Convert Sommelier SOMM to Barbadian Dollar BBD

SOMM to BBD: 1 Sommelier converts to BBD 0.0004729 BBD as of November 1 at 8:58 AM

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About Sommelier

Sommelier is falling this week. The current price of Sommelier is BBD 0.0004729 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 177,252.24. The amount of Sommelier traded has fallen by -BBD 20.18 in the last 24 hours, which is a 15.71% decrease. Additionally, in the last day, BBD 128.46 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is BBD 0.0004729 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.0023646 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 2,114.48 SOMM while BBD 50.00 BBD would convert to 105,724.12 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 4.33%. Meanwhile, in the last 24 hours, the rate has changed by 0.9%, which means that the highest exchange rate of 1 SOMM to BBD was BBD 0.000484 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0004462 BBD. Last month, 1 SOMM was worth BBD 0.0009359 BBD. Today, it's down 49.43%. Looking back a year, Sommelier has changed by BBD 0.002858 BBD. That means that in a single year, the value of Sommelier has shrank by 83.44%.

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 0.0004729Price
BBD 177.25KMarket cap
BBD 128.46Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BBD values from Today at 8:58 am

0.5 SOMM = BBD 0.0002365 BBD
1 SOMM = BBD 0.0004729 BBD
5 SOMM = BBD 0.002365 BBD
10 SOMM = BBD 0.004729 BBD
50 SOMM = BBD 0.02365 BBD
100 SOMM = BBD 0.04729 BBD
500 SOMM = BBD 0.2365 BBD
1,000 SOMM = BBD 0.4729 BBD

BBD to SOMM values from Today at 3:53 am

BBD 0.50 BBD = 1,057.24 SOMM
BBD 1.00 BBD = 2,114.48 SOMM
BBD 5.00 BBD = 10,572.41 SOMM
BBD 10.00 BBD = 21,144.82 SOMM
BBD 50.00 BBD = 105,724.12 SOMM
BBD 100.00 BBD = 211,448.24 SOMM
BBD 500.00 BBD = 1,057,241.22 SOMM
BBD 1,000.00 BBD = 2,114,482.43 SOMM

SOMM to BBD over time

SOMM
Today
24H
100.00%
1M
100.00%
1Y
100.00%
0.5 SOMM
BBD 0.0002365 BBD
BBD 0.0002392 BBD
BBD 0.000468 BBD
BBD 0.001429 BBD
1 SOMM
BBD 0.0004729 BBD
BBD 0.0004785 BBD
BBD 0.0009359 BBD
BBD 0.002858 BBD
5 SOMM
BBD 0.002365 BBD
BBD 0.002392 BBD
BBD 0.00468 BBD
BBD 0.01429 BBD
10 SOMM
BBD 0.004729 BBD
BBD 0.004785 BBD
BBD 0.009359 BBD
BBD 0.02858 BBD
50 SOMM
BBD 0.02365 BBD
BBD 0.02392 BBD
BBD 0.0468 BBD
BBD 0.1429 BBD
100 SOMM
BBD 0.04729 BBD
BBD 0.04785 BBD
BBD 0.09359 BBD
BBD 0.2858 BBD
500 SOMM
BBD 0.2365 BBD
BBD 0.2392 BBD
BBD 0.468 BBD
BBD 1.43 BBD
1,000 SOMM
BBD 0.4729 BBD
BBD 0.4785 BBD
BBD 0.9359 BBD
BBD 2.86 BBD

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