Somm Finance
Sommelier is a decentralized multi-chain execution platform built on the Cosmos SDK that operates automated vaults to find best-in-class yields while mitigating risk. Users deposit assets and receive shares, while vault execution logic—governed by rules or AI—determines strategy and automatically rebalances positions through audited smart contracts. The platform connects to Ethereum via a bridge, enabling strategies to execute across multiple blockchains with fully transparent, on-chain logic.
- Blockchain & Cryptocurrency
- Financial Technology
- Web3 & NFTs
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
DeFi investors face significant challenges in optimizing yields across multiple protocols while managing risk, as complex strategies require constant monitoring and manual rebalancing. Traditional finance solutions rely on off-chain computation and centralized control, which introduces opacity and counterparty risk that contradicts the principles of decentralized finance.
Solution
Somm provides an automated vault platform built on the Cosmos SDK that executes sophisticated yield-generation strategies on-chain. Users deposit assets and receive shares, while vault execution logic—governed by rules or AI—determines the optimal strategy and automatically rebalances positions through smart contracts. The platform connects to Ethereum through a bridge, enabling strategies to execute across multiple blockchains. All vault logic remains fully visible and verifiable on-chain, with the validator set replacing the centralized off-chain computation typical of traditional finance.
Target Audience
Primary users include DeFi investors seeking automated yield optimization, data scientists and financial strategists who develop vault instructions, cellar creators who code strategies into smart contracts, and validators who operate the Cosmos SDK-based nodes supporting the network.
Features
- Automated vaults that identify and pursue best-in-class yields across Aave, Compound, and Uniswap V3 liquidity provision
- Fully transparent, on-chain vault execution logic that is visible and verifiable by anyone
- Smart contract rebalancing that executes automatically with no manual overrides
- Cosmos SDK architecture enabling interoperability with multiple blockchains via a bridge to Ethereum
- All smart contracts independently audited with an active bug bounty program
- Vaults and smart contracts approved through community governance before onboarding to the protocol
- Real Yield ETH strategy maximizing ETH yield through leveraged staking and liquid staking token liquidity provision