Somnia Network partners with Lair Finance to power cross-chain staking and gaming innovation

Somnia Network has established a new joint venture with Lair Finance. This is another strategic move towards a revolution in decentralized gaming and entertainment.

This is a partnership between Somnia’s high-performance blockchain infrastructure components and Lair’s expertise in cross-chain liquid staking.

Together, they seek to re-establish user interaction with decentralized applications and reap rewards across numerous networks.

Expanding cross-chain functionality

Cross-chain restaking is available on Lair Finance on various notable layer 1 chains such as Kaia Chain, Berachain, and Injective.

This new partnership provides users with access to an application-optimized real-time network that is expected to support well over 1 million transactions per second.

This integration will improve interoperability within the ecosystem and make it easier for users to stake their digital assets and earn rewards.

It also strengthens Somnia’s commitment to building a scalable, affordable environment for developers and players.

Strengthen the Somnia ecosystem

Somnia Network is a layer 1 blockchain that is EVM compatible and has high-volume consumer use cases such as gaming and decentralized social applications.

Lair Finance powers the Somnia ecosystem by providing a stable staking platform for users and developers to enjoy. This collaboration will enable individuals to not only utilize SOMI, the ecosystem’s official token, but also to transact, stake, and participate in the network’s governance.

Mutual benefit for users and builders

This cooperation will foster open guidelines for generating new revenue and increase liquidity in the staking market. Users can rely on Lair to increase their earnings while playing Somnia’s games and entertainment services.

For developers, this means an easier path to the integration between financial and gaming utilities that the industry has been striving to achieve for years. The companies are working together to establish a platform that unifies performance and profitability as we move into the next wave of decentralized entertainment.

Partnerships like this are symptomatic of a more general shift toward a common, user-friendly Web3 experience that is fast, scalable, and profitable as blockchain ecosystems meet.