🔲Saga SRB

Saga Staking Rewards Benchmark (SAGASRB™) Methodology

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 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

SAGA Staking Rewards Rate: SAGASRB

$$SAGASRB = (ti*ts + df * t_y) * (1 - ct) / st$$

Formula Key	Metric Name	Description
ti	Token Inflation	The annual inflation rate.
ts	Total Supply	The total supply of tokens.
df	Daily Fees	The total number of tokens paid as transaction fees.
ct	Community Tax	Community Tax is the percentage of inflation rewards and fees that are sent to the community pool at each block.
st	Staked Tokens	The total number of tokens bonded with active, non-jailed validators.
$t_y$	Year Constant	365d

---

SAGA Validator Staking Rewards Rate: SAGASRB(v)

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

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

Cosmos Hub SRB | Staking Data

ATOM Validator Staking Rewards Rate

---

SAGA Real Reward Rate: SAGASRB^R

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

$$SAGASRB^R = ATOMSRB^R$$

Cosmos Hub SRB | Staking Data

ATOM Real Reward Rate

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

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 Saga Blocks and Blockchain RPC Endpoints

---

References:

• https://docs.saga.xyz/

---

📚 Learn more about SAGA Staking

📊 Calculate your SAGA Staking Rewards

⚙️ Get the latest Saga Staking Data API for Free

Last updated on 10/22/2024