What is Somnia (SOMI)?

Deep Dive

1. Purpose & Value Proposition

Somnia is designed to enable fully on-chain, real-time experiences that traditional blockchains struggle to support due to speed and cost constraints. Its primary goal is to serve as the infrastructure for the next generation of Web3 entertainment, including complex games, live virtual events, and social applications that require instant interaction for millions of users simultaneously (Binance News).

2. Technology & Architecture

The network achieves its high throughput through several key innovations. MultiStream consensus allows each validator to process its own stream of data, reducing bottlenecks. It uses IceDB, a custom database that enables extremely fast read/write operations. Together with advanced compression techniques, this architecture aims to deliver Web2-like user experience while maintaining blockchain security and decentralization.

3. Tokenomics & Utility

The SOMI token has a fixed total supply of 1 billion. It serves as the network's native currency for paying transaction fees (gas). Validators must stake SOMI to secure the network, and holders can delegate their tokens to earn rewards. A distinctive deflationary mechanism burns 50% of all gas fees, potentially reducing the total supply over time. The majority of the token supply is allocated to the community and ecosystem fund to foster long-term growth.

Conclusion

Fundamentally, Somnia is a scalability-focused Layer 1 blockchain that prioritizes high-speed, low-cost transactions to make immersive, on-chain entertainment practically viable. Will its technical architecture be sufficient to attract the developer activity needed to fulfill its vision of a real-time metaverse?