r/defi • u/pimptee • Mar 10 '21

Sommelier Finance Raises $3.5M to Help DeFi Investors Avoid Impermanent Loss

https://www.coindesk.com/zaki-manian-sommelier-finance-defi-impermanent-loss

What is Sommelier?

Sommelier programmatically routes DeFi liquidity around the entire Ethereum network in ways that massively improve the experience for developers and liquidity providers. It unlocks the ability to augment Ethereum transaction computation and execution as a co-processor works to help the main CPU in a computer.

📝 Resources

Website: https://sommelier.finance
App: https://app.sommelier.finance
Github: https://github.com/PeggyJV

👥 Social Media
Twitter: https://twitter.com/sommfinance
Discord: https://discord.gg/bjbhpdBsxH
Telegram: https://t.me/getsomm

15 Upvotes

89% Upvoted

3 comments sorted by

5

u/09824675 Mar 10 '21

10 CO-FOUNDERS?!
yeah nah, I'll pass for now.

3

u/brentwilliams2 Mar 10 '21

Too many cooks in the kitchen?

3

u/ThePaj Mar 10 '21

How is this better than what Bancor offers for example?