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- Using Sommelier Finance's Real Yield ETH Vaults on Arbitrum to Unlock DeFi Opportunities
Using Sommelier Finance's Real Yield ETH Vaults on Arbitrum to Unlock DeFi Opportunities
Changing DeFi : Sommelier's Actual Yield Ethereum Vaults on Arbitrum
In response to the increasing demand from retail investors seeking alternative DeFi investment avenues, Sommelier Finance introduces Real Yield ETH vaults on Arbitrum—a cost-effective, high-liquidity Layer-2 scaling solution. This strategic move empowers users with easy access to DeFi opportunities that were previously hindered by high gas fees on Ethereum mainnet.
Empowering Retail Investors with Seamless Access
Sommelier Finance's Real Yield ETH vaults redefine participation in DeFi for retail investors, requiring minimal technical know-how. With a simple click, investors can now effortlessly engage in yield generation strategies.
Sommelier's Expansion onto Arbitrum One
The expansion onto Arbitrum One broadens Sommelier Finance's DeFi offerings, featuring Real Yield ETH vaults. These vaults employ innovative strategies such as liquidity provision and leveraged positions on staked Ether (ETH) to maximize returns.
A Multichain Journey: From Cosmos App-Chain to Ethereum Mainnet
Originally conceived as a Cosmos app-chain, Sommelier Finance's multichain approach transcends Ethereum mainnet. The success of its "cellars" on Ethereum, amassing approximately $71 million in deposits, lays the foundation for the platform's extended reach.
Two Years of Research and Development Leading to Arbitrum Expansion
In May 2023, Sommelier Finance's expansion to Arbitrum materialized after two years of dedicated research and development. The objective was to provide users with a seamless cross-chain experience, marking a pivotal moment in the platform's evolution.
Seven Seas Capital: Architecting Multichain Success
Central to Sommelier Finance's triumph is Seven Seas Capital, a team of five experts entrusted with designing and auditing vault strategies. Their expertise spans data science, financial modeling, and smart contract development, ensuring resilient strategies capable of withstanding market challenges.
Sun Raghupathi, CEO of Seven Seas Capital, highlights Arbitrum's lower DeFi economic risks compared to other Layer-2 solutions. Enhanced liquidity levels on Arbitrum make it an attractive destination for investors seeking a secure DeFi experience.
Building Resilience Through Strategic Planning and Auditing
Seven Seas Capital's expertise, coupled with rigorous testing and advanced monitoring systems, ensures robust strategies that have successfully navigated turbulent periods, including the March 2023 USDC depeg and the July 2023 Curve exploit.
Sommelier Finance's entrance into Arbitrum and the introduction of Real Yield ETH vaults signify a pivotal moment for retail investors and mark a significant milestone in the broader DeFi landscape. With a steadfast commitment to innovation, strategic partnerships, and risk mitigation, Sommelier Finance is poised to shape the multichain future of Ethereum, offering users a versatile and secure decentralized financial ecosystem.