🦙Curve SRB
CRV Staking Rewards Rate (CRVSRR™) Methodology
CRVSRR is a benchmark that represents the annualized staking rate for the CRV token.
CRVSRR is calculated and published by Staking Rewards via the Curve DAO Profile and Staking Data API.
| Formula key | Metric name | Description |
|---|---|---|
d | Duration | Stakers who lock their CRV tokens for longer periods of time receive rewards calculated in proportion to their locking duration, incentivizing them to hold their assets for extended periods. |
f | Fee Portion | Stakers benefit from a portion of the daily trading volume on curve.fi. |
t | Year Constant | 365d |
st | Staked Tokens | |
p | Price | USD Price of the CRV token. |
Observation Period:
The CRVSRR is determined based on the latest generated block at the point of evaluation.
This data is then annualized for a comprehensive year-long projection.
Calculation
The calculation happens every 2 hours and is immediately published via Staking Data API.
Real Reward Rate (CRVSRR^R)
The real reward rate calculates the CRVSRR adjusted for inflation in the network.
| Formula key | Metric name | Description |
|---|---|---|
i | Inflation Rate | The inflation is determined by several vesting schedules, and is aimed at about 2M CRV per day. The current inflation is obtained by calling rate() and applying the following formula: (365 * 86400 * rate / ) * Circulating Supply |
Inflation Rate Behaviour
The inflation is also subject to change with possible governance decisions.
Other CRV metrics calculated by Staking Rewards:
| Metric | Description |
|---|---|
Rewards Per Year | The Rewards Per Year refers to the amount of rewards given to delegates in USD on an annual basis. |
Annualized Fee Revenue | The annualized fee revenue is the expected total amount accrued in fees by the protocol over 1 year. |
Data Sources:
Ethereum Blockchain RPC Endpoints from Infura
References:
📚 Learn more about CRV Staking
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