Welcome to the weekly Protocol team update on the Sommelier protocol upgrades! This week we continue with the Sommelier chain upgrade and bringing Steward to life.
As the airdrop continues and things begin to get into shape, the `somm` token has been added to the Osmosis asset list. This is to improve discoverability, reputation, and trust in token lists in a manner that is inclusive, transparent, and decentralized. Also, the chain was upgraded to process only valid transaction batches.
The Osmosis asset list is inspired by the Token Lists project on Ethereum which helps discoverability of ERC20 tokens by providing a mapping between erc20 contract addresses and their associated metadata. Asset lists are a similar mechanism to allow frontends and other UIs to fetch metadata associated with Cosmos SDK denoms, especially for assets sent over IBC. This Standard is a work in progress.
The reason the format of `assets` in the `assetlist.json` structure is a strict superset json representation of the `banktypes.DenomMetadata` from the Cosmos SDK is that the standard may eventually be migrated into a Cosmos SDK module in the future, so it can be easily maintained on chain instead of on Github.
Airdrops for Osmosis have been sent and all users who qualify for the airdrop in the osmosis section. Users can continue to check via mintscan or other explorers for Osmosis or wait until keplr integration goes mainnet.
The Sommelier chain has been upgraded, to make sure empty or invalid batches don’t aren’t processed and don’t make it to the chain. Although this has been dealt with on the chain-side, the protocol team makes an update to the gravity bridge in an act of defensive coding exercise in the event that something like this happens in the future.
In theory, if we just have the orchestrator ignore invalid batches, it will eventually time out and be canceled. This upgrade will filter out anything that doesn't cleanly serialize from the proto when querying for current batches against the chain. The Sommelier chain upgrade is a security release for the Sommelier-3 chain and is safe to deploy to all existing nodes without a chain halt.
In other news, since clapv3 is now stable and has been integrated into Abscissa, the protocol team has successfully upgraded Steward, Gorc, and other Rust tools that use Clap for better efficiency.
To learn more about Sommelier, please visit https://sommelier.finance/
To use Sommelier, try the Pairings App at https://app.sommelier.finance/
To participate in the community, please join the Telegram group https://t.me/getsomm.
To follow the project on Github, please star the project https://github.com/PeggyJV/sommelier.
Is Speculation Killing Crypto’s Future?
Sommelier's Path Forward: Embracing Revenue Over Narrative
Sommelier January Update
Sommelier Upgrades Cellar Architecture to Enable the Most Powerful DeFi Strategies in the Market
Real Yield USD is Coming to Maximize Stablecoin Yield
Retrospective on 2022 and the Journey Ahead
FAQ - Patache Digital’s Steady Strategies
Patache Digital: Risk Management Discussion
Strategy Deep Dive: Patache Digital
Strategy Provider Spotlight: Patache Digital
User Guide: How to Participate in Strategies on Sommelier
Sommelier Ambassador Program
Strategy Tokens: What Are They and How Do They Work?
6 Core Principles of Sommelier
10/10/22 - Deep Dive on Cleargate Backtesting
Strategy Provider Spotlight: Seven Seas
Deep Dive on Trend and Momentum Strategies
Strategy Provider Spotlight: ClearGate
Supporting Strategy Providers on Sommelier
Sommelier Protocol Team Weekly Update #11
ELI-5 Explanation of the Data Science behind Sommelier’s First Aave Cellar
Sommelier Protocol Team Weekly Update #10
The Data Science Behind Sommelier’s First Aave Cellar
Sommelier Protocol Design Documents
Sommelier Protocol Team Weekly Update #9
Sommelier Protocol Team Weekly Update #8
Sommelier Protocol Team Weekly Update #7
Twitter Spaces With Sommelier: How to Launch a Cellar on Sommelier
Twitter Spaces With Sommelier: Protocol Upgrade and Community Update
Sommelier Protocol Team Weekly Update #4
Sommelier Protocol Team Weekly Update #6
Twitter Spaces With Sommelier: SOMM Airdrop Proposal Data Analysis
Twitter Spaces With Sommelier: Community Update on the First Cellars to Launch
Twitter Spaces With Sommelier: Exploring NFT Cellars
Sommelier Protocol Team Weekly Update #1
Sommelier Protocol Team Weekly Update #2
Sommelier Protocol Team Weekly Update #3
Three Things You Need to Know About Sommelier Governance This Week
Sommelier On the Road: PROOF OF…REPUTATION
Introducing Ukpai Ugochi - Working on The Sommelier Cellars Rebalancer
