Products
Open-source
Restaking
dApp
Enterprise Dashboard
Validators
Connect
On-Chain
DeFi
Solutions
Protocols
Company
Docs
Products
Solutions
Protocols
Company
Docs
Stake Somnia with Kiln, enterprise-grade staking
Somnia
What is Somnia?
Somnia is a high-throughput, EVM-compatible Layer 1 blockchain aiming to process over a million transactions per second with sub-second finality.
Its architecture is optimized for low transaction costs at scale, providing the necessary infrastructure for developing applications that demand high-frequency, real-time onchain interactions for a global user base.
By offering high scalability, low fees, and Ethereum compatibility, Somnia is designed to unify and power a vast “virtual society” of interoperable metaverse, NFT, and gaming experiences for millions of users.
What is staking?
Proof-of-Stake is a consensus algorithm that relies on a stake rather than a proof of work. This makes it more efficient and environmentally adapted. By offering a stake in the form of locked tokens into a smart contract. This stake is used to secure the chain and validate blocks.
By locking a protocol’s native tokens (i.e. SOMI) to give “validators” the right to secure a chain. Validators propose new blocks or attest other validators’ blocks, gaining rewards for doing so.
Why should you stake your assets?
Staking is one of the safest and most predictable ways to get rewarded in the crypto space as the value originates from the blockchain’s native currency inflation and a share of transaction fees. You help secure the network and get rewarded by staking your STT .
If you do not stake, your asset's token share will be diluted among other people’s tokens that are being staked and accumulating new tokens into the network.
You can stake your SOMI as well as other (d)PoS cryptocurrencies to:
- Put your treasury to work
- Diversify and earn, while contributing to blockchains decentralization
- Bring new opportunities by enabling your users to earn staking rewards
Why should you stake your SOMI with Kiln?
Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake SOMI, and to whitelabel SOMI staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data, and commission management.
Our clients can stake their tokens from our dashboard, a hardware wallet, a browser wallet, a B2B custodian, a crypto exchange, or just their favorite investment app. Kiln makes staking STT easy, secure, and accessible to everyone.
Kiln has been closely working with STT to make sure we provide the best staking experience as possible.
We are serving thousands of businesses worldwide so that everyone can securely and seamlessly:
- Excellent track record in staking on 40+ protocols, managing more than $16B in stakes.
- Trusted by industry leaders such as Ledger, Lido, Coinbase Cloud, Bitpanda, Crypto.com and many more!
- Non-custodial, work with your existing custodians solutions e.g. Ledger, Fireblocks
- SOC 2 Type II certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)
- Transparent monitoring – dashboards and APIs for real-time tracking of rewards
- 1
- 2
- 3