Sommelier launches smart contract Celler for decentralized investment strategy on Aave

Sommelier Finance has announced The launch of Celler, a decentralized investment strategy smart contract, on Aave, its first community-managed product, according to The Block. Sommelier was originally based on Cosmos, relying on the Gravity bridge to manage smart contracts on Ethereum, and Aave Cellar was the first contract extension of its expansion. As BlockBeats previously reported, Sommelier Finance, founded by Cosmos Blockchain core developer Zaki Manian, announced a $1 million r&d grant from The Graph Foundation on April 15, 2021. The grant will fund ongoing index performance research, development, protocol optimization, and node improvements.