💎The Open Network SRB

The Open Network Staking Rewards Benchmark (TONSRB™) Methodology

TONSRB is a benchmark representing the annualized staking rate for TON token.

TONSRB is calculated and published by Staking Rewards via the TON Profilearrow-up-right and Data APIarrow-up-right.

TONSRB=drty/esTONSRB = dr * t_y / es
Formula key
Metric name
Description

dr

Daily Rewards

Total rewards from the last 30 days of staking cycles, divided by the number of days elapsed.

es

Effective Stake

The average staked tokens across cycles in the 30-day observation window.

tyt_y

Year Constant

365d

  • TONSRB uses a 30-day rolling window of staking cycles for reward calculation.

  • 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:

TONSRB(v)=TONSRB(1cr)TONSRB(v) = TONSRB * (1 - cr)
Formula key
Metric Name
Description

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:

Type
Description

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.

TONSRBR=1+TONSRB/(1+i)1TONSRB^R = 1+TONSRB/(1+i)-1
Formula Key
Metric name
Description

i

Inflation Rate

Derived from the annualized rewards relative to circulating supply.


Observation Period:

  1. The TONSRB is determined based on the last 30 days of staking cycles at the evaluation point.

  2. This data is then annualized for a comprehensive year-long projection.

Calculation

The calculation happens every 2 hours and is immediately published via Data APIarrow-up-right.

Limitations

  1. 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 network APIs for cycle-by-cycle reward data, block stats, and validator pool details

  • TON election data for current validator set

  • TON network fee data

  • CoinGecko for price and supply data


References:


📚 Learn more about TON Stakingarrow-up-right

📊 Calculate your TON Staking Rewardsarrow-up-right

⚙️ Access historic TON Staking Data via APIarrow-up-right

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