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        <title>Somnex | Somnia</title>
        <link>https://paragraph.com/@somnex-somnia</link>
        <description>Native One-stop DeFi on Somnia network, offers swap aggregator, perps, liquidity layer and meme launchpad.</description>
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            <link>https://paragraph.com/@somnex-somnia</link>
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        <copyright>All rights reserved</copyright>
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            <title><![CDATA[Somnex 2.0 Roadmap]]></title>
            <link>https://paragraph.com/@somnex-somnia/somnex-2-0-roadmap</link>
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            <pubDate>Mon, 17 Nov 2025 16:32:53 GMT</pubDate>
            <description><![CDATA[Somnex 2.0 introduces a major evolution across product experience, new DeFi functions, a strengthened growth flywheel, dApp performance, and liquidity infrastructure. This roadmap outlines the foundational pillars that will position Somnex as the fastest and most capital-efficient DeFi hub on Somnia.Will deliver over next 3 months, before Q1, 2026 endUI/UX Upgrade - A Faster, Cleaner, More IntuitiveA more intuitive DeFi environment that reduces friction and increases user engagement.Completel...]]></description>
            <content:encoded><![CDATA[<p><strong>Somnex 2.0</strong> introduces a major evolution across product experience, new DeFi functions, a strengthened growth flywheel, dApp performance, and liquidity infrastructure. This roadmap outlines the foundational pillars that will position Somnex as the fastest and most capital-efficient DeFi hub on Somnia.</p><blockquote><p><em>Will deliver over next 3 months, before Q1, 2026 end</em></p></blockquote><h3 id="h-uiux-upgrade-a-faster-cleaner-more-intuitive" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">UI/UX Upgrade - A Faster, Cleaner, More Intuitive</h3><p>A more intuitive DeFi environment that reduces friction and increases user engagement.</p><ul><li><p>Completely upgraded UI/UX focused on clarity, simplicity, and speed</p></li><li><p>Streamlined trading flows, improved portfolio analytics, and enhanced multi-tabs navigation</p></li><li><p>Fully optimized mobile experience with smoother interactions and better accessibility</p></li></ul><h3 id="h-data-architecture-rebuild-real-time-reliable-high-performance-data" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Data Architecture Rebuild - Real Time, Reliable, High-Performance Data</h3><p>Substantially faster load times, improved stability, and cleaner data accuracy across all modules.</p><ul><li><p>Rebuilt the entire dApp data-loading mechanism</p></li><li><p>Moved key data computations from front-end to a high-performance backend</p></li><li><p>Introduced a persistent WebSocket-based data stream for instant updates-Optimized indexing, compression, and caching for accelerated loading-Improved on-chain event sync for swaps, perps, lending, and LP positions</p></li></ul><h3 id="h-front-end-performance-upgrade-smooth-lightweight-stable" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Front-End Performance Upgrade - Smooth, Lightweight, Stable</h3><p>A noticeably faster, more responsive user experience — even under heavy activity.</p><ul><li><p>Reduced UI latency and significantly smoother rendering across all views</p></li><li><p>Enhanced browser caching strategies for near-instant reload experiences</p></li><li><p>Optimized memory usage to eliminate page lag and improve long-session stability</p></li></ul><h3 id="h-new-feature-lending-markets-the-foundation-of-somnexs-credit-layer" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">🆕 New Feature: Lending Markets — The Foundation of Somnex’s Credit Layer</h3><p>A complete money-market layer that supports advanced capital strategies and expands Somnex’s ecosystem utility.</p><ul><li><p>Introduction of a <strong>native interest-bearing lending and borrowing marketplace</strong></p></li><li><p>Users can <strong>deposit SOMI and multi-assets as collateral to borrow USDC</strong>, unlocking new liquidity paths</p></li><li><p>Deep integration with AMM + Perps, enabling borrowed capital to power leverage, LP, and trading strategies</p></li><li><p>Robust risk models and liquidation mechanisms designed to maintain system safety</p></li></ul><h3 id="h-new-feature-loop-leverage-amplified-liquidity-for-lps" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">🆕 New Feature: Loop — Leverage-Amplified Liquidity for LPs</h3><p>LPs get higher yield potential and Somnex gains deeper liquidity and stronger market competitiveness.</p><ul><li><p>A recursive leverage module enabling LPs to amplify their liquidity depth</p></li><li><p>Automatically re-enters positions with controlled leverage</p></li><li><p>Designed for stable, high-capital-efficiency pools</p></li></ul><h3 id="h-pre-tge-and-tge-execution-the-final-activation-of-the-somnex-ecosystem" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Pre-TGE &amp; TGE Execution — The Final Activation of the Somnex Ecosystem</h3><p>A strong, well-supported token launch that aligns early users, LPs, and partners for long-term growth.</p><ul><li><p>Roll out an innovative Pre-TGE mechanism enabling community to secure $SOMX before the public launch, helping build a stronger liquidity base for TGE.</p></li><li><p>TGE rollout with <strong>airdrop distribution</strong> for points holders, NFT holders, and key contributors</p></li><li><p>Exchange listings and liquidity bootstrapping across targeted venues</p></li><li><p>Coordinated marketing and ecosystem activation to maximize visibility and adoption</p></li></ul><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/">Somnex Dapp</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/SomnexXYZ">X</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.gg/Gn6rcutHjT">Discord</a></p>]]></content:encoded>
            <author>somnex-somnia@newsletter.paragraph.com (Somnex | Somnia)</author>
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        <item>
            <title><![CDATA[Somnex ($SOMX) Token Presale: Details and Allocation Process]]></title>
            <link>https://paragraph.com/@somnex-somnia/somnex-somx-token-presale-details-and-allocation-process-2</link>
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            <pubDate>Wed, 15 Oct 2025 02:16:12 GMT</pubDate>
            <description><![CDATA[After months of development, testing, and on-chain experimentation, the $SOMX Presale marks the most important milestone yet, the moment our vision of a unified, transparent, and community-driven DeFi hub goes live. Somnex Presale is live now: https://somnex.xyz/#/somx SOMX is more than another token; it&apos;s a self-sustaining ecosystem where liquidity, NFTs, and governance work in sync. Built on Somnia mainnet, Somnex fuses real yield with meme-market creativity, Swap aggregation, and a fu...]]></description>
