🔑Klever SRB

KLV Staking Rewards Benchmark (KLVSRB™) Methodology

KLVSRB is a benchmark representing the mean, annualized staking rate across all active Klever validators.

KLVSRB is calculated and published by Staking Rewards via the Klever Profilearrow-up-right and Data APIarrow-up-right.

KLVSRB=((br+sr)ty/bt+bf0.5365)/stKLVSRB = ((br + sr) * t_y / bt + bf * 0.5 * 365) / st
Formula key
Metric name
Description

br

Block Reward

The average block reward in KLV, sampled from recent blocks.

sr

Staking Rewards

The average staking rewards per block in KLV, sampled from recent blocks.

tyt_y

Seconds Per Year

31,536,000 (365 * 86,400)

bt

Block Time

The slot duration in seconds (~4 seconds).

bf

Bandwidth Fee

The average daily transaction fees in KLV, with 50% allocated to stakers.

st

Staked Tokens

The total number of KLV tokens staked across all validators.

  • KLVSRB takes into account all accumulated rewards, whether they have been claimed or remain unclaimed.

  • KLVSRB operates on a non-compounded basis, meaning it excludes returns generated from the reinvestment of rewards.

  • Stakers receive 50% of network bandwidth fees in addition to block and staking rewards.

Slashing

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Klever does not implement slashing for delegators. Validators may be jailed for poor performance, but delegated tokens are not at risk of being slashed.


Klever Validator Staking Rewards Rate: KLVSRB(v)

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

KLVSRB(v)=(1cr)((bf0.5+sr(td/bt)+pbr(td/bt))365)/stKLVSRB(v) = (1 - cr) * ((bf * 0.5 + sr * (t_d / bt) + p * br * (t_d / bt)) * 365) / st
Formula key
Metric name
Description

cr

Commission Rate

The percentage commission rate the validator charges delegators.

p

Performance

The validator's block production success rate (successful / total attempts).

bf

Bandwidth Fee

Average daily bandwidth fees in KLV.

sr

Staking Rewards

Average staking rewards per block.

tdt_d

Day Constant

86,400 seconds

bt

Block Time

Slot duration in seconds.

br

Block Reward

Average block reward in KLV.

st

Staked Tokens

Total staked tokens across the network.

Active validators (elected) earn block rewards proportional to their performance, while waiting or inactive validators earn only staking rewards.


Observation Period:

  1. KLVSRB is determined based on the latest blocks and daily statistics at the point of evaluation.

  2. This data is then annualized for a comprehensive year-long projection.

Calculation

The calculation happens every 2 hours and is immediately published via Data APIarrow-up-right.

Limitations

  • KLVSRB employs a 365-day convention for annualizing rewards. This convention remains consistent and does not accommodate adjustments for leap years.

  • Block reward and staking reward values are averaged from a recent sample of blocks and may vary over time.

  • Individual validator returns depend on election status, performance, and commission.


KLV Inflation Rate

ir=((br+sr)ty/btburned365)/csir = ((br + sr) * t_y / bt - burned * 365) / cs
Formula key
Metric name
Description

br

Block Reward

Average block reward per block.

sr

Staking Rewards

Average staking rewards per block.

tyt_y

Seconds Per Year

31,536,000

bt

Block Time

Slot duration in seconds.

burned

Burned Fees

Average daily burned KLV tokens from transaction fees.

cs

Circulating Supply

The total number of KLV tokens in circulation.

Klever's net inflation accounts for token burns from transaction fees, reducing effective inflation below the gross emission rate.


KLV Real Reward Rate (KLVSRB^R)

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

KLVSRBR=(1+KLVSRB)/(1+i)1KLVSRB^R = (1+KLVSRB) /(1+i)-1
Formula key
Metric name
Description

i

Inflation Rate

The net annual inflation rate of the KLV token supply, accounting for block rewards, staking rewards, and fee burns.

Inflation Rate Behaviour

Klever's inflation is driven by block rewards and staking rewards emitted per block, offset by token burns from transaction fees. As network activity increases and more fees are burned, the net inflation rate decreases. The block time of approximately 4 seconds determines the emission cadence.


Other Klever metrics calculated by Staking Rewards:

Metric
Description

Delegated Tokens

The number of KLV tokens delegated to validators by external delegators.

Self Staked Tokens

The number of KLV tokens staked by validators directly from their own balance.

Staking Wallets

The total number of unique delegations on-chain.


Data Sources:

  • Klever Mainnet API (api.mainnet.klever.org) for block rewards, staking rewards, validator data, and network statistics

  • CoinGecko (price, circulating supply, total supply)


References:


📚 Learn more about KLV Stakingarrow-up-right

📊 Calculate your KLV Staking Rewardsarrow-up-right

⚙️ Access historic Klever Staking Data via APIarrow-up-right

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