Indexing data in web3 is becoming a crucial component of web3 architecture, transcending its original purpose as a plumbing layer. This evolution has led to the development of strategic coordination layers that dynamically interpret blockchain data, turning raw operational information into a sophisticated map for strategic decision-making.
The Graph's Lodestar dashboard showcases this transformation by delivering live network data in an easily digestible format. Users can access various metrics, including total staked GRT and indexer performance, without requiring developer skills or API keys.
This shift towards indexing as a strategic layer is yielding valuable insights in DeFi, governance, and risk management. Data indexers are creating dashboards that empower web3 users to leverage onchain alpha, making it easier to track liquidity, delegate activity, and borrower positions.