Convert Sommelier SOMM to Barbadian Dollar BBD

SOMM to BBD: 1 Sommelier converts to BBD 0.0003813 BBD as of November 11 at 1:33 AM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is BBD 0.0003813 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 142,907.77. The amount of Sommelier traded has risen by BBD 11,753.16 in the last 24 hours, which is a 2,527.34% increase. Additionally, in the last day, BBD 465.04 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is BBD 0.0003813 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.0019065 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 2,622.65 SOMM while BBD 50.00 BBD would convert to 131,132.38 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 27.13%. Meanwhile, in the last 24 hours, the rate has changed by 14.68%, and that the highest exchange rate of 1 SOMM to BBD was BBD 0.0004502 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0003268 BBD. Last month, 1 SOMM was worth BBD 0.0006538 BBD. Today, it's down 41.25%. 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 89.63%.

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 0.0003813Price
BBD 142.91KMarket cap
BBD 465.04Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BBD values from Today at 1:33 am

0.5 SOMM = BBD 0.0001906 BBD
1 SOMM = BBD 0.0003813 BBD
5 SOMM = BBD 0.001906 BBD
10 SOMM = BBD 0.003813 BBD
50 SOMM = BBD 0.01906 BBD
100 SOMM = BBD 0.03813 BBD
500 SOMM = BBD 0.1906 BBD
1,000 SOMM = BBD 0.3813 BBD

BBD to SOMM values from Today at 3:53 am

BBD 0.50 BBD = 1,311.32 SOMM
BBD 1.00 BBD = 2,622.65 SOMM
BBD 5.00 BBD = 13,113.24 SOMM
BBD 10.00 BBD = 26,226.48 SOMM
BBD 50.00 BBD = 131,132.38 SOMM
BBD 100.00 BBD = 262,264.76 SOMM
BBD 500.00 BBD = 1,311,323.82 SOMM
BBD 1,000.00 BBD = 2,622,647.64 SOMM

SOMM to BBD over time

SOMM
Today
24H
100.00%
1M
100.00%
1Y
100.00%
0.5 SOMM
BBD 0.0001906 BBD
BBD 0.0002251 BBD
BBD 0.0003269 BBD
BBD 0.001852 BBD
1 SOMM
BBD 0.0003813 BBD
BBD 0.0004502 BBD
BBD 0.0006538 BBD
BBD 0.003703 BBD
5 SOMM
BBD 0.001906 BBD
BBD 0.002251 BBD
BBD 0.003269 BBD
BBD 0.01852 BBD
10 SOMM
BBD 0.003813 BBD
BBD 0.004502 BBD
BBD 0.006538 BBD
BBD 0.03703 BBD
50 SOMM
BBD 0.01906 BBD
BBD 0.02251 BBD
BBD 0.03269 BBD
BBD 0.1852 BBD
100 SOMM
BBD 0.03813 BBD
BBD 0.04502 BBD
BBD 0.06538 BBD
BBD 0.3703 BBD
500 SOMM
BBD 0.1906 BBD
BBD 0.2251 BBD
BBD 0.3269 BBD
BBD 1.85 BBD
1,000 SOMM
BBD 0.3813 BBD
BBD 0.4502 BBD
BBD 0.6538 BBD
BBD 3.70 BBD

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