# Skale SRB

SKLSRB is a benchmark representing the annualized staking rate for the SKL token.

SKLSRB is calculated and published by Staking Rewards via the [SKL Profile](https://www.stakingrewards.com/asset/skale) and [Data API](https://www.stakingrewards.com/data-api).

> **TL;DR:** SKALE staking rewards come from daily distributed validator rewards. The reward rate equals daily rewards annualized over 365 days divided by total staked SKL tokens. Validator-level rates are adjusted by commission.

$$
SKLSRB = dr \* t\_y / st
$$

<table data-full-width="false"><thead><tr><th width="187">Formula key</th><th width="207">Metric name</th><th>Description</th></tr></thead><tbody><tr><td>dr</td><td>Daily Reward</td><td>The calculated distributed daily rewards for all validators.</td></tr><tr><td>st</td><td>Staked Tokens</td><td>The total staked tokens amount.</td></tr><tr><td><span class="math">t_y</span></td><td>Year Constant</td><td>365d</td></tr></tbody></table>

***

### Skale Validator Staking Rewards Rate: SKLSRB(v)

Staking Rewards calculates the SKLSRB for each validator based on their individual performance and commission rate.

$$
SKLSRB(v) = vr \* t\_y \* (1 - cr) / vst
$$

<table><thead><tr><th width="149">Formula key</th><th width="216">Metric Name</th><th>Description</th></tr></thead><tbody><tr><td>vr</td><td>Validator Rewards</td><td>The rewards collected by the validators.</td></tr><tr><td>cr</td><td>Commission Rate</td><td>The commission rate the validators has set as a delegation fee.</td></tr><tr><td>vst</td><td>Validator Staked Tokens</td><td>The stake of the validator in the network (investment).</td></tr><tr><td><span class="math">t_y</span></td><td>Year Constant</td><td>365d</td></tr></tbody></table>

***

### Skale Real Reward Rate (SKLSRB^R)

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

$$
SKLSRB^R = 1+SKLSRB/(1+i)-1
$$

<table data-full-width="false"><thead><tr><th width="141">Formula Key</th><th width="158">Metric name</th><th>Description</th></tr></thead><tbody><tr><td>i</td><td>Inflation Rate</td><td>Total tokens added to the circulating supply in the last 365 days.</td></tr></tbody></table>

***

Data Sources:

* Indexed Ethereum Data via Dune.

***

#### References:

* <https://docs.skale.network/>

***

:books:[ Learn more about SKL Staking](https://www.stakingrewards.com/asset/skale)

:bar\_chart: [Calculate your SKL Staking Rewards](https://www.stakingrewards.com/calculator?asset=skale)

:gear: [Access historic Skale Staking Data via API](https://www.stakingrewards.com/data-api)

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Last updated on 05/23/2024
```


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