Sommelier believes enriching early tokenholders & protocol users is a powerful tool for cultivating adoption. The tokenomics model aims to reflect this.

Note : this is still work-in-progress. We are still working on the exact numbers below with the team.

Fees and rewards on the platform ( example for first Aave stablecoin Cellar built to bootstrap the marketplace)

PS: The fees will most likely change for future cellars depending on its performance and cellar writer preference).

Roles Cellar Performance Yield Management Fee Platform Fee SOMM Reward
1. Cellar Liquidity Provider 90% of Yield Liquidity mining SOMM reward based on bonding periods
2. Sommelier (Treasury Community) 5% of Yield (to community pool) This example is for Aave since we are bootstrapping the marketplace with our internal strategies. Fees will go to strategy makers in future cellars. 0.025% TVL(Burned )
3. Cellar creator (Financial Strategists) Cellar creators can choose to have management fees and internally decide how they would want to split the profits with the Quants. Proposal: First 20 cellars would be paid the fixed cost by Sommelier to onboard.
Post that you can make a proposal and governance pays devs or pay devs directly if you want privacy.
5. Stakers (+ Validators) 5% of Yield 0.225% TVL
6. Strategy Provider (Data-Science Strategy providers) Performance fee would be charged as defined by the strategy provider in the future Strategy Providers can choose to have management fees and internally decide how they would want to split the profits with the Data-Science team. Proposal: First 20 cellars would be paid the fixed cost by Sommelier to onboard.
Post that you can make a proposal and governance pays devs or pay devs directly if you want privacy.

We shared the tokenomics draft earlier in the community chat and are about to make a governance proposal to finalize it for the launch.

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Link to the actual tokenomics Mural

https://app.mural.co/t/sommelierfinance1819/m/sommelierfinance1819/1643784375372/bd4b69fd574950715e64411b3251863cd716656c?sender=ub00db290fd9ecd0bf9d67768