            <content:encoded><![CDATA[<p>After months of development, testing, and on-chain experimentation, the <strong>$SOMX Presale</strong> marks the most important milestone yet, the moment our vision of a unified, transparent, and community-driven DeFi hub goes live.</p><p><strong>Somnex Presale</strong> is live now: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/#/somx">https://somnex.xyz/#/somx</a></p><p><code>SOMX</code> is more than another token; it&apos;s a <strong>self-sustaining ecosystem</strong> where liquidity, NFTs, and governance work in sync. Built on <strong>Somnia mainnet</strong>, Somnex fuses real yield with meme-market creativity, Swap aggregation, and a fully on-chain perpetual DEX. Every component, from the <strong>Points Campaign</strong> to the <strong>Genesis Pass NFTs</strong>, is designed to reward authentic activity, not speculation.</p><p>The presale gives early supporters a once-only opportunity to secure <strong>$SOMX</strong> at its base launch price before the Token Generation Event (TGE). With structured vesting, capped emissions, and automatic staking, it’s engineered to balance reward with sustainability.</p><p>This moment isn’t just about raising funds, it’s about building foundations. Each presale participant becomes part of Somnex’s core economy:</p><ul><li><p><strong>Earn and stake</strong> with transparent and emission rewards.</p></li><li><p><strong>Own your influence</strong> through Genesis Pass NFT-based boosts and DAO participation.</p></li><li><p><strong>Shape the next frontier</strong> of decentralized liquidity and meme markets on Somnia Network.</p></li></ul><p>Join the SOMX presale to secure the lowest entry price, stack early-bird and NFT boosts, and lock in transparent, on-chain vesting. The presale uses dynamic tiered pricing, burns all unsold and unused rewards, and powers a unified DeFi–NFT–governance economy on Somnia.</p><h3 id="h-quick-facts-what-matters-now" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Quick Facts (What matters now)</strong></h3><ul><li><p>Network: Somnia mainnet.</p></li><li><p>Accepted token: SOMI only.</p></li><li><p>Minimum 50 SOMI, maximum 100,000 SOMI per wallet.</p></li><li><p>Allocation: 10% of total supply (100M SOMX).</p></li><li><p>All unsold and unused reward tokens are permanently burned.</p></li><li><p>Price: Starts at 0.025 SOMI with 5% price increases per tier as raise progresses.</p></li><li><p>Vesting: 25% at TGE, 75% linear over 120 days. Claims via Somnex dApp.</p></li><li><p>Early boosts: Up to +5% early-bird bonus (decreasing by tier) and up to +10% NFT-based bonus via Genesis Pass.</p></li><li><p>Hard cap: 2,500,000 SOMI; presale auto-closes at cap. No oversubscription.</p></li><li><p>These parameters are enforced by verified, on-chain contracts with immutable vesting and automatic burns.</p></li></ul><h3 id="h-what-is-somx" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>What Is SOMX?</strong></h3><p>SOMX is the native utility token of Somnex: stake to earn, access premium tools and events, participate in DAO decisions, and join curated partner rounds. The token has no tax, no mint, and burn support, and disables blacklist at launch for fair and transparent usage. Snapshot compatibility enables governance and community signaling at scale.</p><h3 id="h-presale-overview" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Presale Overview</strong></h3><ul><li><p>Token: Somnex Token (SOMX)</p></li><li><p>Network: Somnia Mainnet</p></li><li><p>Total Supply: 1,000,000,000 SOMX</p></li><li><p>Presale: 10% (100,000,000 SOMX)</p></li><li><p>Initial Price: 0.025 SOMI</p></li><li><p>Soft Cap: 200,000 SOMI (≈8% of hard cap)</p></li><li><p>Hard Cap: 2,500,000 SOMI</p></li><li><p>Duration: 30 days or until sold out</p></li><li><p>Claim Period: Within 15 days after presale ends</p></li><li><p>Unlock Mechanism: 25% at TGE + 75% linear vesting over 120 days</p></li><li><p>Burn Policy: All unsold tokens and unused reward reserves are permanently burned at presale end.</p></li></ul><h3 id="h-token-features-security-by-design" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Token Features (Security by Design)</strong></h3><ul><li><p>No Mint: Supply is fixed at genesis.</p></li><li><p>Burn: Unsold and unused allocations are burned to protect holders.</p></li><li><p>No Tax: Zero transfer tax, no hidden fees.</p></li><li><p>Blacklist Disabled: Fair market participation at launch.</p></li><li><p>Decimals: 18</p></li><li><p>Snapshot Ready: Governance and eligibility snapshots supported.</p></li></ul><h3 id="h-dynamic-tier-based-pricing" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Dynamic Tier-Based Pricing</strong></h3><p>The presale uses a progressive model that rewards early participants. Each tier increases the SOMX price by 5% from the previous tier. If a purchase crosses tiers, it is automatically split to ensure exact pricing by tranche. The total SOMX distribution at hard cap is approximately 90.38M SOMX against 2.5M SOMI raised.</p><h3 id="h-key-tiers" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Key tiers:</strong></h3><ul><li><p>≤10% raised: 0.02500 SOMI → 10,000,000 SOMX</p></li><li><p>10–30% raised: 0.02625 SOMI → 19,047,619 SOMX</p></li><li><p>30–50% raised: 0.02756 SOMI → 18,142,235 SOMX</p></li><li><p>50–100% raised: 0.02894 SOMI → 43,192,813 SOMX</p></li></ul><h3 id="h-early-bird-bonus-structure" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Early-Bird Bonus Structure</strong></h3><p>Early buyers earn extra SOMX that vest on the same schedule as their main allocation. Bonuses apply automatically based on presale progress when the purchase is made.</p><ul><li><p>Tier 1 (≤10% raised): +5% SOMX</p></li><li><p>Tier 2 (10–30%): +2.5% SOMX</p></li><li><p>Tier 3 (30–50%): +1.2% SOMX</p></li><li><p>After 50%: No bonus</p></li></ul><h3 id="h-genesis-pass-nft-boosts" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Genesis Pass NFT Boosts</strong></h3><p>When we first introduced the Somnex Genesis Pass, we promised that holders would receive exclusive presale discounts. As the ecosystem evolved and the presale model became more advanced, we restructured this mechanic not to reduce rewards, but to make them fairer, simpler, and fully on-chain.</p><p>Instead of an off-chain discount applied at purchase, your Genesis Pass now gives you an on-chain bonus, automatically added to your presale SOMX allocation. The reward outcome is equivalent (and often better) than a discount, but it’s transparent, trackable, and directly tied to your wallet’s NFT holdings at the time of the presale.