sominia

Incredible energy on Binance CreatorPad! Over 43,687 creators stepped up to unlock a share of the 70,000 SOMI rewards pool in the Somnia Leaderboard Campaign! 🚀

#BinanceCreatorPad #sominia #Somnia #BinanceSquareTalks #web3gaming @Somnia Official $SOMI

#somi #Somnia #sominia network
please give suggestions long term target of somi network of this year or short term target of somi network of this year

Somi is an effective high-speed processing network, $SOMI core information summary - What is $SOMI ?

• Basic attributes: Somnia Network's native token, fixed supply of 1 billion tokens, supporting core economic activities such as network transactions, governance, staking, and participation rewards. @Somnia_Network

• Core uses:

1. Staking: Validators stake to run nodes, holders can delegate tokens to node providers.

2. Payments: All transactions on the network need to use it to pay gas fees.

3. Governance: It will be used for network decision-making processes in the future.

• Key design highlights:

◦ Deflationary design: 50% of gas fees are burned, and an increase in network usage will reduce the total supply, benefiting long-term holders.

◦ Gas discount mechanism: The more gas consumed by contracts and the higher the throughput (enjoying a 90% discount for over 400 TPS), the lower the unit gas cost, making it cheaper under load.

◦ Time-sharing storage: Supports permanent/temporary storage, short-term storage (such as 1 hour) enjoys a 90% discount, suitable for on-chain gaming and other scenarios.

◦ DDoS protection: Gas prices are dynamically adjusted with block delays, and when blocks exceed 95ms, validators can double the gas price, significantly increasing the cost of attacks. #sominia $SOMI