Sommelier Announces 23MM Series A Mainnet Round to launch Automated DeFi via the Cosmos
Twitter Spaces With Sommelier: Mainnet Launch & Gravity Bridge
Twitter Spaces With Sommelier: Introducing SOMM Tokenomics
Twitter Spaces With Sommelier: Mysten Labs AMA With Evan Cheng
Introducing SIPS and Sommelier’s Governance Structure
Twitter Spaces With Sommelier: End of Year AMA 2021
Twitter Spaces With Sommelier: Intro to SIPS & Lisbon Blockchain Week
Twitter Spaces With the Sommeliers: Mainnet Update and Governance Launch
Sommelier Partners With Mysten Labs to Make Sommelier and All Cosmos Blockchains the Fastest Protocols on the Planet
Twitter Spaces With the Sommeliers: Sushi AMA With Joseph Delong
Introducing the Sommelier Network Mainnet and Ethereum Gravity Bridge
The Top Five Features of the Sommelier Protocol
Call for Validators: The Two Step Process for 2021
Two New Features Launched to Test Liquidity Management on Uniswap v3
Uniswap v3 Remove Smart Contract Incident Post Mortem for Sommelier
Call for Validators: Road to Sommelier Mainnet
Sommelier Liquidity AMA With Yenwen and Nick From Perpetual Protocol
Sommelier Liquidity AMA With Tascha Pan From Alpha Finance
Sommelier Liquidity AMA With Loi Luu From Kyber Network
Sommelier Liquidity AMA With Alex From Peanut
Sommelier Liquidity AMA With JP From THORChain
Sommelier Liquidity AMA With Alan Chiu From OMGX Network
Sommelier Liquidity AMA With Ari From Gelato Network
Sommelier Liquidity AMA With Sunny Aggarwal From Osmosis
A Fine Sommelier Explanation of Bollinger Bands With Kevin Kennis
Sommelier Liquidity AMA With Mona El Isa From Enzyme
Sommelier Liquidity AMA With Haxor From Method Finance
Sommelier Liquidity AMA With Tor From Secret Network
Liquidity Provider Insights With Zaki Manian - Ep. 7 - DeFi Automation Space on Uniswap v3 and Where Sommelier’s Heading
Sommelier Liquidity AMA With Geralt From CyberFi
A Pairings Tutorial of Two Sided Liquidity Addition with Sommelier
Liquidity Provider Insights with Zaki Manian - Ep. 6 - Liquidity Providers Need to Gear Up for a Multi-Chain World
Three New Summer Features for Liquidity Providers
Sommelier Liquidity AMA with Tom C and Max W from Charm
Sommelier Liquidity AMA with Dereek69 & Shalaquiana from BIOPset
Sommelier This Week - June 3rd 2021: The Road to Mainnet
Sommelier Liquidity AMA with Federico Landini from DefiLab
Sommelier Liquidity AMA with Michael Egorov from Curve
Liquidity Provider Insights with Zaki Manian - Ep. 5 - A Bright Light at the End of a Long, Tough Weekend for Bitcoin
Sommelier This Week - May 27th 2021: What Aspiring Sommelier Validators Need to Know on Last Week’s Protocol and App Progress
Liquidity Provider Insights with Zaki Manian (Special Edition) - Ep. 4 - New Pairings Release
Sommelier R&D AMA With Yaniv Tal From the Graph
Sommelier Liquidity AMA with MacLane Wilkison from NuCypher
The Eight Steps to Become a Liquidity Provider with Pairings
Sommelier NFT Awards - May 18th, 2021
Pairings By Sommelier: The FAQ
Zaki Manian Breaks Down What Liquidity Providers Need to Know Under Uniswap v3
Sommelier This Week - May 6th 2021: How This Week’s Protocol and App Progress Weaves Together to Make a Product
Sommelier Liquidity AMA with Dan Thomson from InsurAce
Sommelier This Week - April 29th 2021: Weeks Away From a Taste of the Sommelier App Experience and How the Dev Team Stays on Track
Zaki Manian Breaks Down a Phase Change Liquidity Providers Need to Know About Automated Market Makers
Introducing Jehan Tremback: Sommelier Core Developer and Althea Co-Founder that pushes the Limits of the Blockchain Bridge with Gravity
Sommelier This Week - April 22nd 2021: An Inside Look at Progress on Coordinating Sommelier Components That Contribute to the Chain
Sommelier This Week - April 15th 2021: Providing a Best-in-Class Experience for Uniswap Liquidity Providers
Sommelier Announces $1M R&D Grant from The Graph Foundation
Introducing LP Rewards: This Week With Cellframe
Introducing Deborah Simpier: Althea CEO and Sommelier Co-Founder Who Brought the Gravity Bridge to Life in The Cosmos
Sommelier This Week - April 8th 2021: What Uniswap v3 Means For Sommelier Architecture and Validators
Introducing Sommelier LP Rewards Program
Sommelier This Week - April 1st 2021: Gravity Bridge and Private Testnets
Blockchain startup decides to acquire a California winery and host NFT wine parties
Introducing Justin Kilpatrick: The Blockchain Bridge Wizard Who Maintains Gravity
Five Ways UniswapV3 changes the world for Liquidity Providers on the AMM
Introducing Jack Zampolin: On Becoming A Sommelier in The Cosmos
Sommelier: Welcome To The New CoProcessor For Ethereum
© 2024 Somm by Bajanss OÜ –Maakri 36-50, Tallinn, Estonia 10145