Somnia is a high‑performance, EVM‑compatible Layer‑1 blockchain developed by Improbable and the Somnia Foundation, designed to support real‑time applications like gaming, metaverse, social platforms, and immersive experiences.
Its native utility token SOMI, has a fixed supply of 1 billion tokens and is used for gas fees, staking (via delegated proof‑of‑stake), validator rewards, and governance.
Somnia’s technical innovations include MultiStream Consensus, the custom IceDB database, and advanced compression techniques, enabling over 1,000,000 transactions per second (TPS) with sub‑second finality and ultra‑low fees.
SOMI ecosystem is supported by strong financial backing (≈ US$270 million), grant programs, and partnerships. Tokenomics include deflationary mechanisms (e.g. part of gas fees being burned), vesting schedules for team, investors, and advisors, and allocations for community & ecosystem incentives to ensure long‑term growth and alignment.
