# BitSong SRB

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](https://www.stakingrewards.com/asset/bitsong) and [Data API](https://www.stakingrewards.com/data-api).

> **TL;DR:** BitSong staking rewards follow the Cosmos SDK formula (ATOMSRB): annual provisions plus annualized fees, minus community tax, divided by total staked BTSG tokens. Validator-level rates factor in performance and commission.

{% hint style="info" %}
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](https://docs.stakingrewards.com/staking-data/methodologies/cosmos-hub-srb).
{% endhint %}

{% content-ref url="/pages/aKwZW2LPk4OF6A8oB6OI" %}
[Cosmos Hub SRB](/staking-data/methodologies/cosmos-ecosystem-srb/cosmos-hub-srb.md)
{% endcontent-ref %}

### BTSG Staking Rewards Rate: BTSGSRB

$$
BTSGSRB = ATOMSRB
$$

{% embed url="<https://docs.stakingrewards.com/staking-data/methodologies/cosmos-ecosystem-srb/cosmos-hub-srb#atom-staking-rewards-rate-atomsrb>" %}
ATOM Staking Rewards Rate
{% endembed %}

***

### BTSG Validator Staking Rewards Rate: BTSGSRB(v)

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

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

{% embed url="<https://docs.stakingrewards.com/staking-data/methodologies/cosmos-ecosystem-srb/cosmos-hub-srb#atom-validator-staking-rewards-rate-atomsrb-v>" %}
ATOM Validator Staking Rewards Rate
{% endembed %}

***

### BTSG Real Reward Rate: BTSGSRB^R

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

$$
BTSGSRB^R = ATOMSRB^R
$$

{% embed url="<https://docs.stakingrewards.com/staking-data/methodologies/cosmos-ecosystem-srb/cosmos-hub-srb#atom-real-reward-rate-atomsrb-r>" %}
ATOM Real Reward Rate
{% endembed %}

***

### Other BitSong metrics calculated by Staking Rewards

<table><thead><tr><th width="188">Metric</th><th>Description</th></tr></thead><tbody><tr><td>Fee Revenue</td><td>The Fee Revenue reflects the annualized transaction fees, derived from the fees accumulated within the last 24 hours, evaluated at the prevailing USD rate.</td></tr><tr><td>Delegated Tokens</td><td>The number of tokens delegated to validators.</td></tr><tr><td>Self Staked Tokens</td><td>The number of tokens staked by validators directly.</td></tr><tr><td>Staking Wallets</td><td>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.</td></tr></tbody></table>

***

#### Data Sources:

* [Staking Rewards](https://www.stakingrewards.com/) from indexed BitSong Blocks and Blockchain RPC Endpoints

***

#### References:

* <https://docs.bitsong.io/>

***

:books:[ Learn more about BTSG Staking](https://www.stakingrewards.com/asset/bitsong)

:bar\_chart: [Calculate your BTSG Staking Rewards](https://www.stakingrewards.com/calculator?asset=bitsong)

⚙️ [Access historic BitSong Staking Data via API](https://www.stakingrewards.com/data-api)

```
Last updated on 09/02/2024
```


---

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