features, limit orders, and much more.

IDE Update v1.0.7

-> Autosave feature

-> Some UI improvements

-> Bug fix (line deletion and stuff)

-> Better tooltip in the toolbox

-> Update the terminal version

IDE Update v1.0.8

-> Now cancel a link by clicking anywhere in the graph

-> The code has been reworked

-> You can now connect the IDE on the Polygon (Matic) Network

-> Some blocks now have an action button to help you to configure them

IDE Update v1.1.0

-> Project management system: You can now have multiple graph projects in the IDE

-> New LiveCoinWatch block, you will be able to fetch coin data from there (Volume, ATH, Rate, Supply)

-> Add a new API block, you are now able to create a complete API from the IDE, you can fetch POST data, add a cache system, etc.

-> UX improvements

-> Add more special action on blocks to help you to configure them more easily

IDE Update v.1.2.0

-> Improved Project Loading Speed.

-> Toolbox Loading Speed Improvement.

-> Node Blocks are now smaller. More readable fonts for input variables.

-> New useful shortcuts available. Hide string variables with “Secret String” in the IDE.

-> Integration of new “Santiment” API block.

-> Ropsten Testnet is now supported.

IDE Update v1.3.0:

-> Introducing the GraphLinq Lua Scripting Engine, allowing you to read any smart contract data from the Ethereum blockchain (EVM compatible chains in a future update)

-> New blocks for the Lua scripting is available on the IDE (Lua Block, JSON ABI Block, Smart Contract Reader Block)

-> GraphLinq Lua Scripting documentation: docs-lua.graphlinq.io

-> Minimap on the IDE that helps you organize your graph more easily

-> Engine optimization

  • Lua VM Integration

GraphLinq also announced the release of the Lua virtual machine on the GraphLinq network for scripting, offering even more freedom & flexibility while creating graphs.

Any developer can now create scripts in their personal graph to basically make any needed Arithmetic without having to need or ask for specific new blocks to the team, you can even call direct contract from-chain in your Lua script without having to make a connector: The Lua VM is connected on-chain and ready to make requests to receive blockchain data such as an Ethereum specific contract.

Read More: https://graphlinq.medium.com/announcing-lua-vms-integration-on-graphlinq-for-creating-endless-opportunities-468b0ac11db7

GLQ centralized exchange listings (Q2, 2021)

  1. Gate.io Listing

GraphLinq got listed on Gate.io, a top-tier cryptocurrency exchange with USDT & ETH trading pairs

Read More: https://www.gateio.rocks/pt/help/annlist/20080/Gate.io-Listing-Vote-104-GraphLinq-Protocol-GLQ-Voting-Result-Listing

2. MEXC Listing

GraphLinq got listed on MEXC, a top-tier cryptocurrency exchange with USDT and BTC pairs

Read More: https://support.mexc.com/hc/en-001/articles/360060000871-MXC-Will-List-Graphlinq-Protocol-GLQ-Launch-the-49th-Session-of-MX-DeFi-

3. Kucoin Listing

GraphLinq got listed on Kucoin, a top-tier cryptocurrency exchange with USDT and BTC pairs

Read more: https://www.kucoin.com/news/en-graphlinq-protocol-gets-listed-on-kucoin

Other exchanges: https://coinmarketcap.com/currencies/graphlinq-protocol/markets/

Partnerships (Q2, 2021)

  1. Partnership with Unicrypt

We Announced our partnership with Unicrypt. Unicrypt Network is a decentralized service provider with available cross-chains (on top of 4 blockchains as of now). They have 3 Dapps up and running ready to be empowered with this collaboration. As GraphLinq is made to automate and simplify blockchain-oriented tasks we decided to take it one step further by creating a whole API exposing their data needs from the live blockchain feed. Read More: https://graphlinq.medium.com/graphlinq-api-analytics-interface-and-further-advancement-over-partnerships-bafb50bb1512

2. Partnership with Polygon

As part of our development progress, we decided to take the road of a layer 2 solution to avoid our gas fees issues. We are excited to announce our partnership with Polygon Chain (Previously known as Matic).

GraphLinq Protocol will host its layer two solutions over the Polygon chain to optimize the efficiency of execution costs & the average time of transactions per second: Polygon block time is 2 seconds and the average transaction fee is $0.00004 which is exactly what we need to run our service efficiently.

We will also integrate the Polygon chain into our Engine and our IDE to create connectors, events, and live information from the chain activity to expand our audience and possibilities!

3. Partnership with smartdex

A new and incredible project for decentralized trading just came out on the Polygon chain known as smartdex, powered by Autonio. They are rethinking the way of making DEX trades and farming/staking pools on AMM protocols.

We now have our own GLQ token over the Matic chain, so we want to give the possibility to our community to profit from their activities and be able to trade on smartdex.

As part of our partnership, GraphLinq hosted a farming pool with rewards on swap.smartdex.app/#/farm

4. Partnership with Elrond

We are honored to announce that GraphLinq partnered up with Elrond for integration on the Engine, IDE, App & Analytics.

