🌕Moonbeam SRB

Moonbeam Staking Rewards Benchmark (GLMRSRB™) Methodology

GLMRSRB is a benchmark representing the annualized staking rate for the GLMR token.

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

GLMR Staking Rewards Rate: GLMRSRB

GLMRSRB=avgAPRGLMRSRB = avgAPR
Formula Key
Metric Name
Description

avgAPR

Average Collator APR

The average annualized percentage rate across all active collators, derived from the network's round-based reward distribution mechanism. Each round, GLMR rewards are distributed to collators and their delegators based on stake weight and block production.

  • GLMRSRB is non-compounded, excluding returns from reinvestment of rewards.

  • Moonbeam uses a Delegated Proof of Stake (DPoS) model with collators instead of validators.

  • Collators produce blocks on the Moonbeam parachain and share rewards with their delegators.

Slashing

  • Moonbeam does not implement slashing. Collators can be removed from the active set if they fail to meet minimum performance requirements, but staked tokens are not slashed.


GLMR Collator Staking Rewards Rate: GLMRSRB(v)

Moonbeam collators do not set individual commission rates. All collators share the same reward distribution mechanism defined by the protocol. Delegator rewards are determined by the delegator's share of the total stake on a given collator.

GLMRSRB(v)=GLMRSRBGLMRSRB(v) = GLMRSRB
  • Since Moonbeam collators do not have individual commission, the collator-level reward rate equals the network-level rate, adjusted by the delegator's proportion of the collator's total stake.


Observation Period:

  1. The GLMRSRB is determined based on the current round reward parameters at the evaluation point.

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

Calculation

The calculation happens every 6 hours and is immediately published via Data APIarrow-up-right.

Limitations

  1. GLMRSRB employs a 365-day convention for annualizing reward data. This convention remains consistent and does not accommodate adjustments for leap years.


GLMR Real Reward Rate: GLMRSRB^R

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

GLMRSRBR=1+GLMRSRB/(1+ir)1GLMRSRB^R = 1+GLMRSRB/(1+ir)-1
Formula key
Metric name
Description

ir

Inflation Rate

Moonbeam has a fixed 5% annual inflation rate, distributed among collators, the parachain bond reserve, and the treasury.

Inflation Rate Behavior

  • Moonbeam has a fixed annual inflation rate of 5%. Of this, 1% goes to collator staking rewards, 1.5% to the parachain bond reserve, 1% to the treasury, and the remaining 1.5% is burned or distributed through other mechanisms. The effective staking inflation depends on the proportion allocated to collator rewards relative to total supply.


Other Moonbeam metrics calculated by Staking Rewards:

Metric
Description

Delegated Tokens

The number of GLMR tokens delegated to collators.

Self Staked Tokens

The number of GLMR tokens bonded by collators directly.

Staking Wallets

Total number of delegations across all collators.


Data Sources:

  • Moonbeam Substrate RPC (on-chain ParachainStaking pallet queries via py-substrate-interface)

  • Moonbeam collator leaderboard API (collator APR)

  • CoinGecko for price and circulating supply


References:


📚 Learn more about GLMR Stakingarrow-up-right

📊 Calculate your GLMR Staking Rewardsarrow-up-right

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

Last updated