What is a Cellar Liquidity Provider?
A Cellar liquidity provider is a person who puts their liquidity into a Cellar because they believe the Cellar strategy can yield them a profit.
How do I get started as a Cellar Liquidity Provider?
A Cellar Liquidity Provider can insert their liquidity through the Sommelier front-end webapp or programmatically through function calls on the chain where the Cellar is deployed.
What fees do I earn as a Cellar Liquidity Provider?
The Cellar LPs will gain all profits from the Cellar strategy, minus the fees that are needed for the Sommelier platform to function. Each Cellar will outline the current and expected returns on a Cellar and the strategy outline.
Can I contribute to a Cellar even if I’m not the Cellar Liquidity Provider?
Yes. If you have investment ideas for a Cellar that has already been created, we encourage you to contact the Strategy Provider through the Cellar portal. Should the Strategy Provider want to work with you to realize those ideas, they can designate you as a Cellar Strategist for that Cellar and apportion a percentage of their fees as compensation.