Operations Policy
Basics
Service name: Lair (stSOMI)
Network: Somnia
Token: stSOMI (yield‑bearing ERC‑20 style)
Initial exchange rate: 1 SOMI per 1 stSOMI (increases with compounding)
Stake/Unstake policy
Stake min: 0.1 SOMI
Stake max: None
Unstake min/max: None
Processing: Instant mint & redeem
Payout on redeem: Principal + accrued via exchange rate − 0.1% fee
Rewards policy
Claim: Regularly (at least daily or on user actions)
Fee: 10% of claimed rewards
Compound: 90% re‑staked
Rate update: Exchange rate increases after compounding
APY display
Based on daily exchange‑rate deltas; compounded to annual percentage yield (see APY page).
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