The Crypto Conversation Sommelier Finance - Increasing DeFi Liquidity
Apr 6, 2022
33:58
Zaki Manian is the Co-Founder of Sommelier Finance, a DeFi platform and coprocessor for the EthereumVM. Why you should listen Zaki believes that regulators can be supportive of the incredible innovation going on in the DeFi space by developing a regime of awards rather than punishments for DeFi projects that move the industry towards reasonable integration with financial safeguards that regulators are bound to pursue.
Sommelier is a bet that Ethereum will be a dominant player in the global economy. Sommelier consists of the Cosmos Stargate SDK, its Tendermint-based consensus layer, and a decentralized, bi-directional Ethereum bridge, managed by a global network of validators.
Liquidity Providers (LPs) will be able to use the Sommelier to author and execute complex, and automated financial transactions, such as portfolio rebalancing, limit orders, batched orders, as well as a host of other features that traders have come to expect from CeFi, but that are not currently available in DeFi.
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