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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:
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.
Last modified 9mo ago