Convert Voucher DOT VDOT to Singapore Dollar SGD
VDOT to SGD: 1 Voucher DOT converts to S$5.54 SGD as of November 17 at 5:11 PM
About Voucher DOT
Voucher DOT is climbing this week. The current price of Voucher DOT is S$5.54 per VDOT. With a circulating supply of 22,664.975 VDOT, it means that Voucher DOT has a total market cap of S$123,976.27. The amount of Voucher DOT traded has risen by S$548.67 in the last 24 hours, which is a 10.01% increase. Additionally, in the last day, S$5,480.97 worth of VDOT has been traded.
The exchange rate of Voucher DOT is increasing. The current value of 1 VDOT is S$5.54 SGD. In other words, to buy 5 Voucher DOT, it would cost you S$27.72 SGD. Inversely, S$1.00 SGD would allow you to trade for 0.18 VDOT while S$50.00 SGD would convert to 9.02 VDOT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.39%. Meanwhile, in the last 24 hours, the rate has changed by 2.15%, and that the highest exchange rate of 1 VDOT to SGD was S$5.68 SGD and the lowest 24 hour value was 1 VDOT for S$5.36 SGD. Last month, 1 VDOT was worth S$5.92 SGD. Today, it's down 6.93%. Looking back a year, Voucher DOT has changed by S$11.13 SGD. That means that in a single year, the value of Voucher DOT has shrank by 48.75%.
Voucher DOT Market Stats
vDOT (voucher DOT) is a liquid staking derivative (LSD) of staked DOT, with fully underlying DOT reserve and yield-bearing feature of DOT staking reward. Users can deposit DOT into Bifrost SLP protocol and get vDOT as return, vDOT can be traded in the open market or be redeemed back to DOT. Holding vDOT equals to holding the DOT staking position, staking rewards appriciate the exchange price of vDOT. Why vDOT? 1. Liquid Staking The product allows users to stake DOT for liquid vToken, (vDOT). vDOT will keep receiving staking rewards and can continue to be used in Bifrost and Polkadot-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vDOT by adjusting the price of vDOT / DOT upwards. vDOT Rate = SLP Staking DOT (SUM) / vDOT Total Issuance. 3. Floating redemption period, vDOT redemption ≤ 28 days While Polkadot’s original chain Staking has a fixed 28-day redemption period, Bifrost SLP helps users to realize the possibility of early vDOT redemption by matching the real-time vDOT minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption. 4. Higher Staking Yield In the SLP protocol, the protocol screens more than 10 verified nodes through governance (subsequently increasing with the overall staking volume) and adds multiple filters such as the number of nominees, commission ratio, and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes. 5. Multi-environment Compatibility vDOT is one of Substrate assets in Bifrost parachain, by using the HRMP channels between Bifrost and others, it can be easily utilized in EVM, WASM and Substarte competiable parachains.
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Conversion tables
VDOT to SGD values from Today at 5:11 pm
0.5 VDOT = S$2.77 SGD |
1 VDOT = S$5.54 SGD |
5 VDOT = S$27.72 SGD |
10 VDOT = S$55.44 SGD |
50 VDOT = S$277.21 SGD |
100 VDOT = S$554.42 SGD |
500 VDOT = S$2,772.08 SGD |
1,000 VDOT = S$5,544.16 SGD |
SGD to VDOT values from Today at 5:12 pm
S$0.50 SGD = 0.0902 VDOT |
S$1.00 SGD = 0.18 VDOT |
S$5.00 SGD = 0.90 VDOT |
S$10.00 SGD = 1.80 VDOT |
S$50.00 SGD = 9.02 VDOT |
S$100.00 SGD = 18.04 VDOT |
S$500.00 SGD = 90.19 VDOT |
S$1,000.00 SGD = 180.37 VDOT |
VDOT to SGD over time
VDOT | Today | 24H 2.44% | 1M -6.85% | 1Y |
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