🤲Nimiq SRB

Nimiq Staking Rewards Benchmark (NIMIQSRB™) Methodology

NIMIQSRB is a benchmark representing the mean, annualized staking rate across all active Nimiq validators.

NIMIQSRB is calculated and published by Staking Rewards via the Nimiq Profile and Staking Data API.

NIMIQSRB=730((1+((fscs))/st))(1/730)1)NIMIQSRB = 730 * ((1 + ((fs - cs)) / st))**(1/730) - 1)
Formula key
Metric name
Description

fs

Predicted Future Supply

A predict of the future total supply 365 days from now according to their tokenomics model. You can check the implementation here.

cs

Current Supply

The current total supply of NIM in the network.

st

Stake Tokens

Total Staked Tokens in the network.

Slashing

  1. If a validator is found to be misbehaving, the validator will be punished. There are various severities of punishment, from taking away their block reward, slashing part of their stake, all the way to on-chain jail.


NIM Validator Staking Reward Rate: NIMIQSRB(v)

Staking Rewards calculates the NIMIQSRB for each validator based on their individual commission rate.

NIMIQSRB(v)=NIMIQSRB(1c)NIMIQSRB(v) = NIMIQSRB * (1 - c)
Formula key
Metric name
Description

c

Commission

The fee imposed by a specific validator to its delegators.


Observation Period:

  1. 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.

Limitations

  1. NIMIQSRB employs a 365-day convention for annualizing current slot times. This convention remains consistent and does not accommodate adjustments for leap years.

NIM Real Reward Rate: NIMIQSRB^R

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

NIMIQSRBR=1+NIMIQSRB/(1+ir)1NIMIQSRB^R=1 + NIMIQSRB/(1+ir) -1
Formula key
Metric name
Description

ir

Inflation Rate

The annual rate at which supply increases. This value is equal to the annual emissions.


Other NIM metrics calculated by Staking Rewards:

Metric
Description

Staking Wallets

Total number of unique delegations on chain. It doesn't distinguish based on unique delegator addresses.

References:


📊 Calculate your NIMIQ Staking Rewards

⚙️ Get the latest Aptos Staking Data via API for Free

Last updated on 28/03/2025

Last updated