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).

Last updated