🕌Islamic Coin SRB

Islamic Coin Staking Rewards Benchmark (ISLMSRB™) Methodology

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 and Staking Data API.

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

ISLM Staking Rewards Rate: ISLMSRB

ISLMSRB = rc /100 *(1-ct)

Formula Key

Metric Name

Description

Reward Coefficient

It defines the coefficient used to calculate the inflation.

Community Tax

Community Tax is the percentage of inflation rewards and fees that are sent to the community pool at each block.

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)

ISLM Real Reward Rate: ISLMSRB^R

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

ISLMSRB^R = ATOMSRB^R

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

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 total quantity of distinct delegations made. It doesn't distinguish based on unique delegator addresses and excludes considerations of any minimum delegation thresholds.