Convert Sommelier SOMM to Moldovan Leu MDL
SOMM to MDL: 1 Sommelier converts to MDL 0.004316 MDL as of October 21 at 9:55 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is MDL 0.004316 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MDL 0.00. The amount of Sommelier traded has fallen by MDL 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, MDL 0.00 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is MDL 0.004316 MDL. In other words, to buy 5 Sommelier, it would cost you MDL 0.02158 MDL. Inversely, MDL 1.00 MDL would allow you to trade for 231.69 SOMM while MDL 50.00 MDL would convert to 11,584.56 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 SOMM to MDL was MDL 0.00469 MDL and the lowest 24 hour value was 1 SOMM for MDL 0.002884 MDL. Last month, 1 SOMM was worth MDL 0.006836 MDL. Today, it's up 0%. Looking back a year, Sommelier has changed by MDL 0.0289 MDL. That means that in a single year, the value of Sommelier has grown by 0%.
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 MDL values from Today at 9:55 am
0.5 SOMM = MDL 0.002158 MDL |
1 SOMM = MDL 0.004316 MDL |
5 SOMM = MDL 0.02158 MDL |
10 SOMM = MDL 0.04316 MDL |
50 SOMM = MDL 0.2158 MDL |
100 SOMM = MDL 0.4316 MDL |
500 SOMM = MDL 2.16 MDL |
1,000 SOMM = MDL 4.32 MDL |
MDL to SOMM values from Today at
MDL 0.50 MDL = 115.85 SOMM |
MDL 1.00 MDL = 231.69 SOMM |
MDL 5.00 MDL = 1,158.46 SOMM |
MDL 10.00 MDL = 2,316.91 SOMM |
MDL 50.00 MDL = 11,584.56 SOMM |
MDL 100.00 MDL = 23,169.12 SOMM |
MDL 500.00 MDL = 115,845.62 SOMM |
MDL 1,000.00 MDL = 231,691.24 SOMM |
SOMM to MDL over time
SOMM | Today | 24H 7.72% | 1M -58.38% | 1Y -569.65% |
|---|---|---|---|---|
0.5 SOMM | MDL 0.002158 MDL | MDL 0.001991 MDL | MDL 0.003418 MDL | MDL 0.01445 MDL |
1 SOMM | MDL 0.004316 MDL | MDL 0.003983 MDL | MDL 0.006836 MDL | MDL 0.0289 MDL |
5 SOMM | MDL 0.02158 MDL | MDL 0.01991 MDL | MDL 0.03418 MDL | MDL 0.1445 MDL |
10 SOMM | MDL 0.04316 MDL | MDL 0.03983 MDL | MDL 0.06836 MDL | MDL 0.289 MDL |
50 SOMM | MDL 0.2158 MDL | MDL 0.1991 MDL | MDL 0.3418 MDL | MDL 1.45 MDL |
100 SOMM | MDL 0.4316 MDL | MDL 0.3983 MDL | MDL 0.6836 MDL | MDL 2.89 MDL |
500 SOMM | MDL 2.16 MDL | MDL 1.99 MDL | MDL 3.42 MDL | MDL 14.45 MDL |
1,000 SOMM | MDL 4.32 MDL | MDL 3.98 MDL | MDL 6.84 MDL | MDL 28.90 MDL |
Frequently asked questions
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