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User Guide: How to Participate in Strategies on Sommelier

Ease of use is a core design principle for us at Sommelier. We want interacting with a Strategy to be a simple and familiar experience for everyday users. With that in mind, there are two ways to participate in Strategies.

Option 1: Buy the Token on Uniswap

Strategy Tokens enable anyone to participate in actively managed crypto portfolios just by holding a token. By holding the Strategy Token, you own the underlying assets in the Strategy. For example, in an ETH and BTC Strategy, holding the Strategy Token means you’re holding a mix of ETH and BTC that is being managed by the strategist. The strategist and smart contract algorithms handle all of the portfolio management. You don’t have to do a thing. When you’re ready to leave the Strategy, all you have to do is sell the token. You can learn more about what Strategy Tokens are and how they work in our blog here.

Once you’ve selected a Strategy that you’d like to try, follow these steps:

1. Connect to the Uniswap App and click the token you’d like to pay with. To find the Strategy Token you’d like to acquire, click on the “Select token” dropdown.

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2. Enter the token ticker of the Strategy Token you’re looking for (e.g., ETHBTCTrend, ETHBTCMom, etc.) and select it from the list.

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3. Enter the amount you’d like to spend/buy and click “Swap” and confirm the transaction.

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4. That’s it! All you have to do is hold your Strategy Token and track the performance of the Strategy on our App. Once on the site, select the Strategy that corresponds to your Strategy Token and click “Manage Portfolio” to find detailed performance information. When you’re ready to leave the Strategy, you can sell for whatever tokens you’d like on Uniswap.

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Option 2: Deposit Directly on the Sommelier App

If you already have the tokens that are part of a strategy (like ETH for a strategy involving (ETH+BTC), you can connect to our App and deposit directly.

1. Connect to our App and select the Strategy that you’d like to participate in.

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2. Click “Manage Portfolio” on the right hand side of the page.

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3. Click on the "Buy" button.

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4. Select the token you’d like to deposit from the dropdown and enter the amount. Click “Submit” and confirm the transaction.

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5. That’s it! Return to the “Manage Portfolio” page to track the value of your tokens and the Strategy’s performance. When you’re ready to leave a Strategy, just click the “Sell” button.

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This website does not constitute an offer to sell or a solicitation of interest to purchase any securities in any country or jurisdiction in which such offer or solicitation is not permitted by law. Nothing on this website is meant to be construed as investment advice and we do not provide investment advisory services, nor are we regulated or permitted to do so. This website is provided for convenience only. Sommelier does not manage any portfolios. You must make an independent judgment as to whether to add liquidity to portfolios.

Users of the Sommelier website should familiarize themselves with smart contracts to further consider the risks associated with smart contracts before adding liquidity to any portfolios.

Note that the website may change, and we are under no obligation to update or advise as to these changes. There is no guarantee that the Sommelier Mainnet, including any software, products or token use cases mentioned on the website, will be built, or offered by Sommelier. In particular, actual results and developments may be materially different from any forecast, opinion or expectation expressed in this website, or documents contained in it, and the past performance of any portfolio must not be relied on as a guide to its future performance.

To the extent permitted by law, the company and its directors, officers, employees, agents exclude all liability for any loss or damage arising from the use of, or reliance on, the material contained on this website whether or not caused by a negligent act or omission. The release, publication or distribution of this website and any materials herein may be restricted in some jurisdiction and therefore you must inform yourself of and observe any such restrictions.

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