🎱Passage SRB

Passage Staking Rewards Benchmark (PASGSRB™) Methodology

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 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

PASG Staking Rewards Rate: PASGSRB

PASGSRB = ATOMSRB

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)

PASG Real Reward Rate: PASGSRB^R

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

PASGSRB^R = ATOMSRB^R

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.