Convert Sommelier SOMM to Barbadian Dollar BBD

SOMM to BBD: 1 Sommelier converts to BBD 0.0007038 BBD as of September 9 at 8:12 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is BBD 0.0007038 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 263,784.72. The amount of Sommelier traded has risen by BBD 5.34 in the last 24 hours, which is a 12.88% increase. Additionally, in the last day, BBD 41.47 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is BBD 0.0007038 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.003519 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 1,420.84 SOMM while BBD 50.00 BBD would convert to 71,042.16 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 8.03%. Meanwhile, in the last 24 hours, the rate has changed by 7.34%, which means that the highest exchange rate of 1 SOMM to BBD was BBD 0.0007011 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0006573 BBD. Last month, 1 SOMM was worth BBD 0.000748 BBD. Today, it's down 5.62%. Looking back a year, Sommelier has changed by BBD 0.002878 BBD. That means that in a single year, the value of Sommelier has shrank by 75.47%.

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 0.0007038Price
BBD 263.78KMarket cap
BBD 41.47Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BBD values from Today at 8:12 am

0.5 SOMM = BBD 0.0003519 BBD
1 SOMM = BBD 0.0007038 BBD
5 SOMM = BBD 0.003519 BBD
10 SOMM = BBD 0.007038 BBD
50 SOMM = BBD 0.03519 BBD
100 SOMM = BBD 0.07038 BBD
500 SOMM = BBD 0.3519 BBD
1,000 SOMM = BBD 0.7038 BBD

BBD to SOMM values from Today at

BBD 0.50 BBD = 710.42 SOMM
BBD 1.00 BBD = 1,420.84 SOMM
BBD 5.00 BBD = 7,104.22 SOMM
BBD 10.00 BBD = 14,208.43 SOMM
BBD 50.00 BBD = 71,042.16 SOMM
BBD 100.00 BBD = 142,084.33 SOMM
BBD 500.00 BBD = 710,421.63 SOMM
BBD 1,000.00 BBD = 1,420,843.26 SOMM

SOMM to BBD over time

SOMM
Today
24H
6.54%
1M
-6.29%
1Y
-308.98%
0.5 SOMM
BBD 0.0003519 BBD
BBD 0.0003289 BBD
BBD 0.000374 BBD
BBD 0.001439 BBD
1 SOMM
BBD 0.0007038 BBD
BBD 0.0006578 BBD
BBD 0.000748 BBD
BBD 0.002878 BBD
5 SOMM
BBD 0.003519 BBD
BBD 0.003289 BBD
BBD 0.00374 BBD
BBD 0.01439 BBD
10 SOMM
BBD 0.007038 BBD
BBD 0.006578 BBD
BBD 0.00748 BBD
BBD 0.02878 BBD
50 SOMM
BBD 0.03519 BBD
BBD 0.03289 BBD
BBD 0.0374 BBD
BBD 0.1439 BBD
100 SOMM
BBD 0.07038 BBD
BBD 0.06578 BBD
BBD 0.0748 BBD
BBD 0.2878 BBD
500 SOMM
BBD 0.3519 BBD
BBD 0.3289 BBD
BBD 0.374 BBD
BBD 1.44 BBD
1,000 SOMM
BBD 0.7038 BBD
BBD 0.6578 BBD
BBD 0.748 BBD
BBD 2.88 BBD

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