Sommelier is a system by which we offer actively managed DeFi strategies. We do this through a combination of a cosmos chain and Ethereum smart contracts. The vision was always to like really enable complex DeFi applications, right? But so we launched the first Sommelier strategy right after Tara blew up. So that was annoying. And today we are recording this on January 26th, January 25th. We launched our new stablecoin yield strategy, which I'm honestly, hopefully nothing else will explode.
This week, Anna catches up with Zaki Manian, co-founder of Iqlusion and Sommelier. They embark on a comprehensive recap of the history of Cosmos to-date, covering all ground since their last interview 2 years ago. They also dive into topics such as the IBC launch, Osmosis, how the ecosystem grew and accelerated up until the Luna crash and how it continues to recover in its next phase.
They then chat about Sommelier and how it has evolved, as well as the concepts of emerging asset types, such as real world assets, and how ZKPs for privacy may finally find a product market fit that could build up real market adoption. You won’t want to miss this one!
Here are some additional links for this episode:
Apply for zkSummit9 here: zkSummit9 Ticket Application.
Aleo is a new Layer-1 blockchain that achieves the programmability of Ethereum, the privacy of Zcash, and the scalability of a rollup.
Interested in building private applications? Check out Aleo’s programming language called Leo by visiting http://developer.aleo.org
You can also participate in Aleo’s incentivized testnet3 by downloading and running a snarkOS node. No sign-up is necessary to participate.
For questions, join their Discord at aleo.org/discord.
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