㊙️Secret SRB

Secret Network Staking Rewards Benchmark (SCRTSRB™) Methodology

SCRTSRB is a benchmark representing the mean, annualized staking rate across all active Secret Network validators.

SCRTSRB is calculated and published by Staking Rewards via the Secret Network 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

SCRT Staking Rewards Rate: SCRTSRB

SCRTSRB = ATOMSRB

SCRT Validator Staking Rewards Rate: SCRTSRB(v)

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

SCRTSRB(v) = ATOMSRB(v)

SCRT Real Reward Rate: SCRTSRB^R

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

SCRTSRB^R = ATOMSRB^R

Inflation Rate Behavior

Secret Network's inflation parameters are designed to balance token supply and staking participation. The annual inflation rate for SCRT ranges between a minimum of 5% and a maximum of 10%, with an inflation rate change set at 13%. The network aims to have 67% of SCRT tokens bonded to maintain network security, with adjustments made over time to encourage this target.

Other Secret Network 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.