$SOMI

⚠️ Warning: A Misleading Narrative About SOMI

Some posts claim there is a “gap” between SOMI’s funding and its TVL — and use this to imply something suspicious.

This argument is fundamentally misleading for several reasons:

1. Confusing project funding with TVL

The $270M funding comes from Improbable, the company that actually built somnia.

Project funding is money used for development, infrastructure, R&D, partnerships, and scaling — not money that is meant to sit inside the protocol as TVL.

Asking “Why isn’t the $270M inside the TVL?” makes no sense.No serious tech company — especially a British company like Improbable — deposits its full investment capital into on-chain TVL. That is simply not how funding works.

2. SOMI launched TVL during a market downturn

SOMI introduced its TVL mechanism at a time when the overall market was declining.

In a downtrend, many users avoid locking tokens, even if yields are attractive, because:

• locking during a falling market can magnify losses

• investors prefer liquidity when volatility is high

• people wait for clearer market direction before committing assets

Therefore, initial TVL numbers in a bearish environment do not reflect project quality and should never be used as a standalone indicator.

3. Partnerships with major institutions undermine the “scam narrative”

Improbable and SOMI have collaborations with well-established institutions including SoftBank and Google Cloud.

It is unrealistic to suggest that companies of this scale — with rigorous due-diligence processes and global reputations — would partner with a project “scamming users.” Such allegations simply do not align with how major enterprises operate.

Conclusion

This entire “funding vs TVL gap” narrative is a weak and logically incorrect attempt to create fear.

It misrepresents how funding works, ignores market conditions, and overlooks the credibility of SOMI’s institutional partners.

Always evaluate claims critically and avoid narratives built on flawed assumptions.