Convert Sommelier SOMM to Barbadian Dollar BBD
SOMM to BBD: 1 Sommelier converts to BBD 0.0005114 BBD as of November 5 at 4:51 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is BBD 0.0005114 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 191,684.56. The amount of Sommelier traded has fallen by -BBD 5.38 in the last 24 hours, which is a 71.00% decrease. Additionally, in the last day, BBD 7.58 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is BBD 0.0005114 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.0025572 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 1,955.28 SOMM while BBD 50.00 BBD would convert to 97,763.94 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 15.86%. Meanwhile, in the last 24 hours, the rate has changed by 0.67%, which means that the highest exchange rate of 1 SOMM to BBD was BBD 0.000537 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0005146 BBD. Last month, 1 SOMM was worth BBD 0.0008273 BBD. Today, it's down 37.57%. Looking back a year, Sommelier has changed by BBD 0.002324 BBD. That means that in a single year, the value of Sommelier has shrank by 77.78%.
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 BBD values from Today at 4:51 am
0.5 SOMM = BBD 0.0002557 BBD |
1 SOMM = BBD 0.0005114 BBD |
5 SOMM = BBD 0.002557 BBD |
10 SOMM = BBD 0.005114 BBD |
50 SOMM = BBD 0.02557 BBD |
100 SOMM = BBD 0.05114 BBD |
500 SOMM = BBD 0.2557 BBD |
1,000 SOMM = BBD 0.5114 BBD |
BBD to SOMM values from Today at 3:53 am
BBD 0.50 BBD = 977.64 SOMM |
BBD 1.00 BBD = 1,955.28 SOMM |
BBD 5.00 BBD = 9,776.39 SOMM |
BBD 10.00 BBD = 19,552.79 SOMM |
BBD 50.00 BBD = 97,763.94 SOMM |
BBD 100.00 BBD = 195,527.87 SOMM |
BBD 500.00 BBD = 977,639.37 SOMM |
BBD 1,000.00 BBD = 1,955,278.73 SOMM |
SOMM to BBD over time
SOMM | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 SOMM | BBD 0.0002557 BBD | BBD 0.0002612 BBD | BBD 0.0004136 BBD | BBD 0.001162 BBD |
1 SOMM | BBD 0.0005114 BBD | BBD 0.0005224 BBD | BBD 0.0008273 BBD | BBD 0.002324 BBD |
5 SOMM | BBD 0.002557 BBD | BBD 0.002612 BBD | BBD 0.004136 BBD | BBD 0.01162 BBD |
10 SOMM | BBD 0.005114 BBD | BBD 0.005224 BBD | BBD 0.008273 BBD | BBD 0.02324 BBD |
50 SOMM | BBD 0.02557 BBD | BBD 0.02612 BBD | BBD 0.04136 BBD | BBD 0.1162 BBD |
100 SOMM | BBD 0.05114 BBD | BBD 0.05224 BBD | BBD 0.08273 BBD | BBD 0.2324 BBD |
500 SOMM | BBD 0.2557 BBD | BBD 0.2612 BBD | BBD 0.4136 BBD | BBD 1.16 BBD |
1,000 SOMM | BBD 0.5114 BBD | BBD 0.5224 BBD | BBD 0.8273 BBD | BBD 2.32 BBD |
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