Convert Sommelier SOMM to Barbadian Dollar BBD

SOMM to BBD: 1 Sommelier converts to BBD 0.0005496 BBD as of October 18 at 1:41 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is BBD 0.0005496 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 206,006.84. The amount of Sommelier traded has fallen by -BBD 53.44 in the last 24 hours, which is a 84.75% decrease. Additionally, in the last day, BBD 63.06 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is BBD 0.0005496 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.0027482 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 1,819.34 SOMM while BBD 50.00 BBD would convert to 90,967.06 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 14.49%. Meanwhile, in the last 24 hours, the rate has changed by 10.45%, and that the highest exchange rate of 1 SOMM to BBD was BBD 0.0005624 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0004893 BBD. Last month, 1 SOMM was worth BBD 0.0007667 BBD. Today, it's down 27.19%. Looking back a year, Sommelier has changed by BBD 0.004216 BBD. That means that in a single year, the value of Sommelier has shrank by 86.76%.

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 0.0005496Price
BBD 206.01KMarket cap
BBD 63.06Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BBD values from Today at 1:41 am

0.5 SOMM = BBD 0.0002748 BBD
1 SOMM = BBD 0.0005496 BBD
5 SOMM = BBD 0.002748 BBD
10 SOMM = BBD 0.005496 BBD
50 SOMM = BBD 0.02748 BBD
100 SOMM = BBD 0.05496 BBD
500 SOMM = BBD 0.2748 BBD
1,000 SOMM = BBD 0.5496 BBD

BBD to SOMM values from Today at 3:53 am

BBD 0.50 BBD = 909.67 SOMM
BBD 1.00 BBD = 1,819.34 SOMM
BBD 5.00 BBD = 9,096.71 SOMM
BBD 10.00 BBD = 18,193.41 SOMM
BBD 50.00 BBD = 90,967.06 SOMM
BBD 100.00 BBD = 181,934.13 SOMM
BBD 500.00 BBD = 909,670.63 SOMM
BBD 1,000.00 BBD = 1,819,341.27 SOMM

SOMM to BBD over time

SOMM
Today
24H
100.00%
1M
100.00%
1Y
100.00%
0.5 SOMM
BBD 0.0002748 BBD
BBD 0.0002527 BBD
BBD 0.0003833 BBD
BBD 0.002108 BBD
1 SOMM
BBD 0.0005496 BBD
BBD 0.0005054 BBD
BBD 0.0007667 BBD
BBD 0.004216 BBD
5 SOMM
BBD 0.002748 BBD
BBD 0.002527 BBD
BBD 0.003833 BBD
BBD 0.02108 BBD
10 SOMM
BBD 0.005496 BBD
BBD 0.005054 BBD
BBD 0.007667 BBD
BBD 0.04216 BBD
50 SOMM
BBD 0.02748 BBD
BBD 0.02527 BBD
BBD 0.03833 BBD
BBD 0.2108 BBD
100 SOMM
BBD 0.05496 BBD
BBD 0.05054 BBD
BBD 0.07667 BBD
BBD 0.4216 BBD
500 SOMM
BBD 0.2748 BBD
BBD 0.2527 BBD
BBD 0.3833 BBD
BBD 2.11 BBD
1,000 SOMM
BBD 0.5496 BBD
BBD 0.5054 BBD
BBD 0.7667 BBD
BBD 4.22 BBD

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