About DAI and ELMT
Dai is falling, while Element is climbing this week. The current DAI to ELMT conversion rate is 5,357.03. Inversely, this means that if you convert 1 ELMT you will get 0.0001867 DAI. The conversion rate of DAI/ELMT has decreased by 0.34% in the last hour (ELMT/DAI increased by 0.34%). In the last 24 hours, DAI/ELMT shrunk by 4.8%, while ELMT/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 5,357.03 ELMT. In other words, to buy 5 Dai, it would cost you 26,785.13 ELMT. Inversely, 1 ELMT would allow you to trade for 0.0001867 DAI while 50 ELMT would convert to 0.009334 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.34%. Meanwhile, in the last 24 hours, the rate has changed by 4.66%, and that the highest exchange rate of 1 DAI to ELMT was 5,620.42 ELMT and the lowest 24 hour value was 1 DAI for 5,349.97 ELMT. Last month, 1 DAI was worth 3,000.02 ELMT. Today, it's up 44%. Looking back a year, Dai has changed by 2,450.62 ELMT. That means that in a single year, the value of Dai has grown by 54.25%.
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.
Element Market Stats
ELMT - The ELMT Token is the ERC-20 of the bridged digital rewards from the Element Blockchain, which is using blockchain based technologies to fight destructive mining practices globally. Whereas some tokens are created from ICOs, or Initial Coin Offerings, the ELMT Token is minted on and by the Element Blockchain as a digital reward for node owners who own and host node licenses that power the blockchain. The ELMT Token is an ERC-20 Token that has been bridged over to the Ethereum Network from the Native Element Blockchain. The Element Blockchain is managed by the community of node owners and governed by the Element Distributed Governance Framework (DGF) Charter that was voted in and approved by node owners. Element United, the company, neither promotes the token nor handles its listing on exchanges and does not create liquidity. The company remains focused on building blockchain-based products and services. The company operates independently from the Blockchain, aiming to navigate the intricate regulatory landscape with complete transparency and compliance. Element United is a company working to fight destructive mining practices worldwide with the use of blockchain technologies. This is done in a variety of ways including partnering with mines to create alternate revenue, creating blockchain-based products such as NFTs and interactive gaming, mining certification programs that encourage environmental stewardship and tokenized carbon offset programs. Project Launch Date: 04/21/23 – First Bridge of Token Country of Origin: The majority of the dev team and headquarters is in the United States. Sales team/business developer in Jakarta, Indonesia. Node Owners globally including some mines in Tanzania. Media Coverage:
Conversion tables
DAI to ELMT values from Today at 4:06 am
0.5 DAI = 2,678.51 ELMT |
1 DAI = 5,357.03 ELMT |
5 DAI = 26,785.13 ELMT |
10 DAI = 53,570.25 ELMT |
50 DAI = 267,851.25 ELMT |
100 DAI = 535,702.51 ELMT |
500 DAI = 2,678,512.54 ELMT |
1,000 DAI = 5,357,025.07 ELMT |
ELMT to DAI values from Today at 4:05 am
0.5 ELMT = 0.00009334 DAI |
1 ELMT = 0.0001867 DAI |
5 ELMT = 0.0009334 DAI |
10 ELMT = 0.001867 DAI |
50 ELMT = 0.009334 DAI |
100 ELMT = 0.01867 DAI |
500 ELMT = 0.09334 DAI |
1,000 ELMT = 0.1867 DAI |
DAI to ELMT over time
DAI | Today | 24H -4.66% | 1M 44.00% | 1Y 54.25% |
|---|---|---|---|---|
0.5 DAI | 2,678.51 ELMT | 2,803.38 ELMT | 1,500.01 ELMT | 1,225.31 ELMT |
1 DAI | 5,357.03 ELMT | 5,606.76 ELMT | 3,000.02 ELMT | 2,450.62 ELMT |
5 DAI | 26,785.13 ELMT | 28,033.82 ELMT | 15,000.12 ELMT | 12,253.08 ELMT |
10 DAI | 53,570.25 ELMT | 56,067.64 ELMT | 30,000.23 ELMT | 24,506.16 ELMT |
50 DAI | 267,851.25 ELMT | 280,338.20 ELMT | 150,001.16 ELMT | 122,530.79 ELMT |
100 DAI | 535,702.51 ELMT | 560,676.40 ELMT | 300,002.32 ELMT | 245,061.58 ELMT |
500 DAI | 2,678,512.54 ELMT | 2,803,382.01 ELMT | 1,500,011.60 ELMT | 1,225,307.92 ELMT |
1,000 DAI | 5,357,025.07 ELMT | 5,606,764.03 ELMT | 3,000,023.21 ELMT | 2,450,615.83 ELMT |
Frequently asked questions
Right now, 1 Dai is worth about $0.9997.
Based on the current rate, you could get 1.00 DAI for 1 USD.
Dai price has been on the rise. Since yesterday, the exchange rate of Dai has increased. Since last month, the exchange rate of Dai has decreased. Since this time last year, the price of Dai has decreased.
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 DAI. Inversely, 5 DAI will cost about $5.00
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Monero, World Liberty Financial USD, and Chainlink. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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