Sommelier Staking

Sommelier (SOMM) staking data is not available on Staking Rewards. You can still convert token prices, estimate your rewards and explore reward options for similar proof-of-stake assets.

Learn more about Sommelier Staking

Convert SOMM to

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SOMM

Sommelier Staking Rewards Calculator

Calculate your rewards over time using the average interest rate, or adjust for different reward rate assumptions.
1. Asset
Sommelier SOMM
SommelierSOMM
⚠️ This is not the actual reward rate for SOMM Staking. This is simply an estimation based on the industry average reward rate of %
2. Estimate Your Reward Rate
%

*The industry average reward rate is %

3. Customize Your Stake

USD

SOMM

$
0 SOMM
Staking Time
1y
Expected Price after 1 year
-
$
Rewards Over Time
1 Day
$0
7 Days
$0
30 Days
$0
90 Days
$0
1 Year
$0

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Learn about Sommelier Staking

What is Sommelier (Sommelier) Staking?

Staking Sommelier (SOMM) is where you commit SOMM tokens to contribute to network security and the validation of new blocks. In return, participants or “stakers” are rewarded with additional Sommelier tokens.

How to Stake Sommelier (SOMM)?

The best way to stake SOMM is detailed in the official Sommelier documentation. Learn how to stake SOMM

What are the rewards for staking Sommelier (SOMM)?

The reward rate of staking Sommelier is not currently available on Staking Rewards, however, you can benchmark any potential rewards against the average reward rate across all tracked staking assets, which is %.

What are the risks when staking Sommelier (SOMM)?

Staking involves certain risks, such as potential market volatility and the risk of slashing (penalties for malicious behavior). Familiarize yourself with the risks associated with staking SOMM and consider diversifying your stake.

What is the difference between SOMM lending and SOMM staking?

Staking SOMM and lending SOMM are both ways to earn a yield on your holdings. They are often confused as the same thing, even though they are very different. When you stake a PoS asset you are directly contributing to the security of the network, in exchange you are rewarded with the network’s native token. When you lend Sommelier (SOMM), you are essentially giving a loan of your crypto assets in return for an interest on the amount you lend.

What is the 24h Trading Volume of Sommelier (SOMM)?

Over the past 24 hours, Sommelier (SOMM) has seen a trading volume of across all available exchanges.

How has the price of SOMM changed over the past 24h?

The price of Sommelier (SOMM) is currently , which represents a - decrease over the past 24 hours.
Sommelier
SommelierSOMM
Sommelier is Sommelier is a non-custodial, cross-chain platform for executing actively-managed DeFi investment strategies. Community members can create Cellars that execute on an investment strategy through smart contracts. Cellars are powered by Strategy Providers (SPs) who develop trading strategies and send the recommended actions to the Sommelier...Read more
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