Convert Sommelier SOMM to Barbadian Dollar BBD

SOMM to BBD: 1 Sommelier converts to BBD 0.000778 BBD as of August 27 at 10:59 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is BBD 0.000778 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 291,605.97. The amount of Sommelier traded has fallen by -BBD 101.92 in the last 24 hours, which is a 82.87% decrease. Additionally, in the last day, BBD 123.00 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is BBD 0.000778 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.0038902 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 1,285.28 SOMM while BBD 50.00 BBD would convert to 64,264.24 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 18.35%. Meanwhile, in the last 24 hours, the rate has changed by 12.89%, which means that the highest exchange rate of 1 SOMM to BBD was BBD 0.0007777 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0006846 BBD. Last month, 1 SOMM was worth BBD 0.0005933 BBD. Today, it's up 30.29%. Looking back a year, Sommelier has changed by BBD 0.002303 BBD. That means that in a single year, the value of Sommelier has shrank by 66.43%.

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 0.000778Price
BBD 291.61KMarket cap
BBD 123.00Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BBD values from Today at 10:59 am

0.5 SOMM = BBD 0.000389 BBD
1 SOMM = BBD 0.000778 BBD
5 SOMM = BBD 0.00389 BBD
10 SOMM = BBD 0.00778 BBD
50 SOMM = BBD 0.0389 BBD
100 SOMM = BBD 0.0778 BBD
500 SOMM = BBD 0.389 BBD
1,000 SOMM = BBD 0.778 BBD

BBD to SOMM values from Today at

BBD 0.50 BBD = 642.64 SOMM
BBD 1.00 BBD = 1,285.28 SOMM
BBD 5.00 BBD = 6,426.42 SOMM
BBD 10.00 BBD = 12,852.85 SOMM
BBD 50.00 BBD = 64,264.24 SOMM
BBD 100.00 BBD = 128,528.49 SOMM
BBD 500.00 BBD = 642,642.44 SOMM
BBD 1,000.00 BBD = 1,285,284.88 SOMM

SOMM to BBD over time

SOMM
Today
24H
11.93%
1M
23.74%
1Y
-195.99%
0.5 SOMM
BBD 0.000389 BBD
BBD 0.0003426 BBD
BBD 0.0002966 BBD
BBD 0.001151 BBD
1 SOMM
BBD 0.000778 BBD
BBD 0.0006852 BBD
BBD 0.0005933 BBD
BBD 0.002303 BBD
5 SOMM
BBD 0.00389 BBD
BBD 0.003426 BBD
BBD 0.002966 BBD
BBD 0.01151 BBD
10 SOMM
BBD 0.00778 BBD
BBD 0.006852 BBD
BBD 0.005933 BBD
BBD 0.02303 BBD
50 SOMM
BBD 0.0389 BBD
BBD 0.03426 BBD
BBD 0.02966 BBD
BBD 0.1151 BBD
100 SOMM
BBD 0.0778 BBD
BBD 0.06852 BBD
BBD 0.05933 BBD
BBD 0.2303 BBD
500 SOMM
BBD 0.389 BBD
BBD 0.3426 BBD
BBD 0.2966 BBD
BBD 1.15 BBD
1,000 SOMM
BBD 0.778 BBD
BBD 0.6852 BBD
BBD 0.5933 BBD
BBD 2.30 BBD

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