Rate of Reward & APY
Last updated
Last updated
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:
Where is the reward rate in the current epoch,is the total amount of MARQ allocated to stakers is the total amount of sMARQ from the last epoch.
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:
where is the residual of total MARQ supply, is the reward ratio which is determined by the protocol and DAO governance.