</p><p><strong>Mint NFT to boost your presale bonus</strong> → <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="">https://somnex.xyz/#/nft</a></p><p><strong>Here’s how it works:</strong></p><p>Genesis Pass holders receive an additional bonus based on NFT weights, capped at +10%:</p><ul><li><p>Silver: 1.2× weight</p></li><li><p>Gold: 2.5× weight</p></li><li><p>Platinum: 4× weight</p></li></ul><p>Bonus Rate = (Total NFT Weight ÷ 10), capped at +10%</p><p>Example: Holding 10 Silver, 3 Gold, 5 Platinum yields weight 39.5 → +3.95% bonus applied to total presale SOMX purchased by the connected wallet.</p><h3 id="h-vesting-and-claiming" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Vesting and Claiming</strong></h3><ul><li><p>Presale Buyers: 25% at TGE, 75% linear over 120 days</p></li><li><p>Genesis Pass Airdrop: 25% at TGE, 75% linear over 120 days</p></li><li><p>Points Airdrop: 100% linear over 120 days</p></li><li><p>Claims are executed via the Somnex dApp and secured by immutable vesting logic on-chain.</p></li></ul><h3 id="h-deflationary-mechanics" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Deflationary Mechanics</strong></h3><p>To protect long-term value:</p><ul><li><p>Burn of all unsold tokens</p></li><li><p>Burn of unused reward reserves</p></li><li><p>No further minting ever</p></li><li><p>These design choices establish a decreasing supply trajectory as the ecosystem grows.</p></li></ul><h3 id="h-tokenomics" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Tokenomics</strong></h3><ul><li><p>Incentive Pool: 40% — linear over 40 months</p></li><li><p>Boost Airdrop: 10% — Points 100% linear (120d), NFT 25% TGE + 75% linear (120d)</p></li><li><p>Presale: 10% — 25% at TGE + 75% linear (120d)</p></li><li><p>Treasury Fund: 20% — linear over 24 months</p></li><li><p>Team: 15% — 3-month cliff, then linear over 24 months.</p></li></ul><h3 id="h-utility-and-governance" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Utility and Governance</strong></h3><p>SOMX connects staking yields, premium access to Somnex tools and events, DAO voting, and participation in vetted partner rounds. Snapshot-ready governance supports trust-minimized decision-making and community inclusion at scale.</p><h3 id="h-security-and-transparency" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Security and Transparency</strong></h3><ul><li><p>Verified smart contracts</p></li><li><p>Immutable vesting logic</p></li><li><p>Automatic burns for unsold/unused allocations</p></li><li><p>Dynamic pricing enforced on-chain</p></li><li><p>Snapshot-enabled governance</p></li><li><p>Every parameter is visible and auditable on-chain for maximum transparency.</p></li></ul><h3 id="h-how-to-join" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>How to Join</strong></h3><ul><li><p>Visit the Somnex presale portal</p></li><li><p>Connect a EVM-compatible wallet</p></li><li><p>Go to the SOMX Presale tab</p></li><li><p>Deposit SOMI (min 50, max 75,000)</p></li><li><p>Monitor your progress, bonuses, and NFT boosts</p></li><li><p>Claim vested tokens after TGE within the claim window</p></li></ul><h3 id="h-key-dates" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Key Dates</strong></h3><ul><li><p>Presale Launch: October 15th</p></li><li><p>Duration: ~30 days or until sold out</p></li><li><p>Token Generation Event (TGE): Within 30 days after presale ends</p></li><li><p>Claim Live: Within 15 days post-TGE</p></li><li><p>Vesting: 120 days linear for presale and NFT airdrop; 120 days linear for points airdrop (no TGE unlock).</p></li></ul><h3 id="h-why-join-the-somx-presale" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Why Join the SOMX Presale</strong></h3><ul><li><p>Lowest entry before listings via tiered pricing</p></li><li><p>Early-bird purchase bonuses</p></li><li><p>Additional NFT boosts for Genesis Pass holders</p></li><li><p>Transparent, immutable vesting</p></li><li><p>Deflationary tokenomics designed to reward long-term contributors</p></li></ul><p><strong>Final Word from the Somnex Team</strong></p><p>SOMX is built to be useful from day one, with fair launch principles, dynamic pricing, and verifiable on-chain protections. The presale is not only a purchase, it&apos;s an invitation to shape the future of Somnex with staking, NFT-driven utility, and governance that puts the community first. Be early. Be verified. Be Somnex.</p><p>👉 Join the presale now at<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/#/somx"> https://somnex.xyz/#/somx</a></p><p>🧭 <strong>Stay Connected</strong></p><p>🌐 Website:<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/#/somx"> https://somnex.xyz</a></p><p>💬 Discord:<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.gg/Vb2BC2yrsC"> https://discord.gg/Vb2BC2yrsC</a></p><p>🐦 Twitter/X:<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/SomnexXYZ"> https://x.com/SomnexXYZ</a></p>]]></content:encoded>
            <author>somnex-somnia@newsletter.paragraph.com (Somnex | Somnia)</author>
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            <title><![CDATA[A Complete Guide to Somnex Liquidity Pools: Perp (SPLP), V2, and V3]]></title>
            <link>https://paragraph.com/@somnex-somnia/a-complete-guide-to-somnex-liquidity-pools-perp-splp-v2-and-v3</link>
            <guid>3AlvU2ZlXqWzNZrEGIlb</guid>
            <pubDate>Wed, 01 Oct 2025 13:48:23 GMT</pubDate>
            <description><![CDATA[Somnex is built around three main types of liquidity pools: Perp Pools (SPLP), V2 AMM Pools, and V3 AMM Pools. Each pool has a different structure, risk profile, and reward mechanism. Understanding how they work is key to making the most of Somnex’s DeFi ecosystem. This guide breaks down each pool type, how to provide liquidity, how you earn yield, and how to manage positions from the Somnex Dashboard.1. Perp Pools (SPLP) - Stable Yield from PerpetualsHow They WorkPerp Pools are the backbone ...]]></description>
