# Robonomics Substrate Token incentives Methodology

## 1. Overview

Token incentives measures the value of native assets distributed by Robonomics Substrate to reward network participants. These distributions primarily represent rewards paid to lighthouse providers as compensation for maintaining network infrastructure and securing the chain. The metric serves as an indicator of the network's issuance-based expenses, analogous to stock-based compensation in traditional finance.

## 2. Data sources

- **Blockchain events**: `BlockReward` events from the `lighthouse` pallet on Robonomics Substrate
- **External data**: End-of-day price feeds for the native asset

## 3. Step-by-step calculation

### Component A: Staking reward extraction

- **Purpose**: To identify and quantify the issuance of rewards to network participants.
- **Logic**: `BlockReward` events are parsed from the `lighthouse` pallet. The reward amount is extracted from the event data payload. All extracted amounts are normalized by decimal precision to account for the asset's native units.
- **Key fields**: `event_data` (containing reward values), `event_pallet` (filtering for lighthouse), and `event_method` (filtering for BlockReward).

### Component B: USD conversion and aggregation

- **Purpose**: To normalize the value of distributed rewards into a common currency.
- **Logic**: Daily totals are calculated by summing the normalized reward amounts within UTC day boundaries. These daily totals are then multiplied by end-of-day price feeds for the native asset. The final values are aggregated to provide a comprehensive view of token incentives across the Robonomics Substrate network.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of native tokens distributed as incentives.

Token incentives

Blockchains (L1)

The Robonomics chain is a parachain in the Polkadot and Kusama ecosystems designed to provide a decentralized infrastructure for the Internet of Things (IoT) and cyber-physical systems.

Robonomics Substrate

Archived

Token incentives

Token incentives

Chain breakdown