Convert Sommelier SOMM to Barbadian Dollar BBD

SOMM to BBD: 1 Sommelier converts to BBD 0.0005317 BBD as of November 4 at 11:18 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is BBD 0.0005317 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 199,287.79. The amount of Sommelier traded has fallen by -BBD 15.55 in the last 24 hours, which is a 85.77% decrease. Additionally, in the last day, BBD 18.13 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is BBD 0.0005317 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.0026586 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 1,880.68 SOMM while BBD 50.00 BBD would convert to 94,034.05 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 15.28%. Meanwhile, in the last 24 hours, the rate has changed by 1%, which means that the highest exchange rate of 1 SOMM to BBD was BBD 0.0005329 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0005174 BBD. Last month, 1 SOMM was worth BBD 0.0008535 BBD. Today, it's down 37.68%. Looking back a year, Sommelier has changed by BBD 0.002191 BBD. That means that in a single year, the value of Sommelier has shrank by 75.72%.

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.

BBD 0.0005317Price
BBD 199.29KMarket cap
BBD 18.13Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BBD values from Today at 11:18 am

0.5 SOMM = BBD 0.0002659 BBD
1 SOMM = BBD 0.0005317 BBD
5 SOMM = BBD 0.002659 BBD
10 SOMM = BBD 0.005317 BBD
50 SOMM = BBD 0.02659 BBD
100 SOMM = BBD 0.05317 BBD
500 SOMM = BBD 0.2659 BBD
1,000 SOMM = BBD 0.5317 BBD

BBD to SOMM values from Today at 3:53 am

BBD 0.50 BBD = 940.34 SOMM
BBD 1.00 BBD = 1,880.68 SOMM
BBD 5.00 BBD = 9,403.40 SOMM
BBD 10.00 BBD = 18,806.81 SOMM
BBD 50.00 BBD = 94,034.05 SOMM
BBD 100.00 BBD = 188,068.09 SOMM
BBD 500.00 BBD = 940,340.46 SOMM
BBD 1,000.00 BBD = 1,880,680.91 SOMM

SOMM to BBD over time

SOMM
Today
24H
100.00%
1M
100.00%
1Y
100.00%
0.5 SOMM
BBD 0.0002659 BBD
BBD 0.0002633 BBD
BBD 0.0004268 BBD
BBD 0.001096 BBD
1 SOMM
BBD 0.0005317 BBD
BBD 0.0005266 BBD
BBD 0.0008535 BBD
BBD 0.002191 BBD
5 SOMM
BBD 0.002659 BBD
BBD 0.002633 BBD
BBD 0.004268 BBD
BBD 0.01096 BBD
10 SOMM
BBD 0.005317 BBD
BBD 0.005266 BBD
BBD 0.008535 BBD
BBD 0.02191 BBD
50 SOMM
BBD 0.02659 BBD
BBD 0.02633 BBD
BBD 0.04268 BBD
BBD 0.1096 BBD
100 SOMM
BBD 0.05317 BBD
BBD 0.05266 BBD
BBD 0.08535 BBD
BBD 0.2191 BBD
500 SOMM
BBD 0.2659 BBD
BBD 0.2633 BBD
BBD 0.4268 BBD
BBD 1.10 BBD
1,000 SOMM
BBD 0.5317 BBD
BBD 0.5266 BBD
BBD 0.8535 BBD
BBD 2.19 BBD

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