Sommelier
The new coprocessor for Ethereum — move your DeFi assets into higher yields faster and cheaper. Also backed by Polychain, Alameda, and Tendermint.
Sommelier is a decentralized finance (DeFi) protocol described as the new coprocessor for Ethereum, designed to optimize liquidity positions, automate yield farming strategies, and implement complex financial transactions on behalf of its users. It combines automated portfolio management with real-time data analysis, executed by a network of decentralized validators. This allows users to maximize returns and minimize risks in their DeFi investments. The platform's development is supported by notable backers including Polychain Capital, Alameda Research, and Tendermint, highlighting its innovative approach to enhancing the DeFi user experience through automation and intelligent contract execution.
