Convert Voucher KSM VKSM to Nigerian Naira NGN
VKSM to NGN: 1 Voucher KSM converts to NGN 30,579.72 NGN as of July 6 at 2:39 AM
Voucher KSM (VKSM) is not tradable on Coinbase.
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About Voucher KSM
Voucher KSM is climbing this week. The current price of Voucher KSM is NGN 30,579.72 per VKSM. With a circulating supply of 0 VKSM, it means that Voucher KSM has a total market cap of NGN 0.00. The amount of Voucher KSM traded has fallen by -NGN 709,823.27 in the last 24 hours, which is a 50.34% decrease. Additionally, in the last day, NGN 1,410,020.35 worth of VKSM has been traded.
The exchange rate of Voucher KSM is increasing. The current value of 1 VKSM is NGN 30,579.72 NGN. In other words, to buy 5 Voucher KSM, it would cost you NGN 152,898.58 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.000033 VKSM while NGN 50.00 NGN would convert to 0.0016 VKSM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.44%. Meanwhile, in the last 24 hours, the rate has changed by 1.22%, and that the highest exchange rate of 1 VKSM to NGN was NGN 30,628.06 NGN and the lowest 24 hour value was 1 VKSM for NGN 30,090.75 NGN. Last month, 1 VKSM was worth NGN 41,474.65 NGN. Today, it's down 24.71%. Looking back a year, Voucher KSM has changed by NGN 47,307.65 NGN. That means that in a single year, the value of Voucher KSM has shrank by 33.44%.
Voucher KSM Market Stats
vKSM (voucher KSM) is a liquid staking derivative (LSD) of staked KSM, with fully underlying KSM reserve and yield-bearing feature of KSM staking reward. Users can deposit KSM into Bifrost SLP protocol and get vKSM as return, vKSM can be traded in the open market or be redeemed back to KSM. Holding vKSM equals to holding the KSM staking position, staking rewards appriciate the exchange price of vKSM. Why vKSM? 1. Liquid Staking The product allows users to stake KSM for liquid vToken, (vKSM). vKSM will keep receiving staking rewards and can continue to be used in Bifrost and Kusama-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vKSM by adjusting the price of vKSM / KSM upwards. vKSM Rate = SLP Staking KSM (SUM) / vKSM Total Issuance. 3. Floating redemption period, vKSM redemption ≤ 7 days While Kusama’s original chain Staking has a fixed 7-day redemption period, Bifrost SLP helps users to realize the possibility of early vKSM redemption by matching the real-time vKSM 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 vKSM 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.
Conversion tables
VKSM to NGN values from Today at 2:39 am
0.5 VKSM = NGN 15,289.86 NGN |
1 VKSM = NGN 30,579.72 NGN |
5 VKSM = NGN 152,898.58 NGN |
10 VKSM = NGN 305,797.16 NGN |
50 VKSM = NGN 1,528,985.79 NGN |
100 VKSM = NGN 3,057,971.59 NGN |
500 VKSM = NGN 15,289,857.94 NGN |
1,000 VKSM = NGN 30,579,715.89 NGN |
NGN to VKSM values from Today at 2:39 am
NGN 0.50 NGN = 0.000016 VKSM |
NGN 1.00 NGN = 0.000033 VKSM |
NGN 5.00 NGN = 0.000164 VKSM |
NGN 10.00 NGN = 0.000327 VKSM |
NGN 50.00 NGN = 0.0016 VKSM |
NGN 100.00 NGN = 0.0033 VKSM |
NGN 500.00 NGN = 0.0164 VKSM |
NGN 1,000.00 NGN = 0.0327 VKSM |
VKSM to NGN over time
VKSM | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 VKSM | NGN 15,289.86 NGN | NGN 15,106.39 NGN | NGN 20,737.32 NGN | NGN 23,653.83 NGN |
1 VKSM | NGN 30,579.72 NGN | NGN 30,212.78 NGN | NGN 41,474.65 NGN | NGN 47,307.65 NGN |
5 VKSM | NGN 152,898.58 NGN | NGN 151,063.92 NGN | NGN 207,373.23 NGN | NGN 236,538.26 NGN |
10 VKSM | NGN 305,797.16 NGN | NGN 302,127.83 NGN | NGN 414,746.45 NGN | NGN 473,076.52 NGN |
50 VKSM | NGN 1,528,985.79 NGN | NGN 1,510,639.17 NGN | NGN 2,073,732.27 NGN | NGN 2,365,382.62 NGN |
100 VKSM | NGN 3,057,971.59 NGN | NGN 3,021,278.33 NGN | NGN 4,147,464.53 NGN | NGN 4,730,765.24 NGN |
500 VKSM | NGN 15,289,857.94 NGN | NGN 15,106,391.66 NGN | NGN 20,737,322.67 NGN | NGN 23,653,826.22 NGN |
1,000 VKSM | NGN 30,579,715.89 NGN | NGN 30,212,783.32 NGN | NGN 41,474,645.35 NGN | NGN 47,307,652.44 NGN |
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