            <content:encoded><![CDATA[<p><strong>Somnex</strong> is built around three main types of liquidity pools: <strong>Perp Pools (SPLP)</strong>, <strong>V2 AMM Pools</strong>, and <strong>V3 AMM Pools</strong>. Each pool has a different structure, risk profile, and reward mechanism. Understanding how they work is key to making the most of Somnex’s DeFi ecosystem.</p><p>This guide breaks down each pool type, how to provide liquidity, how you earn yield, and how to manage positions from the <strong>Somnex Dashboard</strong>.</p><h2 id="h-1-perp-pools-splp-stable-yield-from-perpetuals" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>1. Perp Pools (SPLP) - Stable Yield from Perpetuals</strong></h2><h3 id="h-how-they-work" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>How They Work</strong></h3><p>Perp Pools are the backbone of Somnex’s perpetual markets. Instead of depositing a token pair, you deposit a single stablecoin (<strong>USDC or USDT</strong>) and receive <strong>SPLP</strong> tokens in return.</p><ul><li><p><strong>Single-sided deposits:</strong> Only one asset USDC or USDT required.</p></li><li><p><strong>No lock-ups:</strong> Withdraw anytime after a short ~15 minute cooldown from your deposit.</p></li><li><p><strong>Auto-compounding:</strong> Fees from perp trading are streamed into the pool and reflected in SPLP’s value, no need to manually claim.</p></li></ul><blockquote><p>When traders open leveraged positions, they borrow liquidity from these pools. Utilization of the pool determines the level of fees generated, which are distributed to SPLP holders.</p></blockquote><h3 id="h-adding-liquidity" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Adding Liquidity</strong></h3><p>1. Go to <strong>Pools → + Add Liquidity → Perp</strong>.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/251359091d3ed90f0e4d441920035e940ef633b67466f2ff522a30ea8031d4f6.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>2. Select the USDC or USDT pool.</p><p>3. Review the <strong>APR</strong> and your entry.</p><p>4. Approve your stablecoin, confirm the transaction, and receive SPLP.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/10fd0de51c730b72ecd90c9a0a22e66e00a3309d5d05017c53438d298a58a7bd.jpg" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>5. Track your position in <strong>Dashboard → Pools → Perp Pools</strong>.</p><h3 id="h-understanding-splp" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Understanding SPLP</h3><p>When you deposit into a Perp Pool, you receive <strong>SPLP</strong></p><ul><li><p><strong>Deposit stables → Mint SPLP.</strong></p></li><li><p><strong>Withdraw stables → Burn SPLP.</strong></p></li><li><p><strong>SPLP grows in value</strong> as trading fees accumulate in the pool.</p></li></ul><p>This makes SPLP a simple, auto-compounding stablecoin yield vehicle.</p><h3 id="h-best-for" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Best For</strong></h3><p>Users who want <strong>passive, low-risk stablecoin yield</strong> without dealing with impermanent loss.</p><h2 id="h-2-v3-amm-pools-concentrated-liquidity" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>2. V3 AMM Pools - Concentrated Liquidity</strong></h2><h3 id="h-how-they-work" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>How They Work</strong></h3><p>V3 pools let liquidity providers deploy funds only within chosen <strong>price ranges</strong>. This is known as <strong>concentrated liquidity</strong>. By narrowing liquidity bands, you earn more fees per liquidity provided if the trading price stays inside your chosen range.</p><ul><li><p><strong>Customizable ranges:</strong> From narrow (+/-5%) to wide or even full-range.</p></li><li><p><strong>Fee tiers:</strong> 0.05%, 0.3%, 0.5%, and 1%, depending on volatility.</p></li><li><p><strong>Capital efficiency:</strong> Small amounts of liquidity can generate outsized fee income.</p></li></ul><p>Positions are NFT-style entries on-chain that record your price range and liquidity.</p><h3 id="h-adding-liquidity" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Adding Liquidity</strong></h3><p>1. Navigate to <strong>Pools → + Add Liquidity</strong> and select <strong>V3</strong>.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/afa7c174ad743b28da695b253a3374bac7dd72029dfb300682f163af4e0f7ce7.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>2. Choose a pair (e.g., SOMI/USDC.e) and fee tier.</p><p>3. Pick a price range (start with “Common ±10%” if unsure).</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/04a8c065c3aec55637cdd7f424807c68fe4c16b7afd4c87b3d7a2c26ce0c8362.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>4. Enter token amounts, approve, and confirm.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/4f28f411bfe26504650c24df1cd5d907c2c719a9513254315dc50c91f57ed833.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/ab03576ef342a12363159fb70e6fd9cf99744213e96027614fa10cde68a462cc.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>5. Monitor your position in <strong>Dashboard → AMM Pools → V3</strong>.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/b627c9d848642abe2430abff2674551426391dd5bdd2bb4b1b28195918a3707a.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/27ded594c6bc5d3119f890ec4635112fdbc699eebbd1c6b006538404a565b35c.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><h3 id="h-risks" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Risks</strong></h3><ul><li><p><strong>Range-out risk:</strong> If price leaves your band, liquidity becomes inactive (no fees).</p></li><li><p><strong>Impermanent loss (IL):</strong> You may end up holding more of the underperforming asset if price trends.</p></li><li><p><strong>Active management required:</strong> Positions need rebalancing.</p></li></ul><h3 id="h-best-for" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Best For</strong></h3><p>Advanced users who want to <strong>maximize capital efficiency</strong> and are comfortable managing positions actively.</p><h2 id="h-3-v2-amm-pools-classic-5050" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>3. V2 AMM Pools - Classic 50/50</strong></h2><h3 id="h-how-they-work" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>How They Work</strong></h3><p>V2 pools are the traditional <strong>constant-product AMM</strong> (x·y = k). Liquidity is spread across the entire price curve. You deposit two tokens <strong>50/50 by value</strong> and earn a share of all trading fees in the pool.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/8643d3966589a042df4f1401bb4dc430e1434db3f019dfacc173d9230cbca365.jpg" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><ul><li><p><strong>Full-range liquidity:</strong> Always active, no need to manage ranges.</p></li><li><p><strong>Simple structure:</strong> Ideal for beginners and meme tokens.</p></li><li><p><strong>Lower fee density:</strong> Compared to V3, since liquidity is always spread thinly.</p></li></ul><h3 id="h-adding-liquidity" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Adding Liquidity</strong></h3><p>1. Go to <strong>Pools → + Add Liquidity</strong> and select <strong>V2</strong>.</p><p>2. Select a pair (e.g., SOMI/USDC.e).</p><p>3. Deposit equal values of both tokens (50/50).</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/fa747650cd3fd60bd7da46f758d42f8c57ac6aae746ebb3a71725c8d9498f3b1.jpg" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>4. Approve and confirm the transaction.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/44c60b9773f7ce4670cabab833bae2fabf81e6ae1678a3016c68503b7cf095da.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>5. Track your LP tokens and share of the pool in the <strong>Dashboard</strong>.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/708d1bccb584e026f25b30b1ca8c7f9fb75fade94c0b9aca4a65c4dfe6a38745.