About this Chart

Baseline Staking APR represents a normalized annualized staking yield, calculated by annualizing the ratio of daily staking rewards issued to total HNT staked.

This metric assumes that all staked HNT has full voting power (zero decay) and includes unlocked HNT that remains staked but is no longer earning rewards. It does not account for voting power decay, decay delay, lockup duration differences, or unstaking status.

Realized APRs are typically higher for active stakers and vary with voting power and lockup configuration.