# Islamic Coin SRB

ISLMSRB is a benchmark representing the mean, annualized staking rate across all active Islamic Coin validators.

ISLMSRB is calculated and published by Staking Rewards via the [Islamic Coin Profile](https://www.stakingrewards.com/asset/islamic-coin) and [Data API](https://www.stakingrewards.com/data-api).

> **TL;DR:** Islamic Coin staking rewards follow the Cosmos SDK formula (ATOMSRB): annual provisions plus annualized fees, minus community tax, divided by total staked ISLM 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 %}

### ISLM Staking Rewards Rate: ISLMSRB

$$
ISLMSRB = rc /100 \*(1-ct)
$$

<table><thead><tr><th width="145">Formula Key</th><th width="176">Metric Name</th><th>Description</th></tr></thead><tbody><tr><td>rc</td><td>Reward Coefficient</td><td>It defines the coefficient used to calculate the inflation.</td></tr><tr><td>ct</td><td>Community Tax</td><td>Community Tax is the percentage of inflation rewards and fees that are sent to the community pool at each block.</td></tr></tbody></table>

***

### ISLM Validator Staking Rewards Rate: ISLMSRB(v)

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

$$
ISLMSRB(v) = ATOMSRB(v)
$$

{% 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 %}

***

### ISLM Real Reward Rate: ISLMSRB^R

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

$$
ISLMSRB^R = ATOMSRB^R
$$

{% 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**

* ISLM supply is limited to 100 billion coins. Inflation is calculated as a percentage of total bonded coins which is a parameter Reward Coefficient controlled by governance and is initially set to 7.78% (i.e. expected to generate \~7% yield for staked ISLM).

***

### Other Islamic Coin 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 Islamic Coin Blocks and Blockchain RPC Endpoints.

***

#### References:

* <https://docs.haqq.network/>

***

:books:[ Learn more about ISLM Staking](https://www.stakingrewards.com/asset/islamic-coin)

:bar\_chart: [Calculate your ISLM Staking Rewards](https://www.stakingrewards.com/calculator?asset=islamic-coin)

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

```
Last updated on 10/07/2024
```