Convert Sommelier SOMM to Papua New Guinean Kina PGK
SOMM to PGK: 1 Sommelier converts to PGK 0.001888 PGK as of October 1 at 1:55 PM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is PGK 0.001888 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PGK 707,756.22. The amount of Sommelier traded has risen by PGK 2,310.25 in the last 24 hours, which is a 542.67% increase. Additionally, in the last day, PGK 425.72 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is PGK 0.001888 PGK. In other words, to buy 5 Sommelier, it would cost you PGK 0.009442 PGK. Inversely, PGK 1.00 PGK would allow you to trade for 529.56 SOMM while PGK 50.00 PGK would convert to 26,477.81 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 22.16%. Meanwhile, in the last 24 hours, the rate has changed by 14.83%, and that the highest exchange rate of 1 SOMM to PGK was PGK 0.002233 PGK and the lowest 24 hour value was 1 SOMM for PGK 0.00187 PGK. Last month, 1 SOMM was worth PGK 0.001351 PGK. Today, it's up 37.71%. Looking back a year, Sommelier has changed by PGK 0.02042 PGK. That means that in a single year, the value of Sommelier has shrank by 91.32%.
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 PGK values from Today at 1:55 pm
0.5 SOMM = PGK 0.0009442 PGK |
1 SOMM = PGK 0.001888 PGK |
5 SOMM = PGK 0.009442 PGK |
10 SOMM = PGK 0.01888 PGK |
50 SOMM = PGK 0.09442 PGK |
100 SOMM = PGK 0.1888 PGK |
500 SOMM = PGK 0.9442 PGK |
1,000 SOMM = PGK 1.89 PGK |
PGK to SOMM values from Today at
PGK 0.50 PGK = 264.78 SOMM |
PGK 1.00 PGK = 529.56 SOMM |
PGK 5.00 PGK = 2,647.78 SOMM |
PGK 10.00 PGK = 5,295.56 SOMM |
PGK 50.00 PGK = 26,477.81 SOMM |
PGK 100.00 PGK = 52,955.63 SOMM |
PGK 500.00 PGK = 264,778.13 SOMM |
PGK 1,000.00 PGK = 529,556.26 SOMM |
SOMM to PGK over time
SOMM | Today | 24H -18.12% | 1M 28.43% | 1Y -981.40% |
|---|---|---|---|---|
0.5 SOMM | PGK 0.0009442 PGK | PGK 0.001115 PGK | PGK 0.0006757 PGK | PGK 0.01021 PGK |
1 SOMM | PGK 0.001888 PGK | PGK 0.002231 PGK | PGK 0.001351 PGK | PGK 0.02042 PGK |
5 SOMM | PGK 0.009442 PGK | PGK 0.01115 PGK | PGK 0.006757 PGK | PGK 0.1021 PGK |
10 SOMM | PGK 0.01888 PGK | PGK 0.02231 PGK | PGK 0.01351 PGK | PGK 0.2042 PGK |
50 SOMM | PGK 0.09442 PGK | PGK 0.1115 PGK | PGK 0.06757 PGK | PGK 1.02 PGK |
100 SOMM | PGK 0.1888 PGK | PGK 0.2231 PGK | PGK 0.1351 PGK | PGK 2.04 PGK |
500 SOMM | PGK 0.9442 PGK | PGK 1.12 PGK | PGK 0.6757 PGK | PGK 10.21 PGK |
1,000 SOMM | PGK 1.89 PGK | PGK 2.23 PGK | PGK 1.35 PGK | PGK 20.42 PGK |
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