> For the complete documentation index, see [llms.txt](https://docs.stakingrewards.com/staking-data/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.stakingrewards.com/staking-data/methodologies/cosmos-ecosystem-srb/saga-srb.md).

# 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)

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Last updated on 10/22/2024
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