Convert Sommelier SOMM to Barbadian Dollar BBD
SOMM to BBD: 1 Sommelier converts to BBD 0.0007285 BBD as of August 11 at 2:57 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is BBD 0.0007285 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 274,933.26. The amount of Sommelier traded has fallen by -BBD 0.12 in the last 24 hours, which is a 97.59% decrease. Additionally, in the last day, BBD 0.12 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is BBD 0.0007285 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.0036424 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 1,372.74 SOMM while BBD 50.00 BBD would convert to 68,636.89 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.12%. Meanwhile, in the last 24 hours, the rate has changed by 0.38%, which means that the highest exchange rate of 1 SOMM to BBD was BBD 0.0007371 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0007254 BBD. Last month, 1 SOMM was worth BBD 0.0007333 BBD. Today, it's down 0.56%. Looking back a year, Sommelier has changed by BBD 0.002321 BBD. That means that in a single year, the value of Sommelier has shrank by 68.58%.
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 2:57 am
0.5 SOMM = BBD 0.0003642 BBD |
1 SOMM = BBD 0.0007285 BBD |
5 SOMM = BBD 0.003642 BBD |
10 SOMM = BBD 0.007285 BBD |
50 SOMM = BBD 0.03642 BBD |
100 SOMM = BBD 0.07285 BBD |
500 SOMM = BBD 0.3642 BBD |
1,000 SOMM = BBD 0.7285 BBD |
BBD to SOMM values from Today at
BBD 0.50 BBD = 686.37 SOMM |
BBD 1.00 BBD = 1,372.74 SOMM |
BBD 5.00 BBD = 6,863.69 SOMM |
BBD 10.00 BBD = 13,727.38 SOMM |
BBD 50.00 BBD = 68,636.89 SOMM |
BBD 100.00 BBD = 137,273.78 SOMM |
BBD 500.00 BBD = 686,368.92 SOMM |
BBD 1,000.00 BBD = 1,372,737.83 SOMM |
SOMM to BBD over time
SOMM | Today | 24H -0.48% | 1M -0.66% | 1Y -218.56% |
|---|---|---|---|---|
0.5 SOMM | BBD 0.0003642 BBD | BBD 0.000366 BBD | BBD 0.0003666 BBD | BBD 0.00116 BBD |
1 SOMM | BBD 0.0007285 BBD | BBD 0.000732 BBD | BBD 0.0007333 BBD | BBD 0.002321 BBD |
5 SOMM | BBD 0.003642 BBD | BBD 0.00366 BBD | BBD 0.003666 BBD | BBD 0.0116 BBD |
10 SOMM | BBD 0.007285 BBD | BBD 0.00732 BBD | BBD 0.007333 BBD | BBD 0.02321 BBD |
50 SOMM | BBD 0.03642 BBD | BBD 0.0366 BBD | BBD 0.03666 BBD | BBD 0.116 BBD |
100 SOMM | BBD 0.07285 BBD | BBD 0.0732 BBD | BBD 0.07333 BBD | BBD 0.2321 BBD |
500 SOMM | BBD 0.3642 BBD | BBD 0.366 BBD | BBD 0.3666 BBD | BBD 1.16 BBD |
1,000 SOMM | BBD 0.7285 BBD | BBD 0.732 BBD | BBD 0.7333 BBD | BBD 2.32 BBD |
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