https://polkadot.subsquare.io/referenda/1447

• Subsquid Labs is asking for $264,838.09 to help with the costs of running data archives for Polkadot and Kusama.
• Archives provide important historical data for different projects in the Polkadot ecosystem, allowing them to access and explore on-chain data.
• In Q2 2024, there was a huge increase in the demand for archival data, going from 110.6 GiB to about 3,095.17 GiB.
• They launched the SQD mainnet, which helps make the Polkadot network more decentralized and secure.
• Subsquid Labs improved their tools for developers, like adding new features for data queries and access control.
• During Q2 2024, they served a large amount of data, cutting across different public chains while handling many archive requests.
• The team upgraded their Cloud API to better support Polkadot's growth and make it easier for developers to build applications.