What is Somnia (SOMI)?

Deep Dive

1. Purpose & Value Proposition

Somnia addresses the scalability limitations of existing blockchains for real-time applications. It enables developers to build fully onchain experiences—like live multiplayer games or social platforms—without compromising speed or user experience. By handling over 1 million transactions per second (TPS) at sub-cent fees, it supports mass adoption where traditional chains struggle (Somnia Docs).

2. Technology & Architecture

Somnia’s tech stack includes:
- MultiStream Consensus: Validators process independent data streams in parallel, enabling high throughput.
- IceDB: A deterministic database allowing read/write operations in 15–100 nanoseconds, far faster than conventional blockchain databases.
- EVM Compatibility: Developers can port Ethereum apps seamlessly while benefiting from Somnia’s speed.
These innovations allow sub-second finality, making it feel like Web2 responsiveness (Binance Interview).

3. Tokenomics & Governance

SOMI (total supply: 1 billion) serves three core functions:
- Gas Fees: Required for all transactions.
- Staking: Validators stake SOMI to secure the network and earn rewards.
- Governance: Future community voting (decentralization in progress).
Notably, 50% of gas fees are burned—a deflationary mechanism to counter inflation long-term.

Conclusion

Somnia combines enterprise-grade scalability with EVM accessibility to redefine onchain experiences. As it evolves, how will its balance of speed and decentralization shape the future of real-time applications?