Convert Sommelier SOMM to Barbadian Dollar BBD

SOMM to BBD: 1 Sommelier converts to BBD 0.0006578 BBD as of August 3 at 4:04 PM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is BBD 0.0006578 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 248,043.87. The amount of Sommelier traded has risen by BBD 117.95 in the last 24 hours, which is a 406.10% increase. Additionally, in the last day, BBD 29.04 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is BBD 0.0006578 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.003289 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 1,520.23 SOMM while BBD 50.00 BBD would convert to 76,011.32 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 10.53%. Meanwhile, in the last 24 hours, the rate has changed by 2.38%, which means that the highest exchange rate of 1 SOMM to BBD was BBD 0.0006757 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0006496 BBD. Last month, 1 SOMM was worth BBD 0.001096 BBD. Today, it's down 39.96%. Looking back a year, Sommelier has changed by BBD 0.002571 BBD. That means that in a single year, the value of Sommelier has shrank by 74.42%.

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 0.0006578Price
BBD 248.04KMarket cap
BBD 29.04Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BBD values from Today at 4:04 pm

0.5 SOMM = BBD 0.0003289 BBD
1 SOMM = BBD 0.0006578 BBD
5 SOMM = BBD 0.003289 BBD
10 SOMM = BBD 0.006578 BBD
50 SOMM = BBD 0.03289 BBD
100 SOMM = BBD 0.06578 BBD
500 SOMM = BBD 0.3289 BBD
1,000 SOMM = BBD 0.6578 BBD

BBD to SOMM values from Today at

BBD 0.50 BBD = 760.11 SOMM
BBD 1.00 BBD = 1,520.23 SOMM
BBD 5.00 BBD = 7,601.13 SOMM
BBD 10.00 BBD = 15,202.26 SOMM
BBD 50.00 BBD = 76,011.32 SOMM
BBD 100.00 BBD = 152,022.64 SOMM
BBD 500.00 BBD = 760,113.21 SOMM
BBD 1,000.00 BBD = 1,520,226.42 SOMM

SOMM to BBD over time

SOMM
Today
24H
-2.41%
1M
-66.56%
1Y
-290.88%
0.5 SOMM
BBD 0.0003289 BBD
BBD 0.0003368 BBD
BBD 0.0005478 BBD
BBD 0.001286 BBD
1 SOMM
BBD 0.0006578 BBD
BBD 0.0006737 BBD
BBD 0.001096 BBD
BBD 0.002571 BBD
5 SOMM
BBD 0.003289 BBD
BBD 0.003368 BBD
BBD 0.005478 BBD
BBD 0.01286 BBD
10 SOMM
BBD 0.006578 BBD
BBD 0.006737 BBD
BBD 0.01096 BBD
BBD 0.02571 BBD
50 SOMM
BBD 0.03289 BBD
BBD 0.03368 BBD
BBD 0.05478 BBD
BBD 0.1286 BBD
100 SOMM
BBD 0.06578 BBD
BBD 0.06737 BBD
BBD 0.1096 BBD
BBD 0.2571 BBD
500 SOMM
BBD 0.3289 BBD
BBD 0.3368 BBD
BBD 0.5478 BBD
BBD 1.29 BBD
1,000 SOMM
BBD 0.6578 BBD
BBD 0.6737 BBD
BBD 1.10 BBD
BBD 2.57 BBD

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