Convert Sommelier SOMM to Moldovan Leu MDL
SOMM to MDL: 1 Sommelier converts to MDL 0.00414 MDL as of October 25 at 12:15 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is MDL 0.00414 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MDL 1,551,818.51. The amount of Sommelier traded has fallen by -MDL 171.69 in the last 24 hours, which is a 67.31% decrease. Additionally, in the last day, MDL 255.06 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is MDL 0.00414 MDL. In other words, to buy 5 Sommelier, it would cost you MDL 0.020702 MDL. Inversely, MDL 1.00 MDL would allow you to trade for 241.52 SOMM while MDL 50.00 MDL would convert to 12,076.04 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 16.57%. Meanwhile, in the last 24 hours, the rate has changed by 0.89%, and that the highest exchange rate of 1 SOMM to MDL was MDL 0.004267 MDL and the lowest 24 hour value was 1 SOMM for MDL 0.004037 MDL. Last month, 1 SOMM was worth MDL 0.01013 MDL. Today, it's down 59.53%. Looking back a year, Sommelier has changed by MDL 0.0337 MDL. That means that in a single year, the value of Sommelier has shrank by 88.27%.
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 MDL values from Today at 12:15 am
0.5 SOMM = MDL 0.00207 MDL |
1 SOMM = MDL 0.00414 MDL |
5 SOMM = MDL 0.0207 MDL |
10 SOMM = MDL 0.0414 MDL |
50 SOMM = MDL 0.207 MDL |
100 SOMM = MDL 0.414 MDL |
500 SOMM = MDL 2.07 MDL |
1,000 SOMM = MDL 4.14 MDL |
MDL to SOMM values from Today at
MDL 0.50 MDL = 120.76 SOMM |
MDL 1.00 MDL = 241.52 SOMM |
MDL 5.00 MDL = 1,207.60 SOMM |
MDL 10.00 MDL = 2,415.21 SOMM |
MDL 50.00 MDL = 12,076.04 SOMM |
MDL 100.00 MDL = 24,152.09 SOMM |
MDL 500.00 MDL = 120,760.44 SOMM |
MDL 1,000.00 MDL = 241,520.88 SOMM |
SOMM to MDL over time
SOMM | Today | 24H -1.67% | 1M -144.62% | 1Y -713.93% |
|---|---|---|---|---|
0.5 SOMM | MDL 0.00207 MDL | MDL 0.002105 MDL | MDL 0.005064 MDL | MDL 0.01685 MDL |
1 SOMM | MDL 0.00414 MDL | MDL 0.004209 MDL | MDL 0.01013 MDL | MDL 0.0337 MDL |
5 SOMM | MDL 0.0207 MDL | MDL 0.02105 MDL | MDL 0.05064 MDL | MDL 0.1685 MDL |
10 SOMM | MDL 0.0414 MDL | MDL 0.04209 MDL | MDL 0.1013 MDL | MDL 0.337 MDL |
50 SOMM | MDL 0.207 MDL | MDL 0.2105 MDL | MDL 0.5064 MDL | MDL 1.69 MDL |
100 SOMM | MDL 0.414 MDL | MDL 0.4209 MDL | MDL 1.01 MDL | MDL 3.37 MDL |
500 SOMM | MDL 2.07 MDL | MDL 2.10 MDL | MDL 5.06 MDL | MDL 16.85 MDL |
1,000 SOMM | MDL 4.14 MDL | MDL 4.21 MDL | MDL 10.13 MDL | MDL 33.70 MDL |
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