🐙Subsquid SRB
Subsquid Staking Rewards Benchmark (SQDSRB™) Methodology
Last updated
Subsquid Staking Rewards Benchmark (SQDSRB™) Methodology
Last updated
SQDSRB is a benchmark representing the mean, annualized staking rate across all active Subsquid workers.
SQDSRB is calculated and published by Staking Rewards via the Subsquid Profile and Staking Data API.
rAPR
Target Reward Rate
The target reward rate. It is a dynamic rate that determines the annual rewards distributed to stakers based on the network's utilization and the total amount of staked tokens.
st
Staked Tokens
The total tokens staked including tokens bonded by workers and delegated by delegators.
el
Epoch Length
The length of the epoch in days.
Year Constant
365d
SQDSRB does not factor in the possibility of slashing occurrences.
It's important to note that if validator entities face slashing, rewards will increase, as the slashed tokens are reallocated among validators.
Staking Rewards calculates the SQDSRB for each worker based on their individual performance.
rMAX
Maximum Reward Rate
The maximum potential yield for the epoch.
dl
Liveness Factor
it is calculated as the percentage of the time the worker is self-reported online.
Traffic Factor
Cobb-Douglas type discount factor.
Tenure Factor
It is a long-range liveness factor incentivizing consistent liveness across the epochs.
The SQDSRB is determined based on the latest generated epoch at the point of evaluation.
This data is then annualized for a comprehensive year-long projection.
The calculation happens every 2 hours and is immediately published via Staking Data API.
SQDSRB excludes rewards accrued from on-chain fees.
SQDSRB employs a 365-day convention for annualizing current slot times. This convention remains consistent and does not accommodate adjustments for leap years.
The real reward rate calculates the SQDSRB adjusted for inflation in the network.
ir
Inflation Rate
The annual provisions divided by the circulating supply.
Inflation Rate Behavior
The inflation rate is fix for the initial 3-year bootstrapping phase. After this period, the reward cap decreases significantly until the community decides on a new inflation schedule through governance.
Delegated Tokens
The number of SQD tokens delegated to workers.
Self Staked Tokens
The number of SQD tokens bonded by workers directly.
Staking Wallets
The total number of unique delegations on-chain. It doesn't distinguish based on unique delegator addresses.
Staking Rewards from indexed Subsquid Blockchain RPC Endpoints