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Sommelier shares our imaginative and prescient for DeFi. Its actual yield alternatives permit customers to earn the identical tokens they make investments, and obtain earnings from sustainable innovation, not cynical inflation. Not like some early-stage DeFi lending initiatives, Sommelier makes use of rigorously crafted methods and automated rebalancing to maximise yields, somewhat than merely printing its personal asset.
Final month, to have fun the launch of Actual Yield USD on Rhino, we supplied an APY enhance in $SOMM tokens. So, on high of their core yield in USDT, first-movers may lock in a early-stage bonus with no additional threat.
Now we need to cement the partnership with those that are closest to this chance: those that have pioneered the idea of cross-chain yield on our platform.
Three buckets of customers are eligible to obtain the SOMM airdrop. They’re:
Customers who maintain greater than 100 DVF/xDVF and have greater than $1000 invested in any yield alternative through rhino.fi.Customers who maintain greater than 100 DVF/xDVF and have lower than $1000 invested in any yield alternative on the platformCustomers who maintain lower than 100 DVF/xDVF and have greater than $1000 invested in any yield alternative on the platform.
The aim of this airdrop is to reward loyal DVF customers who’ve additionally proven curiosity in passive yield alternatives. The distribution of the SOMM tokens are as follows:
Buckets
Quantity of Somm awarded per consumer
Complete Somm awarded
DVF >= 100
Yield invested >= 1000
200
6600
DVF >= 100
Yield Invested < 1000
125
11375
DVF < 100
Yield Invested >= 1000
75
2100
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