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Sommelier
Coprocessor for Ethereum
Sommelier Info
Categories:
Asset Management, DeFi, Layer1
Ecosystem:
Ethereum, Cosmos
Founded:
2021
Sommelier is a co-processor for Ethereum that automates Liquidity Providers' (LPs) portfolios to maximize their yields. LPs will be able to use Sommelier to author and execute complex, automated financial transactions, such as portfolio rebalancing, limit orders, batched orders, and other features that traders have come to expect from CeFi. Sommelier is composed of the Cosmos Stargate SDK, its Tendermint-based consensus layer, and a decentralized, bi-directional Ethereum bridge managed by a global network of validators.
Sommelier Fundraising Event
Amount
$23M
Valuation
--
Date
Oct 20, 2021
Grant
Amount
$1M
Valuation
--
Date
Apr 15, 2021
Investors
Amount
$4M
Valuation
--
Date
Mar 10, 2021
Fundraising News
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Sommelier
Fundraising
Sommelier
Coprocessor for Ethereum
Sommelier Info
Categories:
Asset Management, DeFi, Layer1
Ecosystem:
Ethereum, Cosmos
Founded:
2021
Sommelier is a co-processor for Ethereum that automates Liquidity Providers' (LPs) portfolios to maximize their yields. LPs will be able to use Sommelier to author and execute complex, automated financial transactions, such as portfolio rebalancing, limit orders, batched orders, and other features that traders have come to expect from CeFi. Sommelier is composed of the Cosmos Stargate SDK, its Tendermint-based consensus layer, and a decentralized, bi-directional Ethereum bridge managed by a global network of validators.
Sommelier Fundraising Event
Amount
$23M
Valuation
--
Date
Oct 20, 2021
Grant
Amount
$1M
Valuation
--
Date
Apr 15, 2021
Investors
Amount
$4M
Valuation
--
Date
Mar 10, 2021
Fundraising News
View More