🎮Near-Protocol SRB
NEAR Staking Rewards Benchmark (NEARSRB™) Methodology
Last updated
NEAR Staking Rewards Benchmark (NEARSRB™) Methodology
Last updated
NEARSRB is a benchmark representing the mean, annualized staking rate across all active Near-Protocol validators.
NEARSRB is calculated and published by Staking Rewards via the Near Profile and Staking Data API.
rpy
Rewards per Year
The Near-Protocol has established a 5% inflation rate, of which 90% (4.5% of total supply) goes to validators as rewards.
epst
Staked Tokens
The total amount of staked NEAR in the protocol's active validator set.
Currently, slashing is not implemented in the Near Protocol
Staking Rewards calculates the NEARSRB for each validator based on their individual commission rate.
c
Commission
The fee imposed by a specific validator to its delegators.
The NEARSRB is determined based on the latest generated block at the evaluation point.
This data is then annualized for a comprehensive year-long projection.
The calculation happens every 2 hours and is immediately published via Staking Data API.
NEARSRB employs a 365-day convention for annualizing current slot times. This convention remains consistent and does not accommodate adjustments for leap years.
The real reward rate calculates the APTSRB adjusted for inflation in the network.
ir
Inflation Rate
The annual rate at which supply increases. This value is equal to the annual emissions.
Delegated Tokens
The number of NEAR tokens delegated to validators.
Self Staked Tokens
The number of NEAR tokens staked by validators directly.
Staking Wallets
Total number of unique delegations onchain. It doesn't distinguish based on unique delegator addresses.