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Sommelier
somm
Contract
ETH:0xa670d72373...0fd1
Achievements
Sommelier Price (USD):
$0.020%
Carts
About Sommelier
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 Validators to be executed on the Cellar with the intention of gaining yield.
Cellars can be strategies like:
A portfolio of BTC and ETH that is rebalanced based on price trends that machine learning algorithms identify
An NFT trading strategy that leverages Twitter sentiment around particular collections
A strategy that hedges liquidity provision on DEXes
Sommelier employs a unique architecture consisting of the Sommelier Cosmos SDK blockchain, an off-chain execution environment that keeps strategies private while allowing them to leverage a wide variety of off-chain data modeling techniques, and one of the best performing ETH bridges. Strategy instructions are passed across this bridge to reposition assets in Cellars. This bridge is also being expanded to allow access to other chains (like Polygon, Avalanche, etc) so strategies are not tied to just high gas ETH markets.
Sommelier aggregates and batches transactions, thereby reducing gas fees, providing an attractive alternative to Ethereum’s high transaction costs. As for security, Sommelier uses a decentralized governance mechanism run by validators, ensuring state-of-the-art safety of user funds. Validators pass strategy instructions across the bridge, but users’ assets are never moved across it, instead being deployed directly into Cellars. Further, Cellars are non-custodial, meaning that users can withdraw their assets at any time, while strategy providers never have ownership of those assets.
Tokenomics (Locked)
Roadmap (Locked)
Phase 1 - Presale
Info not submitted
Phase 2 - Development
Info not submitted
Phase 3 - Launch
Info not submitted
FAQ about Sommelier
What is the price of coin Sommelier?
The current price of Sommelier coin is $0.01675, daily change is 0%
What is the somm market cap?
Current market cap is $786929.4093101435 with total supply 46980860.257322 tokens.
What is the liquidity of Sommelier?
Liquidity of token Sommelier is $6708.66 in pools.
Where can I buy Sommelier?
Token can be purchased on Ethereum dex.
What is Sommelier (somm) smart contract address?
somm smart contract address is 0xa670d7237398238de01267472c6f13e5b8010fd1, it can be purchased on any Ethereum dex.
How many token holders?
somm have 1088 holders and diversity is Excellent.
When was the project launched?
somm launched on 2024-11-14.
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Sommelier Token Price
$0.020%
5m0%
1h0%
6h0%
24h0%
TXN1
Buy-
Sell1
Volume$68
Buy/sell fee0% / 0%
Liquidity$6 708
Total supply46M
Market Cap$786K
Burned-
Circulation Supply46M
Honeypot checkPassed
Holders data
Holders1088
DiversityExcellent
ReputationGood
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Launch Date:Nov 14 2024
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