The Somnia Network is a high-performance, EVM-compatible Layer 1 blockchain built for real-time applications in gaming, metaverse, and social media. Its high throughput and low fees allow for seamless, interactive experiences at Web2 scale, bridging the gap to Web3 for mass consumer adoption.
Core network utility
Somnia is engineered to handle data-intensive, real-time applications directly on-chain, eliminating the performance barriers of older blockchains. Its core technical innovations enable a new class of interactive and decentralized experiences:
High throughput: Testnets have demonstrated a capacity of over 1 million transactions per second (TPS) and sub-second finality, crucial for lag-free gaming and social interactions.
Low fees: The network's efficient architecture supports predictable, ultra-low transaction costs, making microtransactions viable for in-game purchases and social engagement.
EVM compatibility: Somnia supports the Ethereum Virtual Machine, allowing developers to easily migrate existing dApps and use familiar tools and wallets.
MultiStream consensus: This novel consensus mechanism allows validators to process transactions in parallel data streams, drastically improving efficiency and scalability without sacrificing security.
IceDB: A custom-built database optimizes for rapid data reading and writing, ensuring fast state transitions even under heavy network load.
Real-world use cases
Somnia's technology enables developers to build and scale next-generation applications with true digital ownership.
Gaming: Creates a foundation for fully on-chain games with decentralized economies. This allows for real-time multiplayer action, verifiable player ownership of assets, and community-driven expansion, free from central server control.
Metaverse: Provides the infrastructure for building interoperable virtual worlds. Users can port their avatars, identities, and digital assets across different Somnia-powered experiences. This fosters a shared, interconnected metaverse ecosystem.
Decentralized social media (SocialFi): Enables social applications where users own their data and content. This creates new opportunities for creators to monetize their work directly and allows for censorship-resistant, community-governed platforms.
High-performance DeFi: The network's speed and low fees are suitable for building sophisticated financial applications, such as on-chain limit order books, offering the speed of centralized exchanges with the transparency and self-custody of DeFi.
The SOMI token
The native utility token of the network, SOMI, powers the ecosystem and provides governance functionality.
Transaction gas: SOMI is used to pay for all transactions and smart contract executions on the network, tying network activity directly to token demand.
Staking and security: Validators stake large amounts of SOMI to secure the network. Token holders can delegate their SOMI to validators to earn a share of the network rewards.
Governance: SOMI holders can participate in network governance by voting on proposals and future upgrades, ensuring community involvement in the protocol's evolution.
Deflationary model: 50% of transaction fees are burned, reducing the total supply over time and creating a deflationary pressure as network usage grows.
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