Sentinel SRB

Sentinel Staking Rewards Benchmark (DVPNSRB™) Methodology

DVPNSRB is a benchmark representing the mean, annualized staking rate across all active Sentinel validators.

DVPNSRB is calculated and published by Staking Rewards via the Sentinel 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.

DVPN Staking Rewards Rate: DVPNSRB

DVPNSRB = ATOMSRB

DVPN Validator Staking Rewards Rate: DVPNSRB(v)

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

DVPNSRB(v) = ATOMSRB(v)

DVPN Real Reward Rate: DVPNSRB^R

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

DVPNSRB^R = ATOMSRB^R

Inflation Rate Behavior

Sentinel inflation operates on a structured 6-month epoch system, with the inflation rate decreasing by 6% per epoch, similar to a halving mechanism. Starting with a 49% annual inflation at genesis, this rate continues to decrease until reaching a steady 13% annual inflation. Afterward, a per-block decay model will reduce inflation progressively toward zero, capping the supply at 48 billion tokens.

Other Sentinel 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 Sentinel Blocks and Blockchain RPC Endpoints.

References:

https://docs.sentinel.co/

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Last updated on 10/28/2024

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