Sommelier partners with Mysten Labs to launch Cosmos smart contracts

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Sommelier, a co-processing protocol to the Ethereum Virtual Machine, or EVM, announced a research and development partnership with Mysten Labs to increase liquidity transaction speeds and launch smart contract applications on the Cosmos blockchain on Tuesday.

 

Founded in 2020 by Zaki Manian, a core developer on the Cosmos protocol, Sommelier is a test-net protocol designed to deliver enterprise-grade automated financial transactions such as limit orders, batched orders and portfolio rebalancing to decentralized finance, or DeFi, traders and liquidity providers, or LPs.

 

The blockchain, which combines the Tendermint consensus layer, Cosmos Stargate SDK, and dual-way Ethereum bridge, will work with Mysten to implement Move smart contract programming to provide the entire ecosystem of Cosmos developers, as well as those on its Ethereum Gravity Bridge, with smart contract capabilities.

 

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