User Guide

This guide will walk you through staking and unstaking SOMI tokens using Lair's liquid staking service.

How to Stake SOMI

Step 1: Connect Your Wallet

1. Navigate to Lair.

2. Click "Connect Wallet" in the top right

3. Select your wallet provider

4. Approve the connection request

Step 2: Select stSOMI Service

1. From the main menu, navigate to (re)stake page (default landing page)

2. Browse available staking services

3. Click on stSOMI to access the staking interface

Step 3: Enter Staking Amount

1. Input the amount of SOMI you wish to stake

   • Minimum amount: 0.1 SOMI

   • Maximum amount: No limit

2. The interface will automatically calculate:

   • stSOMI tokens you'll receive

   • Estimated APY

Step 4: Review and Confirm

1. Review the transaction details:

   • Input: SOMI amount

   • Output: stSOMI amount

   • Exchange rate: Current ratio

2. Click "Stake" button

3. Confirm the transaction in your wallet

4. Wait for transaction confirmation

Step 5: Receive stSOMI

• stSOMI tokens will be automatically sent to your wallet

• You can view your balance in the interface

• Transaction hash will be provided for tracking

How to Unstake stSOMI

Step 1: Switch to Unstaking Mode

1. On the stSOMI interface, click the swap button (⇅)

2. The interface will switch from staking to unstaking mode

3. Token order will reverse (stSOMI → SOMI)

Step 2: Enter Unstaking Amount

1. Input the amount of stSOMI you wish to unstake

2. The interface will automatically calculate:

   • SOMI tokens you'll receive (principal + rewards)

   • Current exchange rate

   • Total accumulated rewards

Step 3: Confirm Unstaking

1. Review the transaction details:

   • Input: stSOMI amount

   • Output: SOMI amount (includes rewards)

   • Fee: 0.1% unstaking fee

2. Click "Unstake" button

3. The transaction requires two steps:

   • Step 1: Approve stSOMI spending

   • Step 2: Execute unstaking

4. Confirm both transactions in your wallet

Step 4: Receive SOMI

• After the unstaking period (24H), receive the unstaked SOMI + staking rewards together.

• You can receive them all by clicking the claim button below the unstaking window.

• You can see the unstaking process in the claiming page.