BLOCKS_PER_ROUND = 1800; // each round has 1800 blocks
POINTS_PER_BLOCK = 20; // producing 1 block will get 20 points
MIN_DELEGATION = 500; // staking 500 manta at least

collatorCandidates = onChainData // parachainStaking.candidateInfo
totalActiveCollators = filterInactiveCollator(collatorCandidates)
annualInflation = totalSupply * 2%
blocksPreviousRound = totalPoints(collator) / POINTS_PER_BLOCK
collatorCommission = 10%
collatorExpectedBlocksPerRound = BLOCKS_PER_ROUND / collatorCandidates.length
annualRewardsPerCollator = annualInflation / totalActiveCollators

adjustmentFactor = blocksPreviousRound / collatorExpectedBlocksPerRound
marginalReward = annualRewardsPerCollator * MIN_DELEGATION / (collatorTotalStaked + MIN_DELEGATION)

APY = (1.0 - collatorCommission) * 100 * adjustmentFactor * marginalReward / MIN_DELEGATION;