Sommelier

Sommelier
Sommelier
Sommelier

Market cap:

$ 37.88M

Volume 24h:

$ 52.57K

Price:

$ 0.15
Sommelier is built on the Cosmos SDK to maximize interoperability with other blockchains, and the platform is a reimagined gateway into interchain DeFi. With a bridge in place connecting the Cosmos-based platform to Ethereum, Sommelier will be able to execute strategies across multiple blockchains, opening a wide horizon of possibilities
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Governance

  • 2 Jul 2023

    [SIPS-056] Add Morpho to Real Yield ETH

  • 2 Jul 2023

    [SIPS-059] Fraximal Liquidity Mining Incentives Proposal

  • 2 Jul 2023

    [SIPS-058] Upcoming Fraximal Cellar Proposal

  • 2 Jul 2023

    [SIPS-056] Add Morpho to Real Yield USD

  • 29 Jun 2023

    [SIPS-054][KPI Incentives] Real Yield USD KPI Proposal

  • 25 Jun 2023

    [SIPS-055] Rhino Fi RYE Incentives Proposal

  • 8 Jun 2023

    [SIPS-053] Real Yield ETH Cellar Incentives

  • 8 Jun 2023

    [SIPS-052] DeFi Stars Cellar Incentives

  • 1 Jun 2023

    [SIPS 047-051] Authorize the Real Yield {LINK, 1INCH, UNI, SNX, ENS} Cellars

  • 11 May 2023

    Increase per-block gas and bytes limits

  • 11 May 2023

    [SIPS-046] Real Yield USD Cellar Incentives 5

  • 6 May 2023

    [SIPS-045] Real Yield ETH Cellar Incentives

  • 6 May 2023

    [SIPS-044] Add WSTETH to Real Yield ETH

  • 6 May 2023

    [SIPS-043] DeFi Stars Cellar Incentives

  • 3 May 2023

    [SIPS-041] Authorize the DeFi Stars Cellar

  • 3 May 2023

    [SIPS-040] DeFine Logic Labs Cellar Development

  • 3 May 2023

    [SIPS-042] Camelot DEX Incentives Proposal

  • 27 Apr 2023

    Sommelier v6 - SDK upgrades and fixes

  • 21 Apr 2023

    [SIPS-039] Real Yield USD Fee Structure Change

  • 12 Apr 2023

    [SIPS-038] Real Yield ETH Cellar Incentives

  • 13 Jul 2023

    [SIPS-063] Real Yield BTC RhinoFi Incentives

  • 13 Jul 2023

    [SIPS-062] Real Yield BTC Cellar Incentives

  • 13 Jul 2023

    [SIPS-061] Real Yield BTC Cellar Proposal

  • 19 Jul 2023

    [SIPS-060][KPI Incentives] Real Yield ETH KPI Proposal

  • 19 Jul 2023

    [SIPS-064] Proposal to Reduce RYETH Platform Fee to 1%

  • 19 Jul 2023

    [SIPS-065] Proposal to Add the DAI/USDT Uniswap V3 Pool to RYUSD

  • 4 Aug 2023

    [SIPS-066] Fraximal Liquidity Mining Incentives Renewal Proposal

  • 11 Aug 2023

    [SIPS-067] Real Yield BTC Cellar Incentives

  • 17 Aug 2023

    [SIPS-069] Summer.Fi/Ajna Liquidity Mining Incentives

  • 17 Aug 2023

    [SIPS-068] Real Yield ETH Cellar Incentives

  • 19 Aug 2023

    [SIPS-071] Authorize the Turbo SWETH Cellar

  • 19 Aug 2023

    [SIPS-070] Proposal to add DAI Savings Rate Support to Real Yield USD

  • 24 Aug 2023

    Re-allocate Prop 72 funding from P2P to Neutron

  • 24 Aug 2023

    Punish Equivocation on Neutron by Pupmos and Citizen Cosmos

  • 23 Aug 2023

    Signaling Proposal: Approve the Stride Delegation Process Cosmos Hub Advisory Council

