Convert Sommelier SOMM to Barbadian Dollar BBD

SOMM to BBD: 1 Sommelier converts to BBD 0.0006008 BBD as of October 19 at 2:41 PM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is BBD 0.0006008 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of BBD 225,194.26. The amount of Sommelier traded has risen by BBD 4,074.35 in the last 24 hours, which is a 670.43% increase. Additionally, in the last day, BBD 607.72 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is BBD 0.0006008 BBD. In other words, to buy 5 Sommelier, it would cost you BBD 0.0030042 BBD. Inversely, BBD 1.00 BBD would allow you to trade for 1,664.33 SOMM while BBD 50.00 BBD would convert to 83,216.32 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 11.69%. Meanwhile, in the last 24 hours, the rate has changed by 7.08%, which means that the highest exchange rate of 1 SOMM to BBD was BBD 0.0007257 BBD and the lowest 24 hour value was 1 SOMM for BBD 0.0004698 BBD. Last month, 1 SOMM was worth BBD 0.0007514 BBD. Today, it's down 18.66%. Looking back a year, Sommelier has changed by BBD 0.004206 BBD. That means that in a single year, the value of Sommelier has shrank by 85.47%.

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 0.0006008Price
BBD 225.19KMarket cap
BBD 607.72Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to BBD values from Today at 2:41 pm

0.5 SOMM = BBD 0.0003004 BBD
1 SOMM = BBD 0.0006008 BBD
5 SOMM = BBD 0.003004 BBD
10 SOMM = BBD 0.006008 BBD
50 SOMM = BBD 0.03004 BBD
100 SOMM = BBD 0.06008 BBD
500 SOMM = BBD 0.3004 BBD
1,000 SOMM = BBD 0.6008 BBD

BBD to SOMM values from Today at 3:53 am

BBD 0.50 BBD = 832.16 SOMM
BBD 1.00 BBD = 1,664.33 SOMM
BBD 5.00 BBD = 8,321.63 SOMM
BBD 10.00 BBD = 16,643.26 SOMM
BBD 50.00 BBD = 83,216.32 SOMM
BBD 100.00 BBD = 166,432.64 SOMM
BBD 500.00 BBD = 832,163.18 SOMM
BBD 1,000.00 BBD = 1,664,326.36 SOMM

SOMM to BBD over time

SOMM
Today
24H
100.00%
1M
100.00%
1Y
100.00%
0.5 SOMM
BBD 0.0003004 BBD
BBD 0.0002854 BBD
BBD 0.0003757 BBD
BBD 0.002103 BBD
1 SOMM
BBD 0.0006008 BBD
BBD 0.0005708 BBD
BBD 0.0007514 BBD
BBD 0.004206 BBD
5 SOMM
BBD 0.003004 BBD
BBD 0.002854 BBD
BBD 0.003757 BBD
BBD 0.02103 BBD
10 SOMM
BBD 0.006008 BBD
BBD 0.005708 BBD
BBD 0.007514 BBD
BBD 0.04206 BBD
50 SOMM
BBD 0.03004 BBD
BBD 0.02854 BBD
BBD 0.03757 BBD
BBD 0.2103 BBD
100 SOMM
BBD 0.06008 BBD
BBD 0.05708 BBD
BBD 0.07514 BBD
BBD 0.4206 BBD
500 SOMM
BBD 0.3004 BBD
BBD 0.2854 BBD
BBD 0.3757 BBD
BBD 2.10 BBD
1,000 SOMM
BBD 0.6008 BBD
BBD 0.5708 BBD
BBD 0.7514 BBD
BBD 4.21 BBD

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