⚙️Vara SRB
Vara Staking Rewards Benchmark (VARASRB™) Methodology
VARASRB is a benchmark representing the annualized staking rate for the VARA token.
VARASRB is calculated and published by Staking Rewards via the Vara Profile and Data API.
VARA Staking Rewards Rate: VARASRB
roi
Return on Investment
The annualized staking reward rate published by the Vara network stats API, reflecting the current expected return for stakers.
VARASRB is non-compounded, excluding returns from reinvestment of rewards.
The reward rate is sourced from the Vara network's own stats endpoint, which computes the ROI based on current network parameters including era rewards, staking ratio, and validator performance.
Both claimed and unclaimed rewards are included.
Slashing
VARASRB does not factor in the possibility of slashing occurrences.
Vara implements Substrate's standard slashing mechanism. Validators can be slashed for equivocation or prolonged unresponsiveness.
VARA Validator Staking Rewards Rate: VARASRB(v)
Staking Rewards calculates the VARASRB for each validator based on their individual era points (performance) and commission rate.
vep
Validator Era Points
Validator era points accumulated in the observation period.
tep
Total Era Points
Total era points for all validators in the observation period.
tvr
Total Validator Rewards
All rewards distributed to all validators in the observation period.
vst
Validator Staked Tokens
Validator staked tokens, self-staked and nominated.
ty
Year Constant
365d
tm
Month Constant
30d
Observation Period:
The VARASRB is determined based on the latest completed era at the evaluation point.
This data is then annualized for a comprehensive year-long projection.
Calculation
The calculation happens every 6 hours and is immediately published via Data API.
Limitations
VARASRB employs a 365-day convention for annualizing era reward data. This convention remains consistent and does not accommodate adjustments for leap years.
VARA Real Reward Rate: VARASRB^R
The real reward rate calculates the reward rate adjusted for inflation in the network.
ir
Inflation Rate
Derived from on-chain era rewards: eraValidatorReward * 2190 / totalSupply.
Inflation Rate Behavior
Vara uses 4-hour eras (2190 per year). The inflation rate is derived from actual on-chain era rewards, reflecting the real-time token emission of the network. Vara's inflation model distributes rewards to validators and nominators through the standard Substrate NPoS staking mechanism.
Other Vara metrics calculated by Staking Rewards:
Delegated Tokens
The number of VARA tokens nominated to validators.
Self Staked Tokens
The number of VARA tokens staked by validators directly.
Staking Wallets
Total number of nominators on-chain.
Data Sources:
Vara Substrate RPC (on-chain staking pallet queries via py-substrate-interface)
Vara Stats API (reward rate)
CoinGecko for price and circulating supply
References:
📚 Learn more about VARA Staking
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