Ctrlk
For the complete documentation index, see llms.txt. This page is also available as Markdown.

🎮Ronin SRB

Learn how Ronin staking rewards are calculated. RONSRB formula covers stake-weighted average APR across all active validators and delegated RON.

RONSRB is a benchmark representing the mean, annualized staking rate across all active Ronin validators.

RONSRB is calculated and published by Staking Rewards via the Ronin Profile and Data API.

TL;DR: Ronin staking rewards are a stake-weighted average of the APR across all 22 active validators. Validators with larger delegations have more weight in the benchmark. The rate is non-compounded and excludes reinvestment returns.

RON Staking Rewards Rate: RONSRB

RONSRB=∑i=1n(apri∗sti)/∑i=1n(sti)RONSRB = \sum_{i=1}^{n}(apr_i * st_i) / \sum_{i=1}^{n}(st_i)
Formula Key
Metric Name
Description

apr_i

Validator APR

The annualized percentage reward for validator i, as reported by the Ronin staking protocol.

st_i

Validator Staked Tokens

The total RON tokens delegated to validator i.

n

Active Validators

The number of active validators selected for consensus (currently 22).

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

  • The benchmark is a stake-weighted average across all active validators, giving more weight to validators with larger delegations.

  • Both claimed and unclaimed rewards are included.

Slashing

  • RONSRB does not factor in the possibility of slashing occurrences.

  • Ronin validators can be slashed for double-signing or prolonged unavailability. Slashed tokens are sent to the treasury.

RON Validator Staking Rewards Rate: RONSRB(v)

Staking Rewards calculates the RONSRB for each validator based on their individual commission and the protocol-reported APR.

RONSRB(v)=aprv∗(1−c)RONSRB(v) = apr_v * (1 - c)
Formula key
Metric Name
Description

apr_v

Validator APR

The annualized percentage reward for the specific validator.

c

Commission

The fee imposed by the validator on delegator rewards.

Observation Period:

  1. The RONSRB is determined based on the latest validator data at the point of evaluation.

  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 API.

Limitations

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

  2. Ronin's reward distribution is determined by the protocol based on validator selection (governing vs. standard validators). Governing validators have priority selection and may earn slightly different effective rates.

RON Real Reward Rate: RONSRB^R

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

RONSRBR=1+RONSRB/(1+ir)−1RONSRB^R = 1 + RONSRB/(1+ir) -1
Formula key
Metric name
Description

ir

Inflation Rate

The annualized rate of new RON token emissions relative to circulating supply.

Inflation Rate Behavior

  • Ronin has a maximum supply of 1,000,000,000 RON. Staking rewards are funded through token emissions that gradually unlock the remaining supply. As more of the max supply is distributed, the effective inflation rate decreases over time.

Other Ronin metrics calculated by Staking Rewards:

Metric
Description

Delegated Tokens

The number of RON tokens delegated to validators by delegators.

Self Staked Tokens

The number of RON tokens staked by validators directly (minimum 250,000 RON required).

Staking Wallets

The total number of unique delegations on-chain.

Data Sources:

  • Ronin Indexer GraphQL API (on-chain staking data)

  • CoinGecko for price and circulating supply

References:

📚 Learn more about RON Staking

📊 Calculate your RON Staking Rewards

⚙️ Access historic Ronin Staking Data via API

PreviousNear SRBNextNimiq SRB

Last updated