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><h3 id="h-risks" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Risks</strong></h3><ul><li><p><strong>Impermanent loss</strong> and <strong>Market volatility:</strong> High exposure to token price swings.</p></li></ul><h3 id="h-best-for" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>Best For</strong></h3><p>Users who want <strong>set-and-forget exposure</strong> without managing price ranges, and are comfortable with IL.</p><h2 id="h-choosing-between-perp-v2-and-v3" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Choosing Between Perp, V2, and V3</strong></h2><ul><li><p><strong>Perp Pools (SPLP):</strong> Best for stable, passive income in USDC or USDT.</p></li><li><p><strong>V2 Pools:</strong> Best for long-term exposure and simplicity.</p></li><li><p><strong>V3 Pools:</strong> Best for advanced LPs who want to actively manage liquidity for higher returns.</p></li></ul><h2 id="h-final-thoughts" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Final Thoughts</strong></h2><p>Somnex offers a layered liquidity design - Perp Pools for stability, V2 for simplicity, and V3 for precision. The <strong>Dashboard</strong> makes it easy to monitor all positions, from PnL in Perp Pools to range status in V3.</p><p>As with all DeFi activity, yields are real but so are risks: impermanent loss, and volatility. Start small, learn the mechanics, and gradually scale as you grow comfortable with the system.</p><p><strong>In short:</strong></p><ul><li><p><strong>SPLP</strong> = passive stablecoin yield.</p></li><li><p><strong>V2</strong> = always-on, simple AMM exposure.</p></li><li><p><strong>V3</strong> = capital-efficient, actively managed liquidity.</p></li></ul><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/">Somnex Mainnet</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/SomnexXYZ">Twitter</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.gg/Gn6rcutHjT">Discord</a></p>]]></content:encoded>
            <author>somnex-somnia@newsletter.paragraph.com (Somnex | Somnia)</author>
            <enclosure url="https://storage.googleapis.com/papyrus_images/3c82b7d5eb4148093d3ad8358829ed655ed9b6dc1c745ac0914a84dcee4627ba.png" length="0" type="image/png"/>
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            <title><![CDATA[Introducing the Somnex Genesis Pass
]]></title>
            <link>https://paragraph.com/@somnex-somnia/introducing-the-somnex-genesis-pass</link>
            <guid>BcgahsV3Cz9aGG6ewccS</guid>
            <pubDate>Mon, 15 Sep 2025 05:54:46 GMT</pubDate>
            <description><![CDATA[With the successful launch of the Somnex on mainnet, our platform is now live. This marks a significant milestone, but it is only the beginning. True growth comes from a dedicated and aligned community, and the Genesis Pass is our first step in building that foundation. We created the Genesis Pass not as a simple collectible, but as a core component of the Somnex experience. It’s a tool that recognizes and rewards your on-chain activity. It gives you a voice in our future. For those who belie...]]></description>
            <content:encoded><![CDATA[<p>With the successful launch of the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/"><strong>Somnex</strong></a><strong> on mainnet</strong>, our platform is now live. This marks a significant milestone, but it is only the beginning. True growth comes from a dedicated and aligned community, and the <strong>Genesis Pass</strong> is our first step in building that foundation.</p><p>We created the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/#/nft"><strong>Genesis Pass</strong></a> not as a simple collectible, but as a core component of the Somnex experience. It’s a tool that recognizes and rewards your <strong>on-chain activity</strong>. It gives you a voice in our future. For those who believe in our mission, the Pass is your way to become a true stakeholder in the ecosystem you help create.</p><blockquote><p><strong>Mint Now:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/#/nft">https://somnex.xyz/#/nft</a></p></blockquote><h2 id="h-executive-summary" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Executive Summary:</h2><ul><li><p><strong>What It Is:</strong> The Somnex Genesis Pass is a limited collection of utility NFTs designed to reward and empower our earliest supporters following the launch of the Somnex on mainnet.</p></li><li><p><strong>What It Does:</strong> Each Pass directly enhances your experience by boosting your points, guaranteeing a future token airdrop, granting governance rights, and providing exclusive access to discounts and community perks.</p></li><li><p><strong>Who It&apos;s For:</strong> The collection is for active Somnex community members: traders, liquidity providers, and builders who want to maximize their impact and play a foundational role in the Somnex growth.</p></li></ul><h2 id="h-the-value-of-holding-a-genesis-pass" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">The Value of Holding a Genesis Pass</h2><p>Owning a <strong>Genesis Pass</strong> provides a clear set of advantages, both immediate and long-term. Holders are recognized as foundational members of our community and are equipped with tools to amplify their contributions.</p><p>Here are the concrete benefits you receive:</p><h3 id="h-1-somx-mainnet-points-multiplier" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">1. SOMX Mainnet Points Multiplier</h3><p>Every action you take on the Somnex mainnet earns you points (Points campaign). The Genesis Pass multiplies those points, accelerating your progress in our rewards campaign. The boost from each Pass you hold stacks, up to a maximum multiplier.</p><p><strong>How Points Are Calculated:</strong></p><ul><li><p>Final Points = Base Points × (1 + Boost)</p></li><li><p>Boost = 0.03 × (Total Weighted NFT Boost)</p></li><li><p>Boost is capped at 3× maximum</p></li></ul><p><strong>NFT Boost Weights</strong></p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/19b88379015a69cc4666f1e108880b4031901e1e765f85fe5c928e4e5cb03d85.png" alt="NFT Boost Weights" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">NFT Boost Weights</figcaption></figure><p><strong>How to Calculate Boost</strong></p><ol><li><p>Multiply the number of each pass by its weight.</p></li><li><p>Add them all up → this is your Total Weighted NFT Boost.</p></li><li><p>Multiply that by 0.03 → this is your Boost.