  • 21 Aug 2023

    Funding Proposal: Supporting Public Goods - Ping Dashboard

  • 18 Aug 2023

    ATOM Airdrop for COSMOS stakers ⚛️

  • 18 Aug 2023

    Enable permissioned WASM applications on the Cosmos Hub

  • 17 Aug 2023

    Signaling Proposal: Add The Fee Abstraction Module to the Cosmos Hub

  • 11 Aug 2023

    Update instructions for ATOM POL granted in Stride's ICS proposal

  • 10 Aug 2023

    v11 Software Upgrade

  • 28 Jun 2023

    Signalling Proposal - Gravity Dex Liquidity Module Removal

  • 27 Jun 2023

    Provide 450K ATOM to Stride’s stATOM liquidity pool

  • 27 Jun 2023

    On-board the Stride blockchain for ICS

  • 16 Jun 2023

    v10

  • 12 Jun 2023

    Increase the validator set of Cosmos Hub to 180 from 175

  • 19 May 2023

    Nullify proposal 75

  • 13 May 2023

    🪂 ATOM Airdrop ✅

  • 11 May 2023

    Stride to join ATOM Economic Zone and adopt ICS

  • 7 May 2023

    Request to Drop the Lawsuit: All in Bits, Inc. vs. Grace Yu

  • 5 May 2023

    Launch Neutron on Replicated Security

  • 4 May 2023

    Legal Defense Fund Proposal

  • 31 Aug 2023

    [SIPS-072] TurboSWETH Liquidity Mining Incentives Proposal

  • 7 Sept 2023

    [SIPS-073] Real Yield BTC Cellar Incentives

  • 10 Sept 2023

    [SIP-077] Proposal to Add Fraxlend Collateral and Debt Support to RYBTC

  • 10 Sept 2023

    [SIPS-076] Proposal to Update stETH Pricing Mechanism

  • 10 Sept 2023

    [SIPS-075] Proposal to Replace the Cellar Adaptor in RYBTC

  • 13 Sept 2023

    Mutual token swap between Sommelier and MantaDAO

  • 14 Sept 2023

    [SIPS-079] TurboGHO Liquidity Mining Incentives Proposal

  • 14 Sept 2023

    [SIPS-078] Authorize the Turbo GHO Cellar

  • 21 Sept 2023

    [SIPS-081] ETHGROWTH Liquidity Mining Incentives Proposal

  • 21 Sept 2023

    [SIPS-080] Authorize the ETH Trend Growth Cellar

  • 1 Oct 2023

    [SIPS-082] Real Yield ETH Cellar Incentives

  • 4 Oct 2023

    [SIPS-083] Co-Incentives Proposal for Turbo swETH

  • 7 Oct 2023

    [SIPS-084] Co-Incentives Proposal for Turbo GHO

  • 7 Oct 2023

    [SIPS-085] Real Yield BTC Cellar Incentives

  • 13 Oct 2023

    [SIPS-086] Authorize the Turbo STETH Cellar

  • 17 Oct 2023

    [SIPS-087] Add Turbo STETH Support to RYETH and RYBTC

  • 1 Nov 2023

    [SIPS-088] Osmosis Incentives for YieldETH Proposal

  • 1 Nov 2023

    [SIPS-093] Update stETH Pricing in Price Router

  • 1 Nov 2023

    [SIPS-092] TurboSWETH Co-Incentives Proposal

  • 1 Nov 2023

    [SIPS-091] Real Yield ETH Cellar Incentives

  • 8 Nov 2023

    [SIPS-090] TurboSOMM Liquidity Mining Incentives Proposal

  • 8 Nov 2023

    [SIPS-089] Authorize the Turbo SOMM Cellar

  • 17 Nov 2023

    [SIPS-091] Real Yield BTC Cellar Incentives

  • 23 Nov 2023

    [SIPS-093] Co-Incentives Proposal for Turbo eETH

  • 23 Nov 2023

    [SIPS-092] Authorize the Turbo EETH Cellar

Calculate your profit

Choose currency

  • SommelierSommelier
  • JunoJuno
  • Secret NetworkSecret Network
  • StargazeStargaze
  • Lum NetworkLum Network
  • ChihuahuaChihuahua
  • e-Moneye-Money
  • NolusNolus
  • NomicNomic
  • PersistencePersistence
  • UmeeUmee
  • Fetch.aiFetch.ai
  • Crescent NetworkCrescent Network
  • DecentrDecentr
  • cheqdcheqd
  • Sentinel Sentinel
  • KavaKava
  • LikeСoinLikeСoin
  • ixoixo
  • SolanaSolana
  • MemeMeme
  • KiKi
  • CoreumCoreum
  • CosmosCosmos
  • ArchwayArchway
  • AssetMantleAssetMantle
  • Band ProtocolBand Protocol
  • CantoCanto
  • MigalooMigaloo
  • RebusRebus
  • JackalJackal
  • ComdexComdex
  • Gravity BridgeGravity Bridge
  • NeutronNeutron
  • InjectiveInjective
  • MediBlocMediBloc
  • AxelarAxelar
  • DesmosDesmos
  • TeritoriTeritori
  • IrisIris
  • Composable FinanceComposable Finance
  • RizonRizon
  • Akash NetworkAkash Network
  • StrideStride
  • Shentu (CertiK)Shentu (CertiK)
  • OsmosisOsmosis
  • BitSongBitSong

Choose amount

SOMM
USDT

Staking period

12 months

Stake date

01-12-2023

Staking period

12 months

Closing date

01-12-2024

APR 10.3%

Upgrade

Fee 5%

You will earn in total with restake

1104.29 SOMM

Daily profit

$0.04

Monthly profit

$1.24

Yearly profit

$15.6

Your projected income less commission fees in tokens and in US dollars

Questions?

