Coinbase Prime's staking reporting offers comprehensive insights into staking rewards for delegators, highlighting Staked Balances, Distributed Rewards, Pending Rewards, and Reward Rates, all available directly through the Prime Reporting Center. To track staking activity in Prime, see the Staking Reporting details below.
Staking Report Sections:
Staked balance
Distributed reward* (on a reward transaction level)
Pending rewards** balance (daily snapshot)
Reward rate (over reporting period)
*refers to rewards that have accrued and have been distributed to a delegating Coinbase custody vault or wallet
** refer to staking rewards that have accrued but have not yet been distributed to a delegating Coinbase custody vault or wallet
You can generate ‘CSV’ statements, documenting the details above for the selected asset.
How to generate Staking Reports in the Prime Reporting Center:
Navigate to Staking Report tab in left hand menu
2. Select Generate Staking Report Card
3. Select asset and date range and hit generate
4. Click “View Staking Report” in an email shared following the staking report generation.
5. Click on “Download CSV” to download staking reports.
For clients who are running a dedicated validator with Coinbase, we are additionally providing Validator Reports.
Coinbase Prime's Validator Reports offers comprehensive insights into staking rewards for your dedicated validator, highlighting Total Rewards*, Validator Fee**, Validator Rewards, and Delegator Rewards***. To Track Validator activity in Prime, see the details below:
Validator Report Sections:
Total Rewards* (denominated in native asset)
Validator Fee** (denominated in native asset)
Validator Rewards (denominated in native asset)
Delegator Rewards*** (denominated in native asset)
*Total Rewards refers to the cumulative rewards earned by staker/validators
**Validator Fee refers to the percentage of rewards that a validator charges its delegators
***Rewards passed on from the validator to delegators, minus the validator fee.
You can generate ‘CSV’ statements, documenting the details above for the selected asset.
How to Generate Staking Reports in Prime
How to generate Validator Reports in the Prime Reporting Center
Navigate to Staking Report tab in left hand menu
2. Select Generate Staking Report Card
3. Select report type, asset and date range and hit generate
4. Click “View Staking Report” in an email shared following the staking report generation.
5. Click on “Download CSV” to download staking reports.
FAQs:
How is the staking reward rate calculated?
The staking reward rate is calculated by dividing the total rewards earned over the reporting period—including pending rewards for eligible assets (except ETH)—by the average staked balance during days with a non-zero staked balance. That average staked balance is determined as the daily average, calculated by taking the sum of the beginning and end-of-day staked balances, then dividing by two. The result is divided by the number of days with a non-zero staked balance and multiplied by 365, yielding an annualized rewards rate.
Why does my reward rate vary meaningfully between different date ranges and wallets?
Reward rates can vary due to various reasons, including validator performance and MEV. Additionally, some blockchains like Solana distribute rewards every number of days, based on epoch frequency. If a higher number of epochs falls into the requested reporting period, the reward rate is higher than if a lower number of epochs fall into the reporting period. This effect smoothes out over longer reporting periods.
Are pending rewards included in the reward rate displayed in Staking Reports?
For assets where pending rewards are not accessible but are automatically distributed on a regular basis (e.g., ETH) and therefore even out over time, pending rewards are excluded from the displayed reward rate. However, for assets where pending rewards can be accessed via unstaking or a “claim rewards” action at any time, the net change in pending rewards within a wallet over the reporting period is included in the reward rate calculation.
Example: If a client stakes 100 ATOM for one year and accrues 13 ATOM in pending rewards without claiming them, these 13 ATOM will be included in the reward rate over that period.
Is the reward rate net of staking fees?
Yes, the reward rate reflects staking rewards after deducting staking fees.
Should the total rewards in a client’s Validator Report and a client’s Staking Report always match?
No, it is common for these totals to differ due to various factors. For instance, delegators outside of the client’s custody vaults may stake to the client’s dedicated validator, or the custody vaults may have staked to a different validator during the reporting period. Furthermore, Staking Reports account for MEV rewards, while these are not currently reflected in Validator Reports.
Will Staking reports in Q3 2024, be able to generate detailed reports with a 1 year time frame?
Staking Platform is able to provide customizable date range ability since MVP with a lookback period of greater than 1 year, but our systems are backfilling data for 2024 as the starting point.
Staking Reports are able to pull data dating back to the beginning of 2024 at this time
What is the timeline of data that can be pulled utilizing Staking Reporting?
Staking Reports and Validator Reports are available from 1/1/2024 onward.