iBERA

For further information please refer to the iBERA education page.

APR calculation

Unlike Proof of Liquidity vaults and iBGT, iBERA rewards are tied to validator activity. Instead of a fixed reward rate, rewards are distributed during sweep events.

How the APR is calculated

1. Monitor sweep events:

   • The time elapsed between sweep events is recorded.
   • The percentage increase in the value from each sweep event is measured.

2. Annualizing rewards based on sweep frequency:

   • The total reward from the last sweep event is scaled based on time elapsed since the previous event to estimate an annual rate.
   • This approach ensures APR reflects the most up-to-date reward distributions.

Summary