# Rate of Reward & APY

**Rate of Reward**

The reward rate to stakers is the percentage increase in sMARQ in the next epoch. The reward rate can be calculated below:

**Annual Percentage Yield**

The annual reward rate for MARQ stakers compounded 3 times a day. Hence, the total number of epochs used to compound the return is 365*3=1095, and the APY can be calculated below:

The power of compounding will increase the value of stakers’ assets exponentially.

**MARQ Supply per Epoch**

The protocol distributes part of newly minted MARQ to stakers, denote by, which is calculated according to the following equation:

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