Convert Sommelier SOMM to Real BRL
SOMM to BRL: 1 Sommelier converts to R$0.001953 BRL as of October 6 at 6:56 PM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is R$0.001953 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of R$731,866.64. The amount of Sommelier traded has fallen by -R$47.92 in the last 24 hours, which is a 77.51% decrease. Additionally, in the last day, R$61.83 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is R$0.001953 BRL. In other words, to buy 5 Sommelier, it would cost you R$0.009763 BRL. Inversely, R$1.00 BRL would allow you to trade for 512.14 SOMM while R$50.00 BRL would convert to 25,606.89 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 23.5%. Meanwhile, in the last 24 hours, the rate has changed by 3.49%, and that the highest exchange rate of 1 SOMM to BRL was R$0.002064 BRL and the lowest 24 hour value was 1 SOMM for R$0.001946 BRL. Last month, 1 SOMM was worth R$0.001862 BRL. Today, it's up 7.84%. Looking back a year, Sommelier has changed by R$0.01853 BRL. That means that in a single year, the value of Sommelier has shrank by 88.68%.
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 BRL values from Today at 6:56 pm
0.5 SOMM = R$0.0009763 BRL |
1 SOMM = R$0.001953 BRL |
5 SOMM = R$0.009763 BRL |
10 SOMM = R$0.01953 BRL |
50 SOMM = R$0.09763 BRL |
100 SOMM = R$0.1953 BRL |
500 SOMM = R$0.9763 BRL |
1,000 SOMM = R$1.95 BRL |
BRL to SOMM values from Today at 6:58 pm
R$0.50 BRL = 256.07 SOMM |
R$1.00 BRL = 512.14 SOMM |
R$5.00 BRL = 2,560.69 SOMM |
R$10.00 BRL = 5,121.38 SOMM |
R$50.00 BRL = 25,606.89 SOMM |
R$100.00 BRL = 51,213.78 SOMM |
R$500.00 BRL = 256,068.90 SOMM |
R$1,000.00 BRL = 512,137.80 SOMM |
SOMM to BRL over time
SOMM | Today | 24H 99.07% | 1M 99.15% | 1Y 91.52% |
|---|---|---|---|---|
0.5 SOMM | R$0.0009763 BRL | R$0.001015 BRL | R$0.0009311 BRL | R$0.009266 BRL |
1 SOMM | R$0.001953 BRL | R$0.00203 BRL | R$0.001862 BRL | R$0.01853 BRL |
5 SOMM | R$0.009763 BRL | R$0.01015 BRL | R$0.009311 BRL | R$0.09266 BRL |
10 SOMM | R$0.01953 BRL | R$0.0203 BRL | R$0.01862 BRL | R$0.1853 BRL |
50 SOMM | R$0.09763 BRL | R$0.1015 BRL | R$0.09311 BRL | R$0.9266 BRL |
100 SOMM | R$0.1953 BRL | R$0.203 BRL | R$0.1862 BRL | R$1.85 BRL |
500 SOMM | R$0.9763 BRL | R$1.01 BRL | R$0.9311 BRL | R$9.27 BRL |
1,000 SOMM | R$1.95 BRL | R$2.03 BRL | R$1.86 BRL | R$18.53 BRL |
Frequently asked questions
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