๐บParaSwap SRB
ParaSwapSRB is a benchmark that represents the annualized staking rate for the PSP token. Because of the nature of the tokenomics of this token the value is the reward rate of the most popular reward option which has more than the super majority of the tokens that are locked.
ParaSwapSRB is calculated and published by Staking Rewards via the PSP Profile and Staking Data API.
Formula key | Metric name | Description |
---|---|---|
pr | Predicted Rewards (epoch_revenue_share * personal_share) | The prediction of all fees collected on the protocol during the current epoch. Formula: Current epoch accrued revenue valued in USD at the moment of accrual + ( % remaining of the epoch * median of last 3 epoch's revenue) Personal share is the default value we display in the calculator: (default = 10000 usd investment / token price) and the formula: default / (total_paraboost + default) |
rs | The new share of the reward option (pool_share) | The adjusted share of the reward option. The share of the boosted pool would be: (tokens_sepsp2 + default) / (tokens_sepsp1 + 2.5 * default * tokens_sepsp2) |
vl | Investment (investment) | The value deposited: default * price |
t1 | Days Constant | 365d |
e1 | Epochs Constant | 28d |
Paraboost Score:
The paraboost score is a multiplier that represents your share of the reward distribution when compared to the total paraboost score of all stakers.
Metric | Boost name | Description |
---|---|---|
sePSP1 | The amount of staked PSP in the basic pool. | |
sePSP2 | The amount of staked PSP in the boosted pool. | |
tb1 | General Trading Boost | The more volume a user trades through ParaSwap, the bigger the boost. |
tb2 | Trading Boost Stable to Stable | Stablecoin to stablecoin trades provide different boost values. Harder to collect fees (less spread). |
mb | Market Making Boost | Market makers, including limit orders participants, OTC, and RFQ (PMMs), are eligible for stake boost depending on filled orders volume. |
pb | Pooling Boost | Liquidity provision through sePSP2 for the time an asset is kept without requesting a withdrawal. A minimum amount of 10k sePSP2 amount is required for it to be counted for the boost. The boost will be calculated using averages of the stake, and triggering an unstake request will reset the boost timer |
bb | Balance Booster | Holders of a minimum of $100 worth of PSP in the userโs wallet on a single chain receive a 10% boost. |
rb1 | Referrer Boost | Trades made using a referral link will provide a 20% boost to the referrer. |
rb2 | Referral Boost | Trades made using a referral link will provide will receive a 10% boost on applicable trades. |
(migration boost) | Migration boost | Boost bonus from migrating from PSP to PSP 2.0. (Not to be included in the calculator) |
Boost values where none were presented:
tb1 | |
tb2 | |
mb | |
pb |
Revenue Share
Metric | Name | Description |
---|---|---|
ps | My Paraboost Score | The paraboost score for the current epoch. |
tp | Total Paraboost | The total paraboost score from all staking users. |
Final APR adjusted to user input
We derive this formula from the starting formula and the revenue share:
Formula key | Metric name | Description |
---|---|---|
pr | Predicted Rewards | The prediction of all fees collected on the protocol during the current epoch. Formula: Current epoch accrued revenue valued in USD at the moment of accrual + ( % remaining of the epoch * average of last 3 epoch's revenue) |
rs | User Revenue Share | The user's revenue share. |
userInput | User Input | Amount of tokens the user is willing to stake. |
price | Price | The current price of the asset. |
plp1 | PSP in Basic Pool. | Amount of tokens locked on the basic pool reward option. |
plp2 | PSP in Boosted Pool | Amount of tokens locked on the boosted pool reward option. |
t1 | Days Constant | 365d |
e1 | Epochs Constant | 28d |
Data Sources:
Indexed Ethereum Data via Dune.
References:
Last updated