Convert Dai DAI to Curve DAO Token CRV
DAI to CRV: 1 Dai converts to 1.43 CRV as of June 3 at 2:11 AM
About DAI and CRV
Dai is falling, while Curve DAO Token is climbing this week. The current DAI to CRV conversion rate is 1.43. Inversely, this means that if you convert 1 CRV you will get 0.7 DAI. The conversion rate of DAI/CRV has decreased by 0.69% in the last hour (CRV/DAI increased by 0.69%). In the last 24 hours, DAI/CRV shrunk by 5.03%, while CRV/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 1.43 CRV. In other words, to buy 5 Dai, it would cost you 7.14 CRV. Inversely, 1 CRV would allow you to trade for 0.70 DAI while 50 CRV would convert to 35.03 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.51%. Meanwhile, in the last 24 hours, the rate has changed by 4.4%, which means that the highest exchange rate of 1 DAI to CRV was 1.53 CRV and the lowest 24 hour value was 1 DAI for 1.42 CRV. Last month, 1 DAI was worth 1.37 CRV. Today, it's up 3.67%. Looking back a year, Dai has changed by 2.15 CRV. That means that in a single year, the value of Dai has shrank by 50.72%.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Curve DAO Token Market Stats
Curve (CRV) is an Ethereum token that powers Curve.fi, a decentralized exchange and automated market maker protocol. The protocol is designed to make it easy to swap between ERC-20 tokens, such as stablecoins (like USDC and DAI) and Ethereum-based Bitcoin tokens (like WBTC and renBTC). In order to minimize impermanent loss, most of the protocol’s liquidity pools are made up of similar assets, although in June 2021, it introduced a USDT-WBTC-ETH “tricrypto” pool. The CRV token can be locked for various periods of time (up to 4 years) in order to vote on governance and claim protocol fees as a reward.
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