Somnia

Somnia logo

Somnia is a high-performance, cost-efficient EVM-compatible Layer 1 blockchain capable of processing over 1,000,000 transactions per second (TPS) with sub-second finality. It is suitable for serving millions of users and building real-time mass-consumer applications like games, social applications, metaverses, and more, all fully on-chain.

Amount Staked

5,007,103 SOMI $2,759,950

ARR

0.00%

Commission

20%

Price

$0.55

Delegators

0

Validator Address

0x2e1386B19979734C6d07f94b07cb09376485ae11

How many SOMIs do you want to stake?

Delegation amount

640 SOMI

$352.8

Daily earnings

0.0 SOMI

$0.0

Monthly earnings

0.0 SOMI

$0.0

Yearly earnings

0.0 SOMI

$0.0

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The Internet of Blockchains.

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Somnia logo

5,007,103 SOMI
$2,759,950

TBA APR

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300,017 BAND
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12,525,427 ARCH
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7,984,130 AURA
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39,722 ELYS
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Frequently Asked Questions

Here are answers to some of the questions our community has asked us. Get in touch if there’s more you would like to know.

What is Somnia?
Somnia is a high-performance, cost-efficient EVM-compatible Layer 1 blockchain capable of processing over 1,000,000 transactions per second (TPS) with sub-second finality. It is suitable for serving millions of users and building real-time mass-consumer applications like games, social applications, metaverses, and more, all fully on-chain.
What are validating and delegating?
New blocks on Somnia are proposed by validators. To enable Somnia to run seamlessly, validators need the technical capabilities to offer a secure, always on infrastructure. Not everyone is able to do this. Some token holders participate indirectly by delegating the tokens they have to a validator. Validators are running a service for delegators. They typically charge a fee to cover their operational costs.
Why should you delegate?
By delegating SOMI, you help secure the network. You get part of the rewards provided by the protocol for this assistance. If you are planning to hold on to SOMI for some time, delegating will help you accumulate more SOMI while contributing to the health of the network.
What happens to the ownership of SOMI after they’re delegated?
You are not giving away ownership of SOMI by delegating. As a validator, we will never have the ability to move your SOMI.
What are the risks of delegating on Somnia?
SOMI penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.
What happens to the ownership of SOMI after they’re delegated?
Somnia penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.
Can you undelegate anytime?
Undelegating (also called unbonding or unstaking) can be done anytime. However, it takes approximately 21 days for your SOMI to undelegate and become transferable. This time period exists in order to prevent long range attacks
What does TTT get out of this?
We charge 5% from the block rewards received by our delegators. For example, if a delegator receives 100 SOMI as a reward, TTT will receive 4 SOMI while the delegator will get 95 SOMI.
How to get compound interest from SOMI staking rewards?
With SOMI staking offering up to 0.00% APR, you can increase your earnings by an additional % by enabling the restake rewards feature on ReStake.app, accessed through your Keplr wallet. This feature automatically claims and restakes your rewards, compounding your earnings without any hassle or inconvenience. It's a secure and easy way to earn passive income.
Does staking with TTT allow me to participate in Somnia Airdrops?
When you stake your SOMI tokens with TTT, you may become eligible for Cosmos-based airdrops, allowing you to receive free tokens as a reward for your participation. We support many blockchain networks, so you never know what exciting opportunities may come your way.

Estimated Monthly Earnings