</p></li><li><p>Plug into the formula: <strong>Final Points = Base Points × (1 + Boost)</strong></p></li></ol><p><strong>Example Wallet</strong></p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/b02a877221d10cfcef4c937d55867aa226bc9d123650c3b9d69b4bc94dfbc1bb.png" alt="Example Wallet" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Example Wallet</figcaption></figure><ul><li><p><strong>Boost</strong> = 0.03 × 32.5 = 0.975</p></li><li><p><strong>Final Points</strong> = Base Points × (1 + 0.975) = Base Points × 1.975</p><blockquote><p><strong>Example:</strong> If you collect 5000 points through Points campaign= 5,000 → Final Points = 5,000 × 1.975× = 9875 Final Points</p></blockquote></li></ul><h3 id="h-2-guaranteed-token-airdrop" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">2. Guaranteed Token Airdrop</h3><p>Every Genesis Pass holder is guaranteed a share of our future <strong>SOMX airdrop</strong>, which will occur after the Token Generation Event (TGE). The size of your allocation will be determined by the quantity and tier of the Passes you hold, with higher tiers receiving a greater share: Platinum &gt; Gold &gt; Silver.</p><h4 id="h-genesis-pass-airdrop-allocation" class="text-xl font-header !mt-6 !mb-3 first:!mt-0 first:!mb-0"><strong>Genesis Pass Airdrop Allocation</strong></h4><ul><li><p><strong>Total tokens allocated:</strong> 25,000,000 SOMX (2.5% total supply) <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.somnex.xyz/overview/tokenomics">Tokenomics</a></p></li><li><p><strong>Weighting system:</strong> Silver = 1.2×, Gold = 2.5×, Platinum = 4×</p></li></ul><h4 id="h-example-distribution" class="text-xl font-header !mt-6 !mb-3 first:!mt-0 first:!mb-0"><strong>Example distribution</strong></h4><ul><li><p>Supply: 5,000 Silver / 10,000 Gold / 2,000 Platinum</p></li><li><p>Total weights = (5,000×1.2) + (10,000×2.5) + (2,000×4) = <strong>39,000</strong></p></li></ul><h4 id="h-token-per-weight" class="text-xl font-header !mt-6 !mb-3 first:!mt-0 first:!mb-0"><strong>Token per Weight</strong></h4><p>25,000,000 ÷ 39,000 ≈ <strong>641.03 SOMX per weight</strong></p><h4 id="h-approximate-airdrop-per-nft" class="text-xl font-header !mt-6 !mb-3 first:!mt-0 first:!mb-0"><strong>Approximate Airdrop per NFT</strong></h4><ul><li><p>Silver (1.2×): <strong>≈ 769.24 SOMX</strong> per NFT</p></li><li><p>Gold (2.5×): <strong>≈ 1602.58 SOMX</strong> per NFT</p></li><li><p>Platinum (4×): <strong>≈ 2564.12 SOMX</strong> per NFT</p></li></ul><p><strong>Note: The airdrop ratio will only be available during the official NFT mint campaign and will be adjusted in real time based on SOMX price fluctuations after TGE.</strong></p><h3 id="h-3-presale-discount-access" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">3. Presale Discount Access</h3><p>Your on-chain activity and Genesis Pass holdings will determine your eligibility for discounts in our upcoming presale. The more you engage with the Somnex and the stronger your Pass collection, the better your discount tier will be.</p><h3 id="h-4-tiered-governance-rights" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">4. Tiered Governance Rights</h3><p>The Genesis Pass is your entry into Somnex governance. We believe those most invested in the protocol should have a say in its direction.</p><ul><li><p><strong>Platinum Pass:</strong> 2 votes per Pass + The right to create new governance proposals.</p></li><li><p><strong>Gold Pass:</strong> 1 vote per Pass.</p></li><li><p><strong>Silver Pass:</strong> No voting or proposal rights.</p></li></ul><h3 id="h-5-exclusive-community-perks" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">5. Exclusive Community Perks</h3><p>Holders gain access to private, role-gated channels in our Discord server, creating a direct line of communication with the team and fellow holders. You will also be among the first to test new features and receive priority access to future partner collaborations.</p><h2 id="h-mint-details" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Mint Details</h2><ul><li><p><strong>Collection:</strong> Somnex Genesis Pass</p></li><li><p><strong>Chain:</strong> Somnia</p></li><li><p><strong>Token Standard:</strong> ERC-721</p></li><li><p><strong>Total Supply:</strong> 17,000 Passes</p><ul><li><p><strong>Silver Pass:</strong> 5,000 | 25 USDC.e</p></li><li><p><strong>Gold Pass:</strong> 10,000 | 45 USDC.e</p></li><li><p><strong>Platinum Pass:</strong> 2,000 | 75 USDC.e</p></li></ul></li><li><p><strong>Mint Window:</strong> The mint is now live: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/#/nft">https://somnex.xyz/#/nft</a></p></li><li><p>Fully tradeable at any time, as it follows the ERC-721 standard, and will soon be listed on NFT Marketplaces</p></li><li><p><strong>Allowlist:</strong> This is a public mint, open to all.</p></li><li><p><strong>Wallet Cap:</strong> 200 Passes total per wallet (across all tiers), (Max boost: 3x).</p></li><li><p><strong>Contract Address</strong></p><ul><li><p><strong>Silver Pass:</strong> <code>0x7936F62239cf97f04EFC6382c11Ed54a0E196Ca2</code></p></li><li><p><strong>Gold Pass:</strong> <code>0x976B0451E7EAFbf4383149406Cd80Eb28aA32d7B</code></p></li><li><p><strong>Platinum Pass:</strong> <code>0x58D6854FbC96b3a8E3907da41EC2c2E620894e9d</code></p></li></ul></li><li><p><strong>Supported Wallets:</strong> You can mint using MetaMask, Rabby Wallet, or any wallet that supports WalletConnect.</p></li></ul><h2 id="h-how-to-mint-your-genesis-pass" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">How to Mint Your Genesis Pass</h2><p>Follow these steps to acquire your Pass:</p><ol><li><p><strong>Prepare Your Wallet:</strong> Ensure you have a compatible EVM wallet (like MetaMask) installed and funded with enough USDC.e to cover the mint price plus a small “$SOMI” amount to cover fees.</p></li><li><p><strong>Visit the Official Mint Site:</strong> Navigate to our secure <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/#/nft">minting page</a> . Please double-check that the URL is correct to avoid scams.</p></li><li><p><strong>Connect Your Wallet:</strong> Click the &quot;Connect Wallet&quot; button on the page and approve the connection request in your wallet&apos;s pop-up window.</p></li><li><p><strong>Select Your Passes:</strong> Choose the quantity and tier of the Genesis Passes you wish to mint. The total cost will be displayed.</p></li><li><p><strong>Confirm the Transaction:</strong> Click the &quot;Mint&quot; button. Your wallet will ask you to confirm the transaction, showing the total cost and the estimated gas fee.</p></li><li><p><strong>Receive Your NFT:</strong> Once you approve, the transaction will be sent to the network. After it is confirmed, the Genesis Pass NFT(s) will appear in your wallet.</p></li></ol><h2 id="h-what-comes-next" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">What Comes Next:</h2><p>The Genesis Pass mint is the start of our community-driven growth phase. Here’s what to expect in the near future:</p><ul><li><p><strong>Phase 1 (Current):</strong> With the mint live and the points campaign live. Use your Pass to maximize your points score and climb the leaderboard.</p></li><li><p><strong>Phase 2: Presale Access:</strong> At the conclusion of the points campaign, we will announce the tiered presale discounts for all Genesis Pass holders.</p></li><li><p><strong>Phase 3: Token Generation Event (TGE) &amp; Airdrop:</strong> The official Somnex token will launch, and the guaranteed airdrop for Pass holders will be distributed.</p></li><li><p><strong>Phase 4:</strong> Formal Launch of Somnex DAO Governance.</p></li></ul><h2 id="h-become-a-foundational-member-of-somnex" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Become a Foundational Member of Somnex</h2><p>The Genesis Phase is a unique opportunity to get in on the ground floor and become a core part of our journey. Secure your Pass, amplify your rewards, and help us build the future of decentralized exchange.</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/#/nft"><strong>Mint Your Somnex Genesis Pass Now</strong></a></p>]]></content:encoded>
