SOMM holders can stake their SOMM to secure the protocol and earn staking rewards. These staking rewards are funded via the fees generated by the vaults on the Sommelier platform.
Learn more about the SOMM’s utility in the Sommelier network.
Check real-time information regarding the Sommelier Staking APR .
1) Make sure your SOMM is on the Sommelier network. If it is on Ethereum, bridge it back to Sommelier via the Sommelier Bridge. If it is on Arbitrum or another alt-EVM network, please bridge it back to Sommelier via Axelar.
2) Use the Keplr Dashboard to select your validator and stake.