Sommelier

Sommelier
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

  • 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

  • 9 Apr 2023

    [SIPS-030] Authorize the Real Yield ETH Cellar

  • 5 Apr 2023

    Real Yield USD Cellar Incentives 4

  • 31 Mar 2023

    Creation of a KPI Incentives Council

  • 30 Mar 2023

    Increase governance proposal deposit from 10 SOMM to 5000 SOMM

  • 29 Mar 2023

    Creation of a KPI Incentives Council

  • 15 Mar 2023

    [SIPS-036] SOMM External Incetives on Nitron

  • 4 Mar 2023

    [SIPS-035] Real Yield USD Cellar Incentives 3

  • 22 Feb 2023

    Sommelier v5 - Incentives

  • 15 Feb 2023

    [SIPS-034] Rhino Fi Incentives Proposal

  • 15 Feb 2023

    [SIPS-033] Community Pool Funding of SOMM External Incentives on Osmosis

  • 4 Feb 2023

    [SIPS-032] Real Yield USD Cellar Incentives 2

  • 20 Jan 2023

    [SIPS-031] Real Yield USD Cellar Incentives (Contingent on SIPS-030)

  • 20 Jan 2023

    [SIPS-030] Authorize the Real Yield USD Cellar

  • 20 Jan 2023

    [SIPS-029] Community Growth Proposal

  • 20 Jan 2023

    [SIPS-024] Patache Digital Community Spend Proposal for Cellar Development

  • 23 Dec 2022

    [SIPS-028] SteadyUNI Cellar Incentives (Contingent on SIPS-026)

  • 23 Dec 2022

    [SIPS-027] SteadyMATIC Cellar Incentives (Contingent on SIPS-025)

  • 23 Dec 2022

    [SIPS-026] Authorize the SteadyUNI Cellar

  • 23 Dec 2022

    [SIPS-025] Authorize the SteadyMATIC Cellar

  • 9 Dec 2022

    [SIPS-023] Injective Trading Contest Rewards Proposal

  • 25 Nov 2022

    [SIPS-022] SteadyBTC Cellar Incentives

  • 25 Nov 2022

    [SIPS-021] SteadyETH Cellar Incentives

  • 23 Nov 2022

    [SIPS-020] ETH-BTC-Trend Cellar Incentives

  • 23 Nov 2022

    [SIPS-019] ETH-BTC-Momentum Cellar Incentives

  • 23 Nov 2022

    [SIPS-018] Aave Stablecoin Cellar Incentives Continuation

  • 23 Nov 2022

    [SIPS-017] Authorize the SteadyBTC Cellar

  • 23 Nov 2022

    [SIPS-016] Authorize the SteadyETH Cellar

  • 21 Oct 2022

    [SIPS-015] Authorize the ETH-BTC-Momentum Cellar

  • 21 Oct 2022

    [SIPS-014] Authorize the ETH-BTC-Trend Cellar

  • 17 Aug 2022

    [SIPS-013] Cleargate Cellar Development

  • 17 Aug 2022

    [SIPS-012] Seven Seas Ecosystem Cultivation

  • 17 Aug 2022

    [SIPS-011] Seven Seas Cellar Development

  • 21 Jul 2022

    Aave V2 Stablecoin Cellar SOMM Incentives

  • 10 Jul 2022

    Authorize the Aave V2 Stablecoin Cellar

  • 13 May 2022

    Sommelier Cork Upgrade

  • 8 May 2022

    [SIPS-008] A Proposal for a Sommelier Token Airdrop of SOMM to Early Sommelier Pairings App Users

  • 13 Jan 2022

    [SIP-005] Increase the governance quorum

  • 13 Jan 2022

    CabernetFranc

  • 13 Jan 2022

    [SIP-004} Staging Tokens for Airdrop

  • 5 Nov 2021

    [SIPS-002] A Proposal for a Sommelier Token Airdrop of SOMM to Select Liquidity Providers

  • 31 Oct 2021

    [SIPS-001] - A Proposal for Validators Deploy the SOMM ERC20

  • 31 Oct 2021

    [SIPS-000] - Approve the Sommelier Governance Process

Calculate your profit

Choose currency

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

Choose amount

SOMM
USDT

Staking period

12 months

Stake date

10-06-2023

Staking period

12 months

Closing date

10-06-2024

APR 10.3%

Upgrade

Fee 5%

You will earn in total with restake

1104.29 SOMM

Daily profit

$0.04

Monthly profit

$1.12

Yearly profit

$14.12

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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  • Stakewolle Governance 09.05

    9 Jun 2023

    LEARN MORE
  • Stakewolle Governance 08.06

    8 Jun 2023

    LEARN MORE
  • Stakewolle Governance 07.06

    7 Jun 2023

    LEARN MORE
  • Stakewolle Governance 06.06

    6 Jun 2023

    LEARN MORE
  • Ethereum Staking Thrives After Shapella Upgrade

    6 Jun 2023

    LEARN MORE
  • Stargaze tokenomics update - Stakewolle News

    6 Jun 2023

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  • Injective has launched The Open Liquidity Program

    6 Jun 2023

    LEARN MORE
  • Stakewolle Governance 05.06

    5 Jun 2023

    LEARN MORE
  • NTRN Token Airdrop, Launch of Nolus, Comdex Roadmap for 2023

    1 Jun 2023

    LEARN MORE
  • Injective launches a integration with PolygonLabs

    1 Jun 2023

    LEARN MORE
  • Injective Mainnet Update - Stakewolle News

    1 Jun 2023

    LEARN MORE
  • Stakewolle Governance 30.05

    30 May 2023

    LEARN MORE
  • Neutron Airdrop Claim Guide

    30 May 2023

    LEARN MORE
  • Stakewolle Governace 29.05

    29 May 2023

    LEARN MORE
  • Mesh Security, Catalyst-Neutron Collaboration, Fetch Super Wallet Upgrade - Stakewolle News

    29 May 2023

    LEARN MORE
  • The First IBC enabled SVM Rollup

    25 May 2023

    LEARN MORE
  • Stakewolle Governnace 18.05

    18 May 2023

    LEARN MORE
  • Elixir Protocol is Integrating with Injective to Power User-Provided Algorithmic Liquidity

    17 May 2023

    LEARN MORE
  • Kava Update to version 13 - Stakewolle News#32

    17 May 2023

    LEARN MORE
  • CertiK Partners with Alibaba Cloud to Bring Blockchain Security to the Cloud

    16 May 2023

    LEARN MORE
  • 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.

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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