💎The Open Network SRB
Learn how TON staking rewards are calculated. TONSRB formula covers stake-weighted average pool APY, nomination pools, and validator round performance.
TONSRB is a benchmark representing the annualized staking rate for TON token.
TONSRB is calculated and published by Staking Rewards via the TON Profile and Data API.
TL;DR: TON staking rewards are a stake-weighted average of the annualized yield across all active staking pools, including nomination pools, whale pools, and liquid staking pools. Each pool's APY is computed from actual validator round performance.
P
Active Pools
The set of all active staking pools with non-zero stake and APY.
apy_p
Pool APY
The annualized percentage yield for pool p, computed from actual validator round performance.
s_p
Pool Stake
The total amount staked in pool p (in nanoTON).
TONSRB is a stake-weighted average of the annualized yield across all active TON staking pools (nomination pools, whale pools, and liquid staking pools).
TONSRB is non-compounded, excluding returns from reinvestment of rewards.
TON Validator Staking Rewards Rate: TONSRB(v)
Staking Rewards calculates the TONSRB for each validator based on their individual commission rate. TON distinguishes three validator contract types:
cr
Commission Rate
The commission rate the validator has set as a delegation fee. Applies to nomination pool validators. Single validators and whale pools have no commission.
Validator Types:
Nomination Pool
Accepts delegations. Commission applies. Self-staked and delegated tokens tracked separately.
Single Validator
Solo operator. All stake is self-staked. Marked as private. No commission.
Whale Pool
Large-stake pool. All stake is treated as delegated. No commission.
TON Real Reward Rate (TONSRB^R)
The real reward rate calculates the reward rate adjusted for inflation in the network.
i
Inflation Rate
Derived from the annualized rewards relative to circulating supply.
Observation Period:
The TONSRB is determined based on the current APY of all active staking pools at the point of evaluation.
Each pool's APY reflects annualized returns from actual validator round performance.
Calculation
The calculation happens every 2 hours and is immediately published via Data API.
Limitations
TONSRB employs a 365-day convention for annualizing staking rates. This convention remains consistent and does not accommodate adjustments for leap years.
Data Sources:
TON staking pools data for pool-level APY and stake data
TON masterchain block timing for block time, computed as the
gen_utimedelta between the masterchain head block and an earlier block, divided by the sequence-number spanTON election data for current validator set and contract types
TON nominator pool on-chain contract state (
get_pool_data) for commission (validator_reward_share/ 10000), self-staked tokens (validator_amount), and nominator countTON network fee statistics for fee revenue
CoinGecko for price and supply data
References:
📚 Learn more about TON Staking
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