# cheqd SRB

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

> **TL;DR:** cheqd staking rewards follow the Cosmos SDK formula (ATOMSRB): annual provisions plus annualized fees, minus community tax, divided by total staked CHEQ 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="cosmos-hub-srb" %}
[cosmos-hub-srb](https://docs.stakingrewards.com/staking-data/methodologies/cosmos-ecosystem-srb/cosmos-hub-srb)
{% endcontent-ref %}

### CHEQ Staking Rewards Rate: CHEQSRB

$$
CHEQSRB = ATOMSRB
$$

{% 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 %}

***

### CHEQ Validator Staking Rewards Rate: CHEQSRB(v)

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

$$
CHEQSRB(v) = ATOMSRB(v)
$$

{% 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 %}

***

### CHEQ Real Reward Rate: CHEQSRB^R

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

$$
CHEQSRB^R = ATOMSRB^R
$$

{% 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 %}

**Inflation Rate Behavior**

* cheqd inflation introduces block rewards which are independent of transaction and hence gas fees. By modelling rewards against transaction volume and using a number of reference points cheqd established that inflation\_max should be <4% to achieve any meaningful incentives through transaction volumes. The all-time low transaction volumes are used to identify inflation\_min as 1% to maintain sufficient rewards at low volumes.

***

### Other cheqd metrics calculated by Staking Rewards

<table><thead><tr><th width="188">Metric</th><th>Description</th></tr></thead><tbody><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 cheqd Blocks and Blockchain RPC Endpoints.

***

#### References:

* <https://docs.cheqd.io/product>

***

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

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

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

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Last updated on 09/10/2024
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