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🍊cheqd SRB

Learn how cheqd staking rewards are calculated. CHEQSRB uses the Cosmos SDK formula with annual provisions, community tax, and staked CHEQ tokens; fees are largely burned on cheqd.

CHEQSRB is a benchmark representing the mean, annualized staking rate across all active cheqd validators.

CHEQSRB is calculated and published by Staking Rewards via the cheqd Profile and Data API.

TL;DR: cheqd staking rewards follow the Cosmos SDK formula (ATOMSRB): annual provisions, minus community tax, divided by total staked CHEQ tokens. The annualized-fee term of ATOMSRB is currently taken as 0 for cheqd, because cheqd burns its base transaction fees and 99% of its identity fees, leaving a negligible fee inflow to stakers (see Inflation Rate Behavior). 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

CHEQ Staking Rewards Rate: CHEQSRB

CHEQSRB=ATOMSRBCHEQSRB = ATOMSRB
LogoCosmos Hub SRB | Staking Datadocs.stakingrewards.com
ATOM Staking Rewards Rate

CHEQ Validator Staking Rewards Rate: CHEQSRB(v)

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

CHEQSRB(v)=ATOMSRB(v)CHEQSRB(v) = ATOMSRB(v)
LogoCosmos Hub SRB | Staking Datadocs.stakingrewards.com
ATOM Validator Staking Rewards Rate

CHEQ Real Reward Rate: CHEQSRB^R

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

CHEQSRBR=ATOMSRBRCHEQSRB^R = ATOMSRB^R
LogoCosmos Hub SRB | Staking Datadocs.stakingrewards.com
ATOM Real Reward Rate

Inflation Rate Behavior

  • cheqd uses the standard Cosmos SDK mint module. The annual inflation rate moves between inflation_min and inflation_max by up to inflation_rate_change (0.1% per year) toward the 60% goal_bonded ratio: it rises while the bonded ratio is below the goal and falls while it is above.

  • The inflation bounds are 1% (inflation_min) to 2% (inflation_max). Governance proposal 68, passed on 10/01/2025, lowered inflation_max from the original 4% to 2% and kept inflation_min at 1%.

  • With roughly 36% of supply bonded against the 60% goal, inflation currently sits at the 2% cap. Annual provisions therefore equal about 2% of total supply.

  • Staking Rewards reads the mint parameters, annual provisions and community tax from the chain on every run, so a governance change to the bounds is reflected automatically.

  • Fee handling:

    • Base transaction fees are set by the fee market module and are burned rather than distributed to the fee collector.

    • Identity-transaction fees (creating, updating or deactivating a DID, and creating a resource) are priced in USD and converted to CHEQ with the on-chain price oracle. 99% of each identity fee is burned (burn_factor = 0.99), and 1% goes to the fee collector and is distributed to stakers.

    • The resulting fee inflow to stakers is below 0.1% of block rewards, so the fee term of CHEQSRB is currently taken as 0.

  • Burns reduce net supply growth but do not enter CHEQSRB. The published inflation rate reflects gross issuance from the mint module.

Other cheqd metrics calculated by Staking Rewards

Metric
Description

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 number of unique delegator addresses with at least one delegation on-chain. An address delegating to several validators is counted once. It excludes considerations of any minimum delegation thresholds.

Data Sources:

References:

📚 Learn more about CHEQ Staking

📊 Calculate your CHEQ Staking Rewards

⚙️ Access historic cheqd Staking Data via API

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