# 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="/pages/aKwZW2LPk4OF6A8oB6OI" %}
[Cosmos Hub SRB](/staking-data/methodologies/cosmos-ecosystem-srb/cosmos-hub-srb.md)
{% 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
```


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.stakingrewards.com/staking-data/methodologies/cosmos-ecosystem-srb/islamic-coin-srb.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.