            <author>somnex-somnia@newsletter.paragraph.com (Somnex | Somnia)</author>
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            <title><![CDATA[Introducing the Somnex Airdrop Points Campaign: Earn Your Share of $SOMX]]></title>
            <link>https://paragraph.com/@somnex-somnia/introducing-the-somnex-airdrop-points-campaign-earn-your-share-of-somx</link>
            <guid>ZJn2TdU1CMXDGWqMLspc</guid>
            <pubDate>Wed, 10 Sep 2025 01:40:04 GMT</pubDate>
            <description><![CDATA[This guide is for the Somnex community and DeFi participants who want to earn points toward the upcoming $SOMX token airdrop by engaging with the Somnex ecosystem. The Somnex Airdrop Points Campaign is a limited time event designed to reward our active and early users. By interacting on Somnex mainnet, you can accumulate points that will determine your share of the future $SOMX token airdrop. The campaign is structured to be fair, transparent, and rewarding for genuine participation.Earn Poin...]]></description>
            <content:encoded><![CDATA[<p>This guide is for the Somnex community and DeFi participants who want to earn points toward the upcoming $SOMX token airdrop by engaging with the Somnex ecosystem.</p><p>The Somnex Airdrop Points Campaign is a limited time event designed to reward our active and early users. By interacting on Somnex mainnet, you can accumulate points that will determine your share of the future $SOMX token airdrop. The campaign is structured to be fair, transparent, and rewarding for genuine participation.</p><ul><li><p><strong>Earn Points for On-Chain Activity:</strong> Your interactions, such as trading, providing liquidity, and creating meme tokens, directly translate into points.</p></li><li><p><strong>Formula-Based Airdrop Allocation:</strong> The number of points you collect will define the $SOMX amount you receive according to a specific formula determined after the campaign ends.</p></li><li><p><strong>Limited 30 Day Window:</strong> The campaign runs for a fixed period, ensuring that early and active supporters are rewarded.</p></li></ul><h2 id="h-how-the-campaign-works" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">How the Campaign Works</h2><p>The campaign is based on a straightforward points system. As you use different features of the Somnex, you accumulate points. At the end of the campaign period, a snapshot will be taken of all participant scores.</p><p>The total $SOMX tokens allocated for this airdrop will be distributed based on a specific formula that uses your final point total as a key input. This formula will be determined after the competition ends to ensure a fair and equitable <s>distribution</s> based on the overall points landscape. You can monitor your progress and rank on our official Points Page.</p><p>For more details on the token&apos;s utility and economic model, please review the official <strong>$SOMX Tokenomics</strong> documentation at <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.somnex.xyz/overview/tokenomics">https://docs.somnex.xyz/overview/tokenomics</a>.</p><h2 id="h-how-to-earn-points" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">How to Earn Points</h2><p>You can earn Somnex Points by completing a variety of on-chain actions across our ecosystem.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/3c06d53baa9a5243a8eb57f8d1aac9de91a50a781ef58fb4bf698e65e54d6420.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><ul><li><p><strong>Launch a Meme Token:</strong> Receive <strong>200 points</strong> for launching a new meme token on our platform.</p></li><li><p><strong>Trade on the Perp:</strong> Earn <strong>10 points</strong> for <strong>every $50</strong> of volume on an opening leveraged position.</p></li><li><p><strong>Trade a Meme Token:</strong> Earn <strong>10 points</strong> for <strong>every $25</strong> of trading volume on a meme token before its bonding curve is complete.</p></li><li><p><strong>Complete a Bonding Curve:</strong> Receive <strong>500 points</strong> for successfully completing the bonding curve of a meme token you launched.</p></li><li><p><strong>Swap on the Aggregator:</strong></p><blockquote><ul><li><p>Earn <strong>10 points</strong> for every approximately 50 tokens（USDT and USDC.e) in swap volume</p></li><li><p>Earn <strong>10 points</strong> for every <strong>50 SOMI</strong> in swap volume.</p></li></ul></blockquote></li></ul><p>Our aggregator includes QuickSwap, Somnex, and Somnia Exchange. Eligible tokens for this activity are <strong>USDT</strong>, <strong>USDC.e</strong> and <strong>SOMI</strong>.</p><ul><li><p><strong>Provide Liquidity to the Perp Pool:</strong> Earn <strong>10 points</strong> for every <strong>60 SPLP</strong> held over a 24 hour period.</p></li><li><p><strong>Provide Liquidity to V2 Pools:</strong> Earn points for providing liquidity to our V2 pools. Points are calculated every 24 hours based on the value and type of assets provided.</p><blockquote><ul><li><p><strong>10 points</strong> per <strong>400 USDT</strong> or <strong>400 USDC.e</strong> provided per <strong>24 hours.</strong></p></li><li><p>1 ETH/24h =<strong>280 Points</strong>.</p></li><li><p>100 SOMI/24h=<strong>10 Points</strong>.</p></li></ul></blockquote></li><li><p><strong>Share on X (Twitter) for a Chance to Win:</strong> Share the Somnex Points event on X, submit your post link in our Discord, and you will be entered into a lucky draw. <strong>50 winners</strong> will be selected to receive <strong>10,000 points total.</strong></p></li></ul><p>Please note that for liquidity provision, points are accrued for every full 24 hour period you maintain your position.</p><h2 id="h-deadlines-and-timelines" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Deadlines and Timelines</h2><p>Please take note of the following official dates and times for the campaign.</p><ul><li><p><strong>Campaign Start:</strong> Tuesday, <strong>September 9, 2025</strong>, at <strong>12:00 PM UTC.