Convert Sommelier SOMM to Bahamian Dollar BSD
SOMM to BSD: 1 Sommelier converts to BSD 0.0002343 BSD as of October 31 at 8:17 PM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is BSD 0.0002343 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BSD 87,802.56. The amount of Sommelier traded has fallen by -BSD 10.26 in the last 24 hours, which is a 80.07% decrease. Additionally, in the last day, BSD 12.81 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is BSD 0.0002343 BSD. In other words, to buy 5 Sommelier, it would cost you BSD 0.0011713 BSD. Inversely, BSD 1.00 BSD would allow you to trade for 4,268.63 SOMM while BSD 50.00 BSD would convert to 213,431.55 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.48%. Meanwhile, in the last 24 hours, the rate has changed by 2.01%, which means that the highest exchange rate of 1 SOMM to BSD was BSD 0.0002542 BSD and the lowest 24 hour value was 1 SOMM for BSD 0.0002289 BSD. Last month, 1 SOMM was worth BSD 0.0004188 BSD. Today, it's down 44.98%. Looking back a year, Sommelier has changed by BSD 0.001429 BSD. That means that in a single year, the value of Sommelier has shrank by 83.88%.
Sommelier Market Stats
Sommelier is a non-custodial, cross-chain platform for executing actively-managed DeFi investment strategies. Community members can create Cellars that execute on an investment strategy through smart contracts. Cellars are powered by Strategy Providers (SPs) who develop trading strategies and send the recommended actions to the Sommelier Validators to be executed on the Cellar with the intention of gaining yield. Cellars can be strategies like: A portfolio of BTC and ETH that is rebalanced based on price trends that machine learning algorithms identify An NFT trading strategy that leverages Twitter sentiment around particular collections A strategy that hedges liquidity provision on DEXes Sommelier employs a unique architecture consisting of the Sommelier Cosmos SDK blockchain, an off-chain execution environment that keeps strategies private while allowing them to leverage a wide variety of off-chain data modeling techniques, and one of the best performing ETH bridges. Strategy instructions are passed across this bridge to reposition assets in Cellars. This bridge is also being expanded to allow access to other chains (like Polygon, Avalanche, etc) so strategies are not tied to just high gas ETH markets. Sommelier aggregates and batches transactions, thereby reducing gas fees, providing an attractive alternative to Ethereum’s high transaction costs. As for security, Sommelier uses a decentralized governance mechanism run by validators, ensuring state-of-the-art safety of user funds. Validators pass strategy instructions across the bridge, but users’ assets are never moved across it, instead being deployed directly into Cellars. Further, Cellars are non-custodial, meaning that users can withdraw their assets at any time, while strategy providers never have ownership of those assets.
Conversion tables
SOMM to BSD values from Today at 8:17 pm
0.5 SOMM = BSD 0.0001171 BSD |
1 SOMM = BSD 0.0002343 BSD |
5 SOMM = BSD 0.001171 BSD |
10 SOMM = BSD 0.002343 BSD |
50 SOMM = BSD 0.01171 BSD |
100 SOMM = BSD 0.02343 BSD |
500 SOMM = BSD 0.1171 BSD |
1,000 SOMM = BSD 0.2343 BSD |
BSD to SOMM values from Today at
BSD 0.50 BSD = 2,134.32 SOMM |
BSD 1.00 BSD = 4,268.63 SOMM |
BSD 5.00 BSD = 21,343.15 SOMM |
BSD 10.00 BSD = 42,686.31 SOMM |
BSD 50.00 BSD = 213,431.55 SOMM |
BSD 100.00 BSD = 426,863.09 SOMM |
BSD 500.00 BSD = 2,134,315.45 SOMM |
BSD 1,000.00 BSD = 4,268,630.90 SOMM |
SOMM to BSD over time
SOMM | Today | 24H -0.39% | 1M -78.78% | 1Y -510.05% |
|---|---|---|---|---|
0.5 SOMM | BSD 0.0001171 BSD | BSD 0.0001176 BSD | BSD 0.0002094 BSD | BSD 0.0007146 BSD |
1 SOMM | BSD 0.0002343 BSD | BSD 0.0002352 BSD | BSD 0.0004188 BSD | BSD 0.001429 BSD |
5 SOMM | BSD 0.001171 BSD | BSD 0.001176 BSD | BSD 0.002094 BSD | BSD 0.007146 BSD |
10 SOMM | BSD 0.002343 BSD | BSD 0.002352 BSD | BSD 0.004188 BSD | BSD 0.01429 BSD |
50 SOMM | BSD 0.01171 BSD | BSD 0.01176 BSD | BSD 0.02094 BSD | BSD 0.07146 BSD |
100 SOMM | BSD 0.02343 BSD | BSD 0.02352 BSD | BSD 0.04188 BSD | BSD 0.1429 BSD |
500 SOMM | BSD 0.1171 BSD | BSD 0.1176 BSD | BSD 0.2094 BSD | BSD 0.7146 BSD |
1,000 SOMM | BSD 0.2343 BSD | BSD 0.2352 BSD | BSD 0.4188 BSD | BSD 1.43 BSD |
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