Convert Sommelier SOMM to Barbadian Dollar BBD

SOMM to BBD: 1 Sommelier converts to BBD 0.000697 BBD as of August 8 at 12:23 PM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is BBD 0.000697 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 261,069.20. The amount of Sommelier traded has risen by BBD 0.65 in the last 24 hours, which is a 11.14% increase. Additionally, in the last day, BBD 5.82 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is BBD 0.000697 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.0034848 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 1,434.80 SOMM while BBD 50.00 BBD would convert to 71,740.13 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 3.52%. Meanwhile, in the last 24 hours, the rate has changed by 0.85%, which means that the highest exchange rate of 1 SOMM to BBD was BBD 0.0006978 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0006879 BBD. Last month, 1 SOMM was worth BBD 0.0007169 BBD. Today, it's down 2.78%. Looking back a year, Sommelier has changed by BBD 0.002793 BBD. That means that in a single year, the value of Sommelier has shrank by 75.05%.

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 0.000697Price
BBD 261.07KMarket cap
BBD 5.82Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BBD values from Today at 12:23 pm

0.5 SOMM = BBD 0.0003485 BBD
1 SOMM = BBD 0.000697 BBD
5 SOMM = BBD 0.003485 BBD
10 SOMM = BBD 0.00697 BBD
50 SOMM = BBD 0.03485 BBD
100 SOMM = BBD 0.0697 BBD
500 SOMM = BBD 0.3485 BBD
1,000 SOMM = BBD 0.697 BBD

BBD to SOMM values from Today at

BBD 0.50 BBD = 717.40 SOMM
BBD 1.00 BBD = 1,434.80 SOMM
BBD 5.00 BBD = 7,174.01 SOMM
BBD 10.00 BBD = 14,348.03 SOMM
BBD 50.00 BBD = 71,740.13 SOMM
BBD 100.00 BBD = 143,480.25 SOMM
BBD 500.00 BBD = 717,401.27 SOMM
BBD 1,000.00 BBD = 1,434,802.54 SOMM

SOMM to BBD over time

SOMM
Today
24H
0.84%
1M
-2.86%
1Y
-300.72%
0.5 SOMM
BBD 0.0003485 BBD
BBD 0.0003455 BBD
BBD 0.0003585 BBD
BBD 0.001396 BBD
1 SOMM
BBD 0.000697 BBD
BBD 0.0006911 BBD
BBD 0.0007169 BBD
BBD 0.002793 BBD
5 SOMM
BBD 0.003485 BBD
BBD 0.003455 BBD
BBD 0.003585 BBD
BBD 0.01396 BBD
10 SOMM
BBD 0.00697 BBD
BBD 0.006911 BBD
BBD 0.007169 BBD
BBD 0.02793 BBD
50 SOMM
BBD 0.03485 BBD
BBD 0.03455 BBD
BBD 0.03585 BBD
BBD 0.1396 BBD
100 SOMM
BBD 0.0697 BBD
BBD 0.06911 BBD
BBD 0.07169 BBD
BBD 0.2793 BBD
500 SOMM
BBD 0.3485 BBD
BBD 0.3455 BBD
BBD 0.3585 BBD
BBD 1.40 BBD
1,000 SOMM
BBD 0.697 BBD
BBD 0.6911 BBD
BBD 0.7169 BBD
BBD 2.79 BBD

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