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Chiliz SRB

Learn how Chiliz staking rewards are calculated. CHZSRB formula covers per-block token emissions, block time, staker share allocation, and total staked tokens across all active validators.

CHZSRB is a benchmark representing the mean, annualized staking rate across all active Chiliz validators.

CHZSRB is calculated and published by Staking Rewards via the Chiliz Profile and Data API.

TL;DR: Chiliz staking rewards are derived from per-block token emissions annualized over a 3-second block time, with 65% of emissions allocated to validators and delegators, divided by total staked tokens. Validator-level rates are adjusted by individual commission.

CHZ Staking Rewards Rate: CHZSRB

CHZSRB=(bibpyss)/stCHZSRB = (bi * bpy * ss) / st
Formula Key
Metric Name
Description

bi

Block Inflation

The per-block token emission on the Chiliz Chain.

bpy

Blocks Per Year

The estimated number of blocks produced per year, calculated as 365 * 24 * 3600 / 3 (based on a 3-second block time).

ss

Staker Share

The portion of block emissions allocated to validators and delegators (65%). The remaining 35% is split between community pool (10%) and ecosystem fund (25%).

st

Staked Tokens

The total CHZ tokens delegated across all active validators.

  • CHZSRB is non-compounded, excluding returns from reinvestment of rewards.

  • Both claimed and unclaimed rewards are included.

  • The Chiliz Chain uses a Proof of Staked Authority (PoSA) consensus mechanism with 13 active validators and an epoch length of 28,800 blocks.

Slashing

  • Slashing is not implemented on the Chiliz Chain. The PoSA consensus mechanism uses validator rotation and jailing as enforcement mechanisms instead of token slashing.


CHZ Validator Staking Rewards Rate: CHZSRB(v)

Staking Rewards calculates the CHZSRB for each validator based on their individual commission rate.

CHZSRB(v)=CHZSRB(1c)CHZSRB(v) = CHZSRB * (1 - c)
Formula Key
Metric Name
Description

c

Commission

The fee imposed by the validator on delegator rewards. Commission rates range from 1% to 10% across the 13 active validators.


Observation Period:

  1. The CHZSRB is determined based on the latest block data at the point of evaluation.

  2. This data is then annualized for a comprehensive year-long projection.

Calculation

The calculation happens every 6 hours and is immediately published via Data API.

Limitations

  1. CHZSRB employs a 365-day convention for annualizing reward data. This convention remains consistent and does not accommodate adjustments for leap years.

  2. Commission rates across validators range from 1% to 10% and may change over time. CHZSRB(v) reflects the commission at the time of evaluation.

  3. Delegator count is not available on-chain and is therefore not tracked.


CHZ Real Reward Rate: CHZSRB^R

The real reward rate calculates the CHZSRB adjusted for inflation in the network.

CHZSRBR=1+CHZSRB/(1+ir)1CHZSRB^R = 1 + CHZSRB/(1+ir) -1
Formula Key
Metric Name
Description

ir

Inflation Rate

The annualized rate of new CHZ token emissions relative to total supply.

Inflation Rate Behavior

  • The Chiliz Chain inflation rate is determined by per-block token emissions. The annualized inflation is calculated as (blockInflation * blocksPerYear) / totalSupply, which is approximately 6.77%. Block emissions are fixed per block and are not dynamically adjusted based on staking participation, meaning inflation remains relatively stable as long as block time stays consistent.


Other Chiliz metrics calculated by Staking Rewards:

Metric
Description

Staked Tokens

The total number of CHZ tokens staked across all active validators.

Delegated Tokens

The number of CHZ tokens delegated to validators by delegators.

Active Validators

The number of validators actively participating in consensus (currently 13).

Benchmark Commission

The median commission rate across all active validators.

Staking Ratio

The percentage of circulating CHZ supply that is staked.


Data Sources:

  • Chiliz Chain 2.0 on-chain staking contract

  • Chiliz Chain API

  • CoinGecko for price and circulating supply


References:


📚 Learn more about CHZ Staking

📊 Calculate your CHZ Staking Rewards

⚙️ Access historic Chiliz Staking Data via API

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