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About SOMM and 00
Sommelier is climbing, while 00 Token is falling this week. The current SOMM to 00 conversion rate is 0.0193. Inversely, this means that if you convert 1 00 you will get 51.81 SOMM. The conversion rate of SOMM/00 has increased by 0.72% in the last hour (00/SOMM decreased by 0.72%). In the last 24 hours, SOMM/00 grew by 7.83%, while 00/SOMM shrunk by the same amount.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is 0.0193 00. In other words, to buy 5 Sommelier, it would cost you 0.09651 00. Inversely, 1 00 would allow you to trade for 51.81 SOMM while 50 00 would convert to 2,590.42 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 23.93%. Meanwhile, in the last 24 hours, the rate has changed by 6.35%, which means that the highest exchange rate of 1 SOMM to 00 was 0.01988 00 and the lowest 24 hour value was 1 SOMM for 0.01798 00. Last month, 1 SOMM was worth 0.03308 00. Today, it's down 71.39%. Looking back a year, Sommelier has changed by 0.08094 00. That means that in a single year, the value of Sommelier has shrank by 319.33%.
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.
00 Token Market Stats
00 is the ERC-20 utility token of the P00LS platform and ecosystem, which supports the distribution and trading of social tokens. Legendary footballer Ronaldinho recently launched his social token, RON, on the P00LS platform. 00 tokens are used to govern the zerozero DAO and access premium P00LS features.
Conversion tables
SOMM to 00 values from Today at 10:52 pm
0.5 SOMM = 0.009651 00 |
1 SOMM = 0.0193 00 |
5 SOMM = 0.09651 00 |
10 SOMM = 0.193 00 |
50 SOMM = 0.9651 00 |
100 SOMM = 1.93 00 |
500 SOMM = 9.65 00 |
1,000 SOMM = 19.30 00 |
00 to SOMM values from Today at 10:39 pm
0.5 00 = 25.90 SOMM |
1 00 = 51.81 SOMM |
5 00 = 259.04 SOMM |
10 00 = 518.08 SOMM |
50 00 = 2,590.42 SOMM |
100 00 = 5,180.83 SOMM |
500 00 = 25,904.15 SOMM |
1,000 00 = 51,808.30 SOMM |
SOMM to 00 over time
SOMM | Today | 24H 6.35% | 1M -71.39% | 1Y -319.33% |
|---|---|---|---|---|
0.5 SOMM | 0.009651 00 | 0.009038 00 | 0.01654 00 | 0.04047 00 |
1 SOMM | 0.0193 00 | 0.01808 00 | 0.03308 00 | 0.08094 00 |
5 SOMM | 0.09651 00 | 0.09038 00 | 0.1654 00 | 0.4047 00 |
10 SOMM | 0.193 00 | 0.1808 00 | 0.3308 00 | 0.8094 00 |
50 SOMM | 0.9651 00 | 0.9038 00 | 1.65 00 | 4.05 00 |
100 SOMM | 1.93 00 | 1.81 00 | 3.31 00 | 8.09 00 |
500 SOMM | 9.65 00 | 9.04 00 | 16.54 00 | 40.47 00 |
1,000 SOMM | 19.30 00 | 18.08 00 | 33.08 00 | 80.94 00 |
Frequently asked questions
Right now, 1 Sommelier is worth about €0.0002792.
Based on the current rate, you could get 3,581.53 SOMM for 1 EUR.
Sommelier price has been on the rise. Since yesterday, the exchange rate of Sommelier has increased. Since last month, the exchange rate of Sommelier has decreased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to EUR calculator at the top of this page to convert any amount of SOMM to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 17,907.64 SOMM. Inversely, 5 SOMM will cost about €0.001396
Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.
There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Sunny Side up, Safuu, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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