This time $BNB holders are really enjoying it 🤤🤤
1️⃣ What is Somnia? How has it been performing recently?
1) In simple terms, the project: You can think of it as a superhighway specifically built for the 'virtual world.' Current blockchains like Ethereum are like ordinary city roads, prone to traffic jams (slow transactions) and high tolls (expensive gas fees). Somnia, this superhighway, aims to let thousands of cars (user transactions) pass through at high speed simultaneously with almost no toll fees.
· Technical Highlights: It focuses on two key features: ultra-fast speed (processing 400,000 transactions per second, more than 6 times that of Solana) and ultra-low fees (less than 1 cent per transaction). This is a crucial foundation for applications that require real-time interaction, such as online games and virtual socializing.
2) Recent performance:
· Successfully launched: Somnia's mainnet officially started operations in August.
· Listing on major exchanges: Its token SOMI officially began trading on September 2 on Binance, the largest exchange in the world. This is a very important milestone, indicating that it has gained recognition from a top platform, significantly enhancing its liquidity.
· Excellent test results: Before its official launch, its testnet even set an astonishing record of over 1 million transactions per second, proving its technical potential.
· Price volatility: Like all newly listed tokens, SOMI experienced significant price fluctuations in the early stages. In the short term, it may correct due to early investors selling, but its long-term value depends on whether more people and projects truly use this 'highway.'
2️⃣What are Somnia's advantages? Why does it have potential?
Compared to several other well-known 'highways', Somnia's advantages are very clear:
1. vs. Ethereum: Faster and cheaper. Playing a game on Ethereum might require waiting several seconds for a transaction to be confirmed, with fees of several dollars. On Somnia, it is almost instantaneous, and the fees are negligible.
2. vs. Solana (SOL): More stable and faster. Solana is also fast, but it has experienced a few instances of complete congestion and paralysis (downtime) in the past. Somnia's new technical architecture aims to maintain high speed while being more stable. Additionally, its theoretical speed limit is much higher than Solana.
3. vs. BNB Smart Chain (BSC): Specializing in different areas. BSC is the core chain of the Binance ecosystem and has been very successful, but it does not match Somnia in absolute speed. Somnia focuses on fields with very high real-time requirements (games, metaverse) and is considered an expert in more specialized areas.
4. Developer-friendly: It is fully compatible with the Ethereum programming environment, which means developers on Ethereum can migrate their projects (games, applications) to Somnia with almost no cost, easily attracting ecosystem builders.
5. Token model: The total amount of SOMI tokens is fixed at 1 billion, with no further issuance. This deflationary model, if paired with strong future usage demand, will provide support for the price.
Circulating supply at listing: 160 million $SOMI (16.02% of the maximum token supply)
HODLer airdrop token total: 30 million $SOMI (3.00% of the maximum token supply)
3️⃣【Core Highlights】How do BNB holders benefit? What benefits does Binance offer?
This is the part that BNB holders care about the most. Binance has designed a series of carefully crafted mechanisms to make holding BNB more valuable. This is vividly reflected in the Somnia project:
- Free airdrop rewards (money for nothing!)💰
· What happened: Between August 12 and 16, as long as you held BNB in your account during those days, Binance automatically took a 'snapshot' of your holdings.
· What do you get: After the event ends, Binance distributes SOMI tokens as airdrop rewards for free based on the number of BNB you hold, proportionally. This means that just by holding BNB, you receive additional returns in the form of a new asset, completely 'earning while lying down.'
· What does this mean: This is Binance's most direct gift to BNB holders. Binance will continuously launch new projects like Somnia and frequently hold airdrop events for BNB holders. Holding BNB is equivalent to having a ticket to continuously participate in 'new stock offerings.'
- Transaction fee discounts (save money!)💵
· When trading any currency on Binance, including trading SOMI, if you pay transaction fees with BNB, you can enjoy a 25% discount. This saves you real costs when trading SOMI or other assets.
- Priority participation rights (grab the opportunity!)🏃♂️➡️
· Binance has platforms like Launchpad and Alpha specifically designed to help new projects issue tokens. BNB holders usually have the right to participate in these new projects early. Although Somnia launched directly this time, BNB holders will always have the earliest participation opportunities in similar high-potential projects in the future.
- A wealth of investment choices (money makes money!)💸
· Staking for interest: You can deposit BNB into various financial products on Binance, such as 'capital-protected earnings' or 'on-chain earnings.' In addition to earning interest on BNB itself, these products often serve as the conditions for receiving airdrop rewards (like this Somnia event).
· Ecological Synergy: Somnia itself is compatible with the BNB Smart Chain (BSC), and the two ecosystems may have deeper cooperation in the future. As a BNB holder, you can more easily participate in the development of these two ecosystems and capture more opportunities.
In summary, the benefits for BNB holders: as long as you hold BNB, you can regularly receive new project airdrops, save money on transactions, have priority investment rights in new projects, and have a wide range of wealth management channels. Binance is working hard to make BNB not just a token but a 'passport to privileges' filled with benefits.
🧩Conclusion
Somnia is a high-performance blockchain with a strong technical background and a clear development direction, and it has huge potential in its focused areas. Its choice to launch on Binance once again proves Binance's capability in selecting quality projects.
One of the biggest winners is the BNB holders. Binance shares the dividends of new project development directly with its core supporters through its strong platform effects and mature welfare mechanisms. Holding BNB is not just about holding a digital asset, but also holding a ticket to continuously share in the future growth of the crypto world.
@binance @BNBCHAIN @Somnia_Network
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BNB benefits on Binance:
binance.com/en/bnb
