Iota SRB
IOTA Staking Rewards Benchmark (IOTASRB™) Methodology
Last updated
IOTA Staking Rewards Benchmark (IOTASRB™) Methodology
Last updated
IOTASRB is a benchmark representing the mean, annualized staking rate across all active IOTA validators.
IOTASRB is calculated and published by Staking Rewards via the and .
sy
Seconds in year
The number of seconds in a year.
el
Epoch Length
The duration of the epoch in seconds.
re
Rewards Epoch
The number of rewarded tokens per epoch (767000 IOTA).
st
Staked Tokens
The number of staked tokens in the network.
IOTASRB operates on a non-compounded basis, meaning it excludes returns generated from the reinvestment of rewards.
IOTASRB is based on an assumption of 100% validator efficiency. For a IOTASRB adjusted according to individual validator performance, please refer to IOTASRB(v).
Staking Rewards calculates the IOTASRB for each validator based on their individual performance and commission rate.
p
Performance
The percentage of successfully validated blocks.
cr
Commission Rate
The percentage commission rate the validator has set as a delegation fee for all delegators.
Observation Period:
IOTASRB 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
Limitations
IOTASRB employs a 365-day convention for annualizing current block provisions and daily fees. This convention remains consistent and does not accommodate adjustments for leap years.
The real reward rate calculates the IOTASRB adjusted for inflation in the network.
i
Inflation Rate
The annual provisions adjusted by the actual block time of the last 24h and divided by the total token supply in the network.
Inflation Rate Behaviour
The release of IOTA tokens into circulation is controlled by a predefined schedule.
Unvested tokens released into circulation are also considered in this calculation.
Iota Café.
The calculation happens every 2 hours and is immediately published via .
from indexed Blocks and Blockchain RPC Endpoints.