㊙️Secret SRB
Learn how Secret Network staking rewards are calculated. SCRTSRB uses the Cosmos SDK formula with annual provisions, fees, community tax, and staked SCRT.
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 Data API.
⚛️Cosmos Hub SRBTL;DR: Secret Network staking rewards follow the Cosmos SDK formula (ATOMSRB): annual provisions plus annualized fees, minus community tax, divided by total staked SCRT tokens. Validator-level rates factor in performance and commission.
SCRT Staking Rewards Rate: SCRTSRB
SCRT Validator Staking Rewards Rate: SCRTSRB(v)
Staking Rewards calculates the SCRTSRB for each validator based on their individual performance and commission rate.
SCRT Real Reward Rate: SCRTSRB^R
The real reward rate calculates the SCRTSRB adjusted for inflation in the network.
Inflation Rate Behavior
Since the
v1.26.0-community-continuanceupgrade, SCRT inflation is fixed at 5% per year. The upgrade was approved by the Secret Network L1 continuance proposal (governance proposal 365) and applied on 08/21/2026 at block height 26,790,327. It pinned the mint module parameters toinflation_min=inflation_max= 5% withinflation_rate_change= 0, so inflation no longer adjusts toward the 67% bonded-ratio target (goal_bondedis retained but has no effect).The same upgrade performed a one-time mint of approximately 1,079 million SCRT into eight allocation buckets, about 770 million of which are held in vesting accounts, and set
secret_foundation_taxto 0. The community tax is also 0, so the full block provision is distributed to stakers.Annual provisions are therefore 5% of total supply, adjusted by the actual versus expected block time as described in ATOMSRB. Staking Rewards publishes the Inflation Rate as these annual provisions divided by the circulating supply. Because most of the one-time mint is vesting and not yet circulating, the published Inflation Rate is higher than the 5% protocol rate.
Other Secret Network metrics calculated by Staking Rewards
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 number of unique delegator addresses with at least one delegation on-chain. An address delegating to several validators is counted once. It excludes considerations of any minimum delegation thresholds.
Data Sources:
Staking Rewards from indexed Secret Network Blocks and Blockchain RPC Endpoints.
References:
📚 Learn more about SCRT Staking
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