Convert Sommelier SOMM to Barbadian Dollar BBD

SOMM to BBD: 1 Sommelier converts to BBD 0.0004003 BBD as of November 11 at 10:57 PM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is BBD 0.0004003 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 150,028.75. The amount of Sommelier traded has fallen by -BBD 82.35 in the last 24 hours, which is a 91.03% decrease. Additionally, in the last day, BBD 90.46 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is BBD 0.0004003 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.0020015 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 2,498.17 SOMM while BBD 50.00 BBD would convert to 124,908.31 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 23.79%. Meanwhile, in the last 24 hours, the rate has changed by 4.33%, and that the highest exchange rate of 1 SOMM to BBD was BBD 0.0004176 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.000376 BBD. Last month, 1 SOMM was worth BBD 0.000598 BBD. Today, it's down 33.77%. Looking back a year, Sommelier has changed by BBD 0.003703 BBD. That means that in a single year, the value of Sommelier has shrank by 89.3%.

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 0.0004003Price
BBD 150.03KMarket cap
BBD 90.46Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BBD values from Today at 10:57 pm

0.5 SOMM = BBD 0.0002001 BBD
1 SOMM = BBD 0.0004003 BBD
5 SOMM = BBD 0.002001 BBD
10 SOMM = BBD 0.004003 BBD
50 SOMM = BBD 0.02001 BBD
100 SOMM = BBD 0.04003 BBD
500 SOMM = BBD 0.2001 BBD
1,000 SOMM = BBD 0.4003 BBD

BBD to SOMM values from Today at 3:53 am

BBD 0.50 BBD = 1,249.08 SOMM
BBD 1.00 BBD = 2,498.17 SOMM
BBD 5.00 BBD = 12,490.83 SOMM
BBD 10.00 BBD = 24,981.66 SOMM
BBD 50.00 BBD = 124,908.31 SOMM
BBD 100.00 BBD = 249,816.61 SOMM
BBD 500.00 BBD = 1,249,083.05 SOMM
BBD 1,000.00 BBD = 2,498,166.10 SOMM

SOMM to BBD over time

SOMM
Today
24H
100.00%
1M
100.00%
1Y
100.00%
0.5 SOMM
BBD 0.0002001 BBD
BBD 0.0001899 BBD
BBD 0.000299 BBD
BBD 0.001852 BBD
1 SOMM
BBD 0.0004003 BBD
BBD 0.0003799 BBD
BBD 0.000598 BBD
BBD 0.003703 BBD
5 SOMM
BBD 0.002001 BBD
BBD 0.001899 BBD
BBD 0.00299 BBD
BBD 0.01852 BBD
10 SOMM
BBD 0.004003 BBD
BBD 0.003799 BBD
BBD 0.00598 BBD
BBD 0.03703 BBD
50 SOMM
BBD 0.02001 BBD
BBD 0.01899 BBD
BBD 0.0299 BBD
BBD 0.1852 BBD
100 SOMM
BBD 0.04003 BBD
BBD 0.03799 BBD
BBD 0.0598 BBD
BBD 0.3703 BBD
500 SOMM
BBD 0.2001 BBD
BBD 0.1899 BBD
BBD 0.299 BBD
BBD 1.85 BBD
1,000 SOMM
BBD 0.4003 BBD
BBD 0.3799 BBD
BBD 0.598 BBD
BBD 3.70 BBD

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