Paczyński-Wiita circular orbit

Let $r_S=2GM/c^2$. In the Paczyński-Wiita potential, circular orbit balance and the radial epicyclic frequency formula giveThus the innermost stable circular orbit lies at $r=3r_S$. Its specific orbital energy is $-c^2/16$, giving a zero-torque radiative efficiency of black-hole accretion of $1/16$. The model reproduces the Schwarzschild inner orbit exactly but approximates its relativistic energy and frequency. Abramowicz's derivation explains the potential's relation to the Schwarzschild effective potential.