🎵BitSong SRB

BitSong Staking Rewards Benchmark (BTSGSRB™) Methodology

BTSGSRB is a benchmark representing the mean, annualized staking rate across all active BitSong validators.

BTSGSRB is calculated and published by Staking Rewards via the BitSong Profile and Staking Data API.

The calculations are derived from the ATOMSRB documentation, serving as the foundational reference to ensure the accuracy of relevant metrics.

For more information visit the ATOMSRB docs.

⚛️Cosmos Hub SRB

BTSG Staking Rewards Rate: BTSGSRB

BTSGSRB=ATOMSRBBTSGSRB = ATOMSRB

BTSG Validator Staking Rewards Rate: BTSGSRB(v)

Staking Rewards calculates the BTSGSRB for each validator based on their individual performance and commission rate.

BTSGSRB(v)=ATOMSRB(v)BTSGSRB(v) = ATOMSRB(v)

BTSG Real Reward Rate: BTSGSRB^R

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

BTSGSRBR=ATOMSRBRBTSGSRB^R = ATOMSRB^R

Other BitSong metrics calculated by Staking Rewards

MetricDescription

Fee Revenue

The Fee Revenue reflects the annualized transaction fees, derived from the fees accumulated within the last 24 hours, evaluated at the prevailing USD rate.

Delegated Tokens

The number of tokens delegated to validators.

Self Staked Tokens

The number of tokens staked by validators directly.

Staking Wallets

This metric refers to the total quantity of distinct delegations made. It doesn't distinguish based on unique delegator addresses and excludes considerations of any minimum delegation thresholds.


Data Sources:


References:


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Last updated on 09/02/2024

Last updated