  • Sommelier is a DeFi blockchain protocol, built on the Cosmos SDK, and a bi-directional Ethereum bridge. The bridge connects the Cosmos-based platform to Ethereum and Sommelier networks; by doing so, Sommelier allows to execute strategies across multiple blockchains, opening a vast horizon of possibilities for use cases: unlock yield performance with Sommelier automated dynamic lending/staking/farming/trading strategies for different types of risk tolerance retail investors.

  • SOMM is the token that underlies all transactions on the Sommelier protocol. It captures the fee revenue that is generated by the system and incentivizes each role in the ecosystem to continue performing their function and participate in protocol governance.

  • Cellars are the smart contracts which represent DeFi strategies. Users might be familiar with the concept of vaults from other platforms. The unique value of the Sommelier protocol is that the Sommelier stack, in a non-custodial way, can update the cellar position and in effect manage the user funds based on live-market data. In this sense, Cellars are dynamic vaults which allow for mid-frequency trading strategies, as opposed to other platforms where their strategies are static (zero-frequency) and cannot take live market data as input. By providing liquidity into the cellar, you can earn 90% of this particular cellar's profits together with the other liquidity providers.

  • By staking, delegators help to secure the network. That's why delegators are critical to the functioning of the chain and an essential part of the ecosystem. In order to compensate them for staking SOMM, SOMM holders will be able to extract a large portion of the fees claimed by the network as per the tokenomics design document. Stakers will be also getting profits from all of the functioning cellars - the percentage is small compared to what liquidity providers get, but delegators are not dependent on one particular cellar, but getting a little from all of them.

  • $SOMM is listed on Osmosis.zone and could be purchased there with a connected Keplr wallet.

  • $SOMM can be staked via Stakewolle with connected Keplr Wallet.

  • Stay up-to-date with the latest $SOMM data by using Atomscan explorer. This free tool provides real-time information on market indicators, network metrics, and validator data, all presented in easy-to-read charts.

  • Stakewolle is a large staking provider and contributor to many blockchains, run by a team of experienced developers, financial experts and blockchain enthusiasts. While working with more than 40 POS blockchains like Solana (SOL) Cosmos (ATOM) and others we are constantly in search of new, valuable and ambitious projects. The Stakewolle team strives to simplify the delegation process for token holders and provide convenient services for staking monitoring.

  • You can calculate your staking rewards by using the Sommelierstaking calculator on the site

  • When you stake your assets with Stakewolle, you may become eligible for Cosmos-based airdrops, allowing you to receive free tokens as a reward for your participation. We support many blockchain networks, so you never know what exciting opportunities may come your way!

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    17 Nov 2023

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    15 Nov 2023

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    14 Nov 2023

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    13 Nov 2023

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    13 Nov 2023

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  • Evmos siganls Ethereum aligment

    7 Nov 2023

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  • Injective integrates Kava to Expand Stable Asset Interoperability

    2 Nov 2023

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  • Babylon Integration Strengthens Archway with Robust Bitcoin Security

    26 Oct 2023

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  • Injective Integrates Data into Google Cloud

    25 Oct 2023

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  • 2024 Secret Network Development Roadmap

    24 Oct 2023

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  • Introducing the Neutrality Upgrade

    20 Oct 2023

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  • Fetch.ai Community Integrations

    14 Oct 2023

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  • Injective infrastructure for NFT

    13 Oct 2023

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  • Nomic Interchain Upgrade Brings Bitcoin to Cosmos with nBTC

    5 Oct 2023

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  • Cosmos Weekly Recap

    18 Sept 2023

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  • SORA network integrated the Band Protocol

    14 Sept 2023

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  • 1RPC Integrates Injective

    12 Sept 2023

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  • Looking for more?

    Our Blog offers a wealth of articles and videos Click to visit Blog

    VISIT BLOG

We are in touch

Technical issue

Are you experiencing an issue with our validators or website? Let us know and we will address it right away.

Partnership

Collaborate with us to secure networks, earn staking rewards, educate community members, and more. We want to work with people passionate about staking and the future of decentralization.

Feedback

Do you have any comments on how we can improve? Share your ideas and thoughts about our products and services.

Jobs

Join us in building a decentralized future. Send us your resume, which position you are applying for, and a short introduction of yourself.

Contact us

Let us know how we can help and we will get back to you as soon as possible.

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We read all your feedback and suggestions. Many of your ideas for development become our tasks - you can see their implementation here

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