Short description: Polkadex costs incurred for the last 3 months plus estimated for the next 6 months for the running of a high performance and reliable data indexing managed service by SubQuery.

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Original Motivation

Almost every blockchain has a need to process and query data, however everyone knows that a core weakness of blockchain data is that the processing and query performance is extremely inefficient. SubQuery is an open source platform that solves that.

Additionally, managing infrastructure can also be extremely challenging and many teams don't have the expertise or resource that is needed to deploy indexers to cloud providers and then run them at high availability so that they can be relied on for production use cases. SubQuery provides a hosted service with 99.9% reliability to remove this burden from teams,  so they can stay focused on building their dApps. 

Service Details 
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Polkadex Network is currently leveraging SubQuery’s enterprise-level managed service to provide reliable hosting for their SubQuery projects. This critical service provides production data to applications built by the Polkadex Network team and the 99.9% uptime reliability ensures a seamless experience for the core team and their ecosystem. 

SubQuery currently supports 2 SubQuery projects for Polkadex Network with 1 production deployment for each. Each project deployment requires an indexing service, a compute service, and database access run in a production environment and monitored constantly to ensure availability. These projects are run in a shared database full time to power Polkadex’s solochain-parachain connection.

Costings
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**Below is the combined running costs incurred for SubQuery’s infrastructure for Polkadex Network’s usage over the last 3 months. This covers 2 SubQuery project deployments running for 4,417 hours (June 26, 2023 - September 30, 2023).**
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For the duration of (June 26, 2023 - September 30, 2023), The total combined incurred cost is USD $1104.25 

Description

Price (USD)

Billable Units (hours)

Cost

Compute Unit Costs

US$0.25 / Compute Unit / Hr

4,417

US$1104.25

 

 

Subtotal

$1104.25

 

 

USD Total

$1104.25

Below is the estimate for SubQuery’s infrastructure for Polkadex Network’s expected usage in 6 months. This covers 2 SubQuery project deployments running for 4,392 hours (1st October 2023  until 31st March 2024).

If the Polkadex team test changes via the staging deployments or create more SubQuery projects, then the deployment hours will be higher and this payment will cover less than 6 months. 

For the duration of (1st October 2023  until 31st March 2024), The total combined running projected cost estimate is USD $2,196.00

Description

Price (USD)

Billable Units (hours)

Cost

Compute Unit Costs

US$0.25 / Compute Unit / Hr

8,784

US$2,196.00

 

 

Subtotal

$2,196.00

 

 

USD Total

$2,196.00

Adding the above, the overall proposal value is $1104.25 + $2196.00 = $3300.25 for the duration of June 26th, 2023 - 31st March 2024
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Report & Proposal: SubQuery Managed Service Solution for Polkadex

Treasury

Problem Statement:
- Polkadex Network and other blockchain projects face challenges with inefficient processing and query performance of blockchain data, as well as the difficulty of managing infrastructure for high availability.

Significance:
- SubQuery provides an open source platform and hosted service with 99.9% reliability to solve these challenges, allowing teams to focus on building their applications.

Proposed Solution:
- Polkadex Network is currently using SubQuery's managed service for reliable hosting of their SubQuery projects, which require indexing, compute, and database access in a production environment.

Expected Outcomes:
- The total cost for the last 3 months of running SubQuery's infrastructure for Polkadex Network is $1104.25.
- The projected cost estimate for the next 6 months is $2196.00, resulting in a total proposal value of $3300.25 for the period of June 26th, 2023 - March 31st, 2024.

Report & Proposal: SubQuery Managed Service Solution for Polkadex

No Active Proposals