# Saga SRB

SAGASRB is a benchmark representing the mean, annualized staking rate across all active Saga validators.

SAGASRB is calculated and published by Staking Rewards via the [Saga Profile](https://www.stakingrewards.com/asset/saga-2) and [Data API](https://www.stakingrewards.com/data-api).

> **TL;DR:** Saga staking rewards follow the Cosmos SDK formula (ATOMSRB): annual provisions plus annualized fees, minus community tax, divided by total staked SAGA 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 %}

### SAGA Staking Rewards Rate: SAGASRB

$$
SAGASRB = (ti\*ts + df \* t\_y) \* (1 - ct) / st
$$

<table><thead><tr><th width="145">Formula Key</th><th width="169">Metric Name</th><th>Description</th></tr></thead><tbody><tr><td>ti</td><td>Token Inflation</td><td>The annual inflation rate.</td></tr><tr><td>ts</td><td>Total Supply</td><td>The total supply of tokens.</td></tr><tr><td>df</td><td>Daily Fees</td><td>The total number of tokens paid as transaction fees.</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><tr><td>st</td><td>Staked Tokens</td><td>The total number of tokens bonded with active, non-jailed validators.</td></tr><tr><td><span class="math">t_y</span></td><td>Year Constant</td><td>365d</td></tr></tbody></table>

***

### SAGA Validator Staking Rewards Rate: SAGASRB(v)

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

$$
SAGASRB(v) = ATOMSRB(v)
$$

{% 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 %}

***

### SAGA Real Reward Rate: SAGASRB^R

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

$$
SAGASRB^R = ATOMSRB^R
$$

{% 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**

* To ensure sufficient economic security for the system, Saga employs a staking inflation schedule very similar to that of the Cosmos Hub. The network targets a specific stake rate by varying the inflation rate. The annual inflation is capped between minimum and maximum rates. If more than ⅔ of SAGA is staked, the block rewards decrease gradually down to a floor of a minimum rate of annualized inflation. If less than ⅔ of SAGA is staked, the block rewards increase gradually up to a ceiling of a maximum annualized inflation.

***

### Other Saga 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 Saga Blocks and Blockchain RPC Endpoints

***

#### References:

* <https://docs.saga.xyz/>

***

:books:[ Learn more about SAGA Staking](https://www.stakingrewards.com/asset/saga-2)

:bar\_chart: [Calculate your SAGA Staking Rewards](https://www.stakingrewards.com/asset/saga-2/calculator)

⚙️ [Access historic Saga Staking Data via API](https://www.stakingrewards.com/data-api)

```
Last updated on 10/22/2024
```


---

# 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/saga-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.
