🎱Passage SRB

Learn how Passage staking rewards are calculated. PASGSRB uses the Cosmos SDK formula with annual provisions, fees, community tax, and staked PASG tokens.

PASGSRB is a benchmark representing the mean, annualized staking rate across all active Passage validators.

PASGSRB is calculated and published by Staking Rewards via the Passage Profile and Data API.

TL;DR: Passage staking rewards follow the Cosmos SDK formula (ATOMSRB): annual provisions plus annualized fees, minus community tax, divided by total staked PASG tokens. Validator-level rates factor in performance and commission.

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

PASG Staking Rewards Rate: PASGSRB

$$PASGSRB = ATOMSRB$$

Cosmos Hub SRB | Staking Datadocs.stakingrewards.com

ATOM Staking Rewards Rate

---

PASG Validator Staking Rewards Rate: PASGSRB(v)

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

$$PASGSRB(v) = ATOMSRB(v)$$

Cosmos Hub SRB | Staking Datadocs.stakingrewards.com

ATOM Validator Staking Rewards Rate

---

PASG Real Reward Rate: PASGSRB^R

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

$$PASGSRB^R = ATOMSRB^R$$

Cosmos Hub SRB | Staking Datadocs.stakingrewards.com

ATOM Real Reward Rate

Inflation Rate Behavior

• PASG inflation began September 8, 2023 following a governance vote setting the minimum inflation parameter to 8% and maximum inflation parameter to 10%. Inflation rewards will be reviewed and updated every quarter to cross-verify and match with the inflation specified in the tokenomics.

---

Other Passage 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.

---

Data Sources:

• Staking Rewards from indexed Passage Blocks and Blockchain RPC Endpoints.

---

References:

• https://www.passage.io/whitepaper

---

📚 Learn more about PASG Staking

📊 Calculate your PASG Staking Rewards

⚙️ Access historic Passage Staking Data via API

Last updated on 10/07/2024