🎵BitSong SRB

Learn how BitSong staking rewards are calculated. BTSGSRB uses the Cosmos SDK formula with annual provisions, fees, community tax, and staked BTSG tokens.

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 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.

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

$$BTSGSRB = ATOMSRB$$

Cosmos Hub SRB | Staking Datadocs.stakingrewards.com

ATOM Staking Rewards Rate

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BTSG Validator Staking Rewards Rate: BTSGSRB(v)

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

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

Cosmos Hub SRB | Staking Datadocs.stakingrewards.com

ATOM Validator Staking Rewards Rate

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BTSG Real Reward Rate: BTSGSRB^R

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

$$BTSGSRB^R = ATOMSRB^R$$

Cosmos Hub SRB | Staking Datadocs.stakingrewards.com

ATOM Real Reward Rate

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Other BitSong metrics calculated by Staking Rewards

Metric	Description
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.

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Data Sources:

• Staking Rewards from indexed BitSong Blocks and Blockchain RPC Endpoints

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References:

• https://docs.bitsong.io/

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📚 Learn more about BTSG Staking

📊 Calculate your BTSG Staking Rewards

⚙️ Access historic BitSong Staking Data via API

Last updated on 09/02/2024