SommelierSOMM
Coprocessor for Ethereum$0.004693
+7.96%Somm Finance
@Somm FinanceFollowers46.24 K
Following179
Influence Index601
Details
24h Trading Volume$10.69K
Circulating Market Cap$1.47M
Fully Diluted Valuation (FDV)$2.34M
Circulating Supply314.02M SOMM
Total Supply
500.00M SOMMTotal Raised$27.50M
Contract Address
0xa670...010fd1
Supported Exchanges+3
Launched--
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DeFi asset management systemSommelier 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.
Team Members
Taariq LewisCo-Founder
Federico Kunze KüllmerCo-Founder
Justin KilpatrickCo-Founder
Kevin KennisCo-Founder
Zaki ManianCo-Founder
Kristi PõldsamCo-Founder
Investors
B
Byzantine VenturesF
Ferngrove VenturesS
Secure VenturesP
Proper CygniP
Power Planet HoldingsFundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
-- | $23.00M | -- | 2021-10-19 | + 5 |
Grant | $1.00M | -- | 2021-04-14 | |
-- | $3.50M | -- | 2021-03-09 | + 3 |