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Update arbitrum faq (#755)
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* updated answers to reflect current status
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idalithb authored Sep 3, 2024
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Expand Up @@ -4,17 +4,17 @@ title: Arbitrum FAQ

Click [here](#billing-on-arbitrum-faqs) if you would like to skip to the Arbitrum Billing FAQs.

## Why is The Graph implementing an L2 Solution?
## Why did The Graph implement an L2 Solution?

By scaling The Graph on L2, network participants can expect:
By scaling The Graph on L2, network participants can now benefit from:

- Upwards of 26x savings on gas fees

- Faster transaction speed

- Security inherited from Ethereum

Scaling the protocol smart contracts onto L2 allows network participants to interact more frequently at a reduced cost in gas fees. For example, Indexers could open and close allocations to index a greater number of subgraphs with greater 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–actions previously considered too cost-prohibitive to perform frequently due to gas.
Scaling the protocol smart contracts onto L2 allows network participants to interact more frequently at a reduced cost in gas fees. For example, Indexers can open and close allocations more frequently to index a greater number of subgraphs. Developers can deploy and update subgraphs more easily, and Delegators can delegate GRT more frequently. Curators can add or remove signal to a larger number of subgraphs–actions previously considered too cost-prohibitive to perform frequently due to gas.

The Graph community decided to move forward with Arbitrum last year after the outcome of the [GIP-0031](https://forum.thegraph.com/t/gip-0031-arbitrum-grt-bridge/3305) discussion.

Expand All @@ -40,27 +40,21 @@ To take advantage of using The Graph on L2, use this dropdown switcher to toggle

## As a subgraph developer, data consumer, Indexer, Curator, or Delegator, what do I need to do now?

There is no immediate action required, however, network participants are encouraged to begin moving to Arbitrum to take advantage of the benefits of L2.
Network participants must move to Arbitrum to continue participating in The Graph Network. Please refer to [L2 Transfer Tool Guide](/arbitrum/l2-transfer-tools-guide/) for additional support.

Core developer teams are working to create L2 transfer tools that will make it significantly easier to move delegation, curation, and subgraphs to Arbitrum. Network participants can expect L2 transfer tools to be available by summer of 2023.
All indexing rewards are now entirely on Arbitrum.

As of April 10th, 2023, 5% of all indexing rewards are being minted on Arbitrum. As network participation increases, and as the Council approves it, indexing rewards will gradually shift from Ethereum to Arbitrum, eventually moving entirely to Arbitrum.

## If I would like to participate in the network on L2, what should I do?

Please help [test the network](https://testnet.thegraph.com/explorer) on L2 and report feedback about your experience in [Discord](https://discord.gg/graphprotocol).

## Are there any risks associated with scaling the network to L2?
## Were there any risks associated with scaling the network to L2?

All smart contracts have been thoroughly [audited](https://github.com/graphprotocol/contracts/blob/main/packages/contracts/audits/OpenZeppelin/2022-07-graph-arbitrum-bridge-audit.pdf).

Everything has been tested thoroughly, and a contingency plan is in place to ensure a safe and seamless transition. Details can be found [here](https://forum.thegraph.com/t/gip-0037-the-graph-arbitrum-deployment-with-linear-rewards-minted-in-l2/3551#risks-and-security-considerations-20).

## Will existing subgraphs on Ethereum continue to work?
## Are existing subgraphs on Ethereum working?

Yes, The Graph Network contracts will operate in parallel on both Ethereum and Arbitrum until moving fully to Arbitrum at a later date.
All subgraphs are now on Arbitrum. Please refer to [L2 Transfer Tool Guide](/arbitrum/l2-transfer-tools-guide/) to ensure your subgraphs operate seamlessly.

## Will GRT have a new smart contract deployed on Arbitrum?
## Does GRT have a new smart contract deployed on Arbitrum?

Yes, GRT has an additional [smart contract on Arbitrum](https://arbiscan.io/address/0x9623063377ad1b27544c965ccd7342f7ea7e88c7). However, the Ethereum mainnet [GRT contract](https://etherscan.io/token/0xc944e90c64b2c07662a292be6244bdf05cda44a7) will remain operational.

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