Marquee
  • Marquee
    • Industry Overview
    • Mission & Vision
  • Industry Overview
  • Mission & Vision
  • Structure Overview
    • Vault
    • Fund Pool
    • Staking Pool
    • DEXS
  • Cover Products
  • Earn
  • Protocol
    • Pricing Model
    • Technical Solutions
    • Secondary Offering & Repurchase
    • Rate of Reward & APY
    • DAO Governance
    • User Payouts
  • Tokenomics
  • IPST
  • Roadmap
  • Audit
  • TEAM
Powered by GitBook
On this page
  1. Protocol

Rate of Reward & APY

PreviousSecondary Offering & RepurchaseNextDAO Governance

Last updated 8 months ago

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.