Somnia
Somnia is a high-performance, cost-efficient EVM-compatible Layer 1 blockchain capable of processing over 1,000,000 transactions per second (TPS) with sub-second finality. It is suitable for serving millions of users and building real-time mass-consumer applications like games, social applications, metaverses, and more, all fully on-chain.
CRYPTECH fees: 0%
- Daily
0.00 STT
- Monthly
0.00 STT
- Yearly
0.00 STT
Validator address:
0xbba318294a51ddeafa50c335c8e77202170e1f272599a2edc40592100863f638
How To Stake Somnia
INSTALL THE FORBOLE EXTENSION
Install the Forbole extension in your browser (Chrome, Brave, or FireFox). Next, you need to create a new wallet, or connect an existing one. Don't forget to save your wallet keys in a safe place.
DELEGATE
DSMIn the Forbole extension, click on Delegate, in the next menu enter the number of tokens you want to delegate, click Next.
CONFIRM YOUR DELEGATION
Then, select CrypTech validator, and click Next. In the last menu, check all the specified information and click on Confirm. That's it! You have successfully delegated the voting power of your tokens.
About Somnia
Somnia Engagement Points
In Somnia, you can earn rewards for your promotional activities by earning engagement points. By contributing to the project, you can earn rewards that you can use as you see fit.
Somnia Project review
In this presentation, we discuss the key concepts behind the Somnia project. Proof-of-Engagement, Engagement Points, Oversight Community - after watching our video you will understand what these terms are :)
Frequently Asked Questions
↗ What is staking?
Staking is a substitute for mining, it allows users to get cryptocurrency without resorting to complex mathematical calculations. The meaning of such activity is to maintain the operation of the blockchain and the processes taking place inside it. For stimulating the network performance, the system issues a reward.
↘ What is Proof-of-Stake?
This algorithm assumes that the generation of new blocks is carried out not by the node that has done successful computational work, but by the one who owns a certain share of the cryptocurrency from its total number. For each new block that the validator created, a reward will be received.
↘ What it costs to you?
The costs depend on the network and the amount of cryptocurrency you stake.
↘ How to keep your assets safe?
Always use trusted wallets and enable two-factor authentication.
↘ Disclaimer
Staking involves risks, and returns are not guaranteed.
