🦋Onomy SRB
Learn how Onomy Protocol staking rewards are calculated. NOMSRB uses the Cosmos SDK formula with annual provisions, fees, community tax, and staked NOM.
NOMSRB is a benchmark representing the mean, annualized staking rate across all active Onomy Protocol validators.
NOMSRB is calculated and published by Staking Rewards via the Onomy Protocol Profile and Data API.
⚛️Cosmos Hub SRBTL;DR: Onomy Protocol staking rewards follow the Cosmos SDK formula (ATOMSRB): annual provisions plus annualized fees, minus community tax, divided by total staked NOM tokens. Validator-level rates factor in performance and commission.
NOM Staking Rewards Rate: NOMSRB
NOM Validator Staking Rewards Rate: NOMSRB(v)
Staking Rewards calculates the NOMSRB for each validator based on their individual performance and commission rate.
NOM Real Reward Rate: NOMSRB^R
The real reward rate calculates the NOMSRB adjusted for inflation in the network.
Inflation Rate Behavior
The target NOM inflation is between 7-20%, being at the lower end of the range when most NOM is staked and the higher end of the range when less NOM is staked. Inflation is offset by various sinks in the Onomy Ecosystem - one in particular being the Buy & Burn from exchange fees as detailed in this documentation.
Other Onomy Protocol metrics calculated by Staking Rewards
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:
Staking Rewards from indexed Onomy Protocol Blocks and Blockchain RPC Endpoints.
References:
📚 Learn more about NOM Staking
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