Convert Sommelier SOMM to Trinidad and Tobago Dollar TTD
SOMM to TTD: 1 Sommelier converts to TTD 0.003211 TTD as of September 23 at 12:51 PM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is TTD 0.003211 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of TTD 1,203,307.15. The amount of Sommelier traded has fallen by -TTD 130.01 in the last 24 hours, which is a 85.72% decrease. Additionally, in the last day, TTD 151.68 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is TTD 0.003211 TTD. In other words, to buy 5 Sommelier, it would cost you TTD 0.016053 TTD. Inversely, TTD 1.00 TTD would allow you to trade for 311.47 SOMM while TTD 50.00 TTD would convert to 15,573.61 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 25%. Meanwhile, in the last 24 hours, the rate has changed by 1.02%, which means that the highest exchange rate of 1 SOMM to TTD was TTD 0.00334 TTD and the lowest 24 hour value was 1 SOMM for TTD 0.003148 TTD. Last month, 1 SOMM was worth TTD 0.002339 TTD. Today, it's up 37.27%. Looking back a year, Sommelier has changed by TTD 0.02114 TTD. That means that in a single year, the value of Sommelier has shrank by 84.81%.
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 TTD values from Today at 12:51 pm
0.5 SOMM = TTD 0.001605 TTD |
1 SOMM = TTD 0.003211 TTD |
5 SOMM = TTD 0.01605 TTD |
10 SOMM = TTD 0.03211 TTD |
50 SOMM = TTD 0.1605 TTD |
100 SOMM = TTD 0.3211 TTD |
500 SOMM = TTD 1.61 TTD |
1,000 SOMM = TTD 3.21 TTD |
TTD to SOMM values from Today at
TTD 0.50 TTD = 155.74 SOMM |
TTD 1.00 TTD = 311.47 SOMM |
TTD 5.00 TTD = 1,557.36 SOMM |
TTD 10.00 TTD = 3,114.72 SOMM |
TTD 50.00 TTD = 15,573.61 SOMM |
TTD 100.00 TTD = 31,147.22 SOMM |
TTD 500.00 TTD = 155,736.10 SOMM |
TTD 1,000.00 TTD = 311,472.21 SOMM |
SOMM to TTD over time
SOMM | Today | 24H 0.79% | 1M 27.16% | 1Y -558.61% |
|---|---|---|---|---|
0.5 SOMM | TTD 0.001605 TTD | TTD 0.001593 TTD | TTD 0.001169 TTD | TTD 0.01057 TTD |
1 SOMM | TTD 0.003211 TTD | TTD 0.003185 TTD | TTD 0.002339 TTD | TTD 0.02114 TTD |
5 SOMM | TTD 0.01605 TTD | TTD 0.01593 TTD | TTD 0.01169 TTD | TTD 0.1057 TTD |
10 SOMM | TTD 0.03211 TTD | TTD 0.03185 TTD | TTD 0.02339 TTD | TTD 0.2114 TTD |
50 SOMM | TTD 0.1605 TTD | TTD 0.1593 TTD | TTD 0.1169 TTD | TTD 1.06 TTD |
100 SOMM | TTD 0.3211 TTD | TTD 0.3185 TTD | TTD 0.2339 TTD | TTD 2.11 TTD |
500 SOMM | TTD 1.61 TTD | TTD 1.59 TTD | TTD 1.17 TTD | TTD 10.57 TTD |
1,000 SOMM | TTD 3.21 TTD | TTD 3.19 TTD | TTD 2.34 TTD | TTD 21.14 TTD |
Frequently asked questions
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