Overview

The Somnia token (SOMI) is the Native token of the Somnia blockchain, with a fixed supply of 1,000,000,000 tokens.

Token Utility

SOMI is a delegated proof of stake token (dPoS) it is intended for:

• Staking functions
  • Validator staking - To provide validator nodes for the Somnia blockchain, Tokens must be staked.
  • Delegated staking - Tokens can be delegated to Node Providers to cover their staking costs.
• Payment methods
  • Gas Fees - To use the blockchain, gas fees will be paid in the SOMI token.
• Governance: The Token will eventually be used to inform how decisions regarding the Network and its components are made. The details of this are to be determined.