Exchange Rate Model

The formula is as follows:

exchangeRate=TotalActiveBonded+TotalStake−TotalUnstakesTokenIssuanceexchangeRate = \frac{TotalActiveBonded + TotalStake - TotalUnstake}{sToken Issuance}

​

  • TotalActiveBonded, include all derivative accounts' active bonded amount on relaychain.

  • TotalStake, including the total stake amount by all users during the current era.

  • TotalUnstake, including the total unstake amount by all users during the current era.

  • sTokenIssuance, total issuance amount of sKSM/sDOT

Last updated