Convert Sommelier SOMM to Real BRL
SOMM to BRL: 1 Sommelier converts to R$0.001228 BRL as of October 27 at 11:18 PM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is R$0.001228 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of R$460,353.06. The amount of Sommelier traded has risen by R$530.68 in the last 24 hours, which is a 131.51% increase. Additionally, in the last day, R$403.52 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is R$0.001228 BRL. In other words, to buy 5 Sommelier, it would cost you R$0.006141 BRL. Inversely, R$1.00 BRL would allow you to trade for 814.15 SOMM while R$50.00 BRL would convert to 40,707.41 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.67%. Meanwhile, in the last 24 hours, the rate has changed by 21.12%, and that the highest exchange rate of 1 SOMM to BRL was R$0.001541 BRL and the lowest 24 hour value was 1 SOMM for R$0.001201 BRL. Last month, 1 SOMM was worth R$0.002773 BRL. Today, it's down 57.73%. Looking back a year, Sommelier has changed by R$0.009007 BRL. That means that in a single year, the value of Sommelier has shrank by 86.54%.
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 BRL values from Today at 11:18 pm
0.5 SOMM = R$0.0006141 BRL |
1 SOMM = R$0.001228 BRL |
5 SOMM = R$0.006141 BRL |
10 SOMM = R$0.01228 BRL |
50 SOMM = R$0.06141 BRL |
100 SOMM = R$0.1228 BRL |
500 SOMM = R$0.6141 BRL |
1,000 SOMM = R$1.23 BRL |
BRL to SOMM values from Today at 7:09 am
R$0.50 BRL = 407.07 SOMM |
R$1.00 BRL = 814.15 SOMM |
R$5.00 BRL = 4,070.74 SOMM |
R$10.00 BRL = 8,141.48 SOMM |
R$50.00 BRL = 40,707.41 SOMM |
R$100.00 BRL = 81,414.81 SOMM |
R$500.00 BRL = 407,074.05 SOMM |
R$1,000.00 BRL = 814,148.10 SOMM |
SOMM to BRL over time
SOMM | Today | 24H -8.81% | 1M -95.79% | 1Y -535.99% |
|---|---|---|---|---|
0.5 SOMM | R$0.0006141 BRL | R$0.0007705 BRL | R$0.001386 BRL | R$0.004503 BRL |
1 SOMM | R$0.001228 BRL | R$0.001541 BRL | R$0.002773 BRL | R$0.009007 BRL |
5 SOMM | R$0.006141 BRL | R$0.007705 BRL | R$0.01386 BRL | R$0.04503 BRL |
10 SOMM | R$0.01228 BRL | R$0.01541 BRL | R$0.02773 BRL | R$0.09007 BRL |
50 SOMM | R$0.06141 BRL | R$0.07705 BRL | R$0.1386 BRL | R$0.4503 BRL |
100 SOMM | R$0.1228 BRL | R$0.1541 BRL | R$0.2773 BRL | R$0.9007 BRL |
500 SOMM | R$0.6141 BRL | R$0.7705 BRL | R$1.39 BRL | R$4.50 BRL |
1,000 SOMM | R$1.23 BRL | R$1.54 BRL | R$2.77 BRL | R$9.01 BRL |
Frequently asked questions
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