Sommelier Announcement 09/28/2021: Sommelier Announces Stable Mainnet

:clinking_glasses: SOMMELIER COMMUNITY :clinking_glasses:
Join us tomorrow for a Mainnet themed Twitter Spaces event with Taariq Lewis @ozymandus, Zaki Manian @Zaki Jack Zampolin @jackzampolin as we go deep down the Sommelier Mainnet Rabbit hole and talk about the launch Sommelier’s Gravity Bridge.

:date: Date: Sep 29, 08:30AM PT / 3:30PM UTC
:hourglass_flowing_sand: Countdown: https://sommelier.finance/events/twitter-spaces-with-the-sommeliers-mainnet-gravity-bridge

Did you miss the last Sommeliers Twitter Space where we talked about the Mysten Labs Partnership and what it brings to the Sommelier Protocol and the wider Cosmos?

You can find the Transcript and Recording below :small_red_triangle_down:

:scroll: Transcript: https://sommelier.finance/blog/twitter-spaces-with-the-sommeliers-mysten-labs-partnership
:record_button: Recording: Sommelier Liquidity AMA with Taariq Lewis, Zaki Manian, Jack Zampolin - YouTube

:wine_glass: THE SOMMELIER PROTOCOL :wine_glass:
We announce two weeks of stable mainnet running with the initial validator set. We continue to work on testing deployment of cellar contracts that will be managed by the Sommelier Gravity Bridge. Delegators are asked to start delegating their SOMM tokens to the validator set for upcoming governance testing. Let’s Go!

:grapes: WHAT PAIRS ARE YOU BULLISH ON? :grapes:
PAIRINGS for Uniswap v3 is at https://app.sommelier.finance. Sommelier now has slippage tolerance of 5% implemented for low liquidity pools. If you see reverted transactions, it may be due to very low liquidity.

REMEMBER: Sommelier is in alpha. Sommelier’s smart contracts are unaudited. Sommelier is non-custodial and has no warranties. We also do not endorse any pools that we share on our channels. Pools may be compromised and things on Sommelier break all the time and you may lose your money. We are not giving you investment advice with this update and Sommelier does not control your funds. Again, all our software is alpha and undergoing daily updates and things can break all the time!

2 Likes




This website does not constitute an offer to sell or a solicitation of interest to purchase any securities in any country or jurisdiction in which such offer or solicitation is not permitted by law. Nothing on this website is meant to be construed as investment advice and we do not provide investment advisory services, nor are we regulated or permitted to do so. This website is provided for convenience only. Sommelier does not manage any portfolios. You must make an independent judgment as to whether to add liquidity to portfolios.

Users of the Sommelier website should familiarize themselves with smart contracts to further consider the risks associated with smart contracts before adding liquidity to any portfolios.

Note that the website may change, and we are under no obligation to update or advise as to these changes. There is no guarantee that the Sommelier Mainnet, including any software, products or token use cases mentioned on the website, will be built, or offered by Sommelier. In particular, actual results and developments may be materially different from any forecast, opinion or expectation expressed in this website, or documents contained in it, and the past performance of any portfolio must not be relied on as a guide to its future performance.

To the extent permitted by law, the company and its directors, officers, employees, agents exclude all liability for any loss or damage arising from the use of, or reliance on, the material contained on this website whether or not caused by a negligent act or omission. The release, publication or distribution of this website and any materials herein may be restricted in some jurisdiction and therefore you must inform yourself of and observe any such restrictions.