Documentation

How key metrics on Flare Metrics are defined and calculated.

Reward Rate

The Reward Rate (displayed as fspRewardRate) represents the FTSO Scaling Provider reward rate derived from WNAT (Wrapped Native Asset Token) claims.

It reflects how effectively a data provider is earning rewards relative to the delegation it receives. A higher reward rate indicates stronger provider performance over the measured period.

Values greater than or equal to 1 are considered anomalous and are displayed as -- in the UI. Valid reward rates are shown to four decimal places.

The Reward Rate CV (coefficient of variation) measures the consistency of a provider's reward rate across epochs. A lower CV indicates more stable, predictable performance.

Staking APR

The Staking APR estimates the annualised return for delegators staking to a validator node.

Per-epoch reward rate

For each reward epoch and validator node, two reward rates are computed and summed:

normalRate = nodeRewardAfterFee / totalStakeAtEpochEnd

mirrorRate = mirrorClaimPool / stakeWeightAtVotePowerBlock

combinedRate = normalRate + mirrorRate

  • normalRate — the node’s reward (after the validator fee is deducted) divided by its total stake at epoch end.
  • mirrorRate — the MIRROR claim pool for that node divided by its stake weight at the vote-power block (a separate snapshot).

Annualisation

To turn the per-epoch rate into an APR displayed on the validator table:

  1. Take the latest epoch’s combined rate as the current rate.
  2. Smooth with a 4-epoch moving average.
  3. Annualise by multiplying by epochsPerYear (≈ 104, derived from actual epoch timestamps).

Entity harmonisation

When multiple validator nodes belong to the same entity, their APR values are harmonised to a single weighted value across that entity’s active stakes.

Actual returns may vary as reward amounts and delegation totals change each epoch.

Data source: flare-foundation/reward-scripts

FSP APR

The FSP APR (FTSO Scaling Provider APR) represents the estimated annualised return for delegators based on FTSO reward distributions.

To filter out unreliable outliers, FSP APR values exceeding 15% are hidden from the UI and displayed as --.