As of right now, you can go to the GraphLinq IDE to experiment with the Elrond components and create your first smart workflow. For example, you could set up a flow that sends a telegram notification every time you receive a transaction in Maiar. GraphLinq will launch more blocks, and pre-made templates for Elrond next week.

Live Integrations For Elrond On GraphLinq:

-> Connector for Elrond Chain

-> Block for watching current balance on any Elrond wallet address

-> Get HyperBlock, Get Tx & Get Tx Status

Get started: https://ide.graphlinq.io

As the ecosystem of Elrond grows, GraphLinq will continue to add more integrations onto their nocode ecosystem.

Check out the upcoming integrations on GraphLinq for Elrond’s components and other information: https://elrond.com/blog/nocode-elrond-workflow-automation-graphlinq/

Read more: https://graphlinq.medium.com/graphlinq-elrond-network-announces-partnership-for-integrations-on-engine-ide-app-analytics-84d196f7122d

Other Major Updates (Q2, 2021)

  • Auto-Swap Announcement

The Uniswap protocol empowers developers, liquidity providers, and traders to participate in a decentralized financial marketplace that is open and accessible to all. After this powerful integration, users on GraphLinq will be able to automate swaps/trades on Uniswap based on events triggered off-chain or on-chain.

Example 1: Link Uniswap’s Auto-Swap connector with an off-chain block (like Coingecko or LiveCoinWatch) to make a trade on Uniswap when a certain price of your preferrable asset is met. The only thing you need to make sure of is that you have enough ETH on Uniswap for paying gas fees.

Example 2: Link Uniswap’s Auto-Swap connector with on-chain blocks (like Ethereum & BSC). You can set an auto-swap for functions like, if ETH fees drop by x% in ’n’ time, place a buy order on ETH/or any other ERC20 token on Uniswap. We believe this example has a huge potential in opening up the endless possibilities with no-code automation on Ethereum’s Blockchain.

The initial Uniswap integration is the first stepping stone for GraphLinq on the path of providing a seamless DeFi provisioning scheme for enterprise developers, traders, defi enthusiasts, system integrators, and much more.

  • GraphLinq Analytics Platform Launch

New Analytics beta platform launch, made using our nocode IDE. This shows a powerful real-life use case of GraphLinq Protocol. Now track #GLQ Price, ATH, Holders, Volume, Market Cap, Supply, Latest Trades & many more data visually!

Support was added for Unicrypt already, and will now be added for Polygon & Elrond very soon!

  • GLQ Vesting and Unlock Schedule

During our ILO and private sale, which was historic for Graphlinq, we sold 50% of GLQ’s total supply. Which equates to 250 million GLQ. 73 million of the remaining 250 million GLQ supply was used via Unicrypt Protocol to initialize the GLQ-WETH pool on UniSwap. The remaining GLQ tokens were locked and vested according to the announced schedule: https://graphlinq.medium.com/announcing-glq-vesting-unlock-schedule-over-unicrypt-52f292133612

  • Buy GLQ with Fiat on app.graphlinq.io via Transak

GLQ can now be bought with 40+ currencies and 70+ countries.

  • Automation of trades on Binance and MEXC via GraphLinq

GraphLinq has enabled trading access over the leading centralized exchanges for cryptocurrencies: This enables connecting logical blocks with your Binance, and MEXC account for making limit SPOT Buy & Sell trade orders from any listed market pair.

You can now also create a trading bot on one of the supported CEX (we will integrate more CEXs with time) over your running graphs based on an on-chain activity: you just need to connect whatever you need based on your preferable triggers, conditions, and use the trade blocks to trigger your order.

Here is a list of a bunch of basics templates we’ve added for you to play with trades from centralized exchanges (Binance & MXC):

Read More: https://graphlinq.medium.com/now-automate-trades-on-binance-mxc-via-graphlinq-using-new-featured-blocks-engine-advancements-5517e8a43552

  • GLQ Staking on GraphLinq

We at GraphLinq, are excited to finally announce the much-awaited GLQ staking launch on the GraphLinq App, incentivizing the holders of GLQ to earn passive rewards. Upon staking, GLQ holders can earn as much as 15% APY in rewards depending on the unique tier mechanism aimed at incentivizing long-term holders.

Staking Announcement Featured on NewsBTC, Yahoo Finance, News.Bitcoin.com | Read More: https://graphlinq.medium.com/glq-staking-is-now-live-on-graphlinq-app-663d02741d00

With the start of Q3, we have a lot of exciting things coming up from more integrations for our existing partners and new partnerships to the launch of our own marketplace and more exchange listings for GLQ. Stay tuned!

To stay updated,

Join Our Telegram: https://t.me/graphlinq

Follow Us On Twitter: https://twitter.com/graphlinq_proto

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GraphLinq Chain

GraphLinq enables anything & everything crypto/defi oriented to be built without having to code. Build on our IDE now: app.graphlinq.io | GLQChain now live