Somnia will launch a liquidity reward program to distribute 1 million $SOMI

The Somnia Foundation announced the launch of its liquidity rewards program, distributing 1 million $SOMI in the first quarter. Users providing liquidity on decentralized exchanges (DEXs), lending platforms, and the Liquid Staking Protocol will earn Somnia Liquidity Points (SLPs), which determine reward distribution. The first quarter will last for 90 days, with a specific launch date to be announced soon. Previously, Binance announced the launch of Somnia as part of its HODLer airdrop, and spot trading of SOMI began on September 2nd.