</strong></p></li><li><p><strong>Campaign End &amp; Points Snapshot:</strong> Thursday, <strong>October 10, 2025</strong>, at 12:00 PM UTC.</p></li><li><p><strong>Airdrop Distribution:</strong> To be announced, scheduled for Q3 2025.</p></li></ul><h2 id="h-fair-play-and-anti-abuse" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Fair Play and Anti-Abuse</h2><p>We are committed to a fair and equitable distribution. Any accounts found engaging in activities designed to unfairly manipulate point totals will be disqualified from the airdrop. This includes, but is not limited to, using bots for transactions, creating multiple accounts to consolidate rewards (sybil attacks), or exploiting bugs. All disqualification decisions made by the Somnex team are final.</p><h2 id="h-support-and-faqs" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Support and FAQs</h2><p>For any questions or support needs, please join our official Discord server. Our community managers are available to assist you.</p><ul><li><p><strong>Get Help:</strong> Join the Somnex Discord server at <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.gg/Vb2BC2yrsC">https://discord.gg/Vb2BC2yrsC</a> We are excited to see our community engage with the Somnex. Get started today to earn your place in the upcoming $SOMX airdrop.</p></li></ul><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnex.xyz/">Somnex Mainnet</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/SomnexXYZ">Twitter</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.gg/Gn6rcutHjT">Discord</a></p>]]></content:encoded>
            <author>somnex-somnia@newsletter.paragraph.com (Somnex | Somnia)</author>
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            <title><![CDATA[Somnex Testnet Points Airdrop Is Live!]]></title>
            <link>https://paragraph.com/@somnex-somnia/somnex-testnet-points-airdrop-is-live</link>
            <guid>cTjZbS2chDdFWxKJC9ZN</guid>
            <pubDate>Thu, 10 Jul 2025 10:07:01 GMT</pubDate>
            <description><![CDATA[To celebrate the early adopters of the Somnex, we&apos;re launching a Testnet Points Airdrop. This points not only rewards early users but also bridges real value into our upcoming mainnet through fair participation.🎯 Airdrop OverviewTo thank our earliest participaters, we&apos;re airdropping 1,000 Testnet Points (STPT) to all wallets that interacted with Somnex before July 11, 2025.📜 Airdrop Rules1. Eligibility: Any wallet that interacted with Somnex before 00:00 UTC, July 11, 2025, is eli...]]></description>
            <content:encoded><![CDATA[<p>To celebrate the early adopters of the Somnex, we&apos;re launching a <strong>Testnet Points Airdrop</strong>. This points not only rewards early users but also bridges real value into our upcoming mainnet through fair participation.</p><h3 id="h-airdrop-overview" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>🎯 Airdrop Overview</strong></h3><p>To thank our earliest participaters, we&apos;re airdropping <strong>1,000 Testnet Points (STPT)</strong> to all wallets that interacted with <strong>Somnex</strong> before <strong>July 11, 2025</strong>.</p><h3 id="h-airdrop-rules" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>📜 Airdrop Rules</strong></h3><p><strong>1.</strong> <strong>Eligibility:</strong></p><p>Any wallet that interacted with <strong>Somnex</strong> before <strong>00:00 UTC, July 11, 2025</strong>, is eligible to receive <strong>1,000 Testnet Points</strong>.</p><p><strong>2. Non-transferable Token:</strong></p><p>These <strong>1,000 STPT</strong> are a special kind of Somnia testnet token and <strong>cannot be transferred</strong>.</p><p><strong>3. Claim Process:</strong></p><p>Eligible users can <strong>claim directly on the Somnex testnet</strong> Quest page. Just connect your wallet to see if you qualify.</p><p><strong>4. Unlocking &amp; Redemption</strong>:</p><p>To unlock and fully redeem your <strong>1,000 STPT</strong>, you must earn <strong>100 Mainnet Points</strong> by performing real tasks after mainnet launch.</p><p>🔁 <strong>1 Testnet Point = 1 Mainnet Point</strong> — same weight, same value.</p><h3 id="h-snapshot-and-claim-timing" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>🕒 Snapshot &amp; Claim Timing</strong></h3><ul><li><p>The <strong>first snapshot</strong> was taken on <strong>July 11 at 00:00 UTC</strong>.</p></li><li><p>Snapshots will be taken <strong>every 7 days</strong>, so stay active and track your progress!</p></li></ul><h3 id="h-how-to-get-started" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>🧭 How to Get Started</strong></h3><ol><li><p>Connect your wallet at <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://testnet.somnex.xyz">testnet.somnex.xyz</a></p></li><li><p>Complete one time interact with Somnex at least, such as to swap a token, trade on perp and provide provide liquidity etc.</p></li></ol><h3 id="h-unlock-the-full-value" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>🔓 Unlock the Full Value</strong></h3><ul><li><p>✅ You’ve got 1,000 Testnet points -STPT.</p></li><li><p>💪 Earn 100 Mainnet Points.</p></li><li><p>🏆 Redeem all 1,000 STPT for Mainnet Points.</p></li></ul><p>It’s that simple — real participation brings real rewards.</p><h3 id="h-why-it-matters" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0"><strong>💡 Why It Matters</strong></h3><p>By participating in this campaign:</p><ul><li><p>You’re positioning yourself for <strong>future mainnet airdrop</strong></p></li><li><p>You help shape and test the Somnex platform</p></li><li><p>You boost your <strong>eligibility for upcoming airdrops and incentives</strong></p></li></ul><p>💬 <strong>Ready to claim?</strong></p><p>👉 Head to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://testnet.somnex.xyz">testnet.somnex.xyz</a> and see if you&apos;re eligible now!</p><p>🔔 Follow <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/SomnexXYZ">@SomnexXYZ</a> and join <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.gg/Vb2BC2yrsC">Discord</a> for updates.</p><h2 id="h-somnex-intro" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Somnex Intro</h2><p>Somnex is native one-stop DeFi gateway on Somnia network, offering swap aggregator, perps trade, liquidity layer and meme launchpad, endorsed by Somnia team.<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="">Twitter</a> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.gg/Gn6rcutHjT">Discord</a> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://testnet.somnex.xyz/#/">Dapp on Testnet</a> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://somnia.network/">Somnia</a></p>]]></content:encoded>
            <author>somnex-somnia@newsletter.paragraph.com (Somnex | Somnia)</author>
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