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About DAI and RSR
Dai is climbing, while Reserve Rights is falling this week. The current DAI to RSR conversion rate is 623.25. Inversely, this means that if you convert 1 RSR you will get 0.001604 DAI. The conversion rate of DAI/RSR has increased by 0.07% in the last hour (RSR/DAI decreased by 0.07%). In the last 24 hours, DAI/RSR grew by 9.68%, while RSR/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 623.25 RSR. In other words, to buy 5 Dai, it would cost you 3,116.26 RSR. Inversely, 1 RSR would allow you to trade for 0.001604 DAI while 50 RSR would convert to 0.08022 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.56%. Meanwhile, in the last 24 hours, the rate has changed by 9.44%, which means that the highest exchange rate of 1 DAI to RSR was 624.96 RSR and the lowest 24 hour value was 1 DAI for 561.71 RSR. Last month, 1 DAI was worth 709.96 RSR. Today, it's down 13.91%. Looking back a year, Dai has changed by 163.93 RSR. That means that in a single year, the value of Dai has grown by 73.7%.
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.
Reserve Rights Market Stats
Reserve Rights (RSR) is the central governance token of the Reserve ecosystem. Reserve is a platform for creating DTFs (Decentralized Token Folios), which are the decentralized, self-custody, onchain version of ETFs. DTFs created on Reserve are called RTokens, and there are two types: Yield RTokens and Index RTokens. When staked on any Yield RToken or locked on any Index RToken, RSR holders gain governance rights to propose and vote on basket and configuration changes. For Yield RTokens, staked RSR serves as overcollateralization, providing first-loss capital in the unlikely case of a collateral default in exchange for a portion of revenue. RSR tokens can also be held unstaked if preferred.
Conversion tables
DAI to RSR values from Today at 2:39 pm
0.5 DAI = 311.63 RSR |
1 DAI = 623.25 RSR |
5 DAI = 3,116.26 RSR |
10 DAI = 6,232.52 RSR |
50 DAI = 31,162.59 RSR |
100 DAI = 62,325.18 RSR |
500 DAI = 311,625.92 RSR |
1,000 DAI = 623,251.83 RSR |
RSR to DAI values from Today at 2:35 pm
0.5 RSR = 0.0008022 DAI |
1 RSR = 0.001604 DAI |
5 RSR = 0.008022 DAI |
10 RSR = 0.01604 DAI |
50 RSR = 0.08022 DAI |
100 RSR = 0.1604 DAI |
500 RSR = 0.8022 DAI |
1,000 RSR = 1.60 DAI |
DAI to RSR over time
DAI | Today | 24H 9.44% | 1M -13.91% | 1Y 73.70% |
|---|---|---|---|---|
0.5 DAI | 311.63 RSR | 282.22 RSR | 354.98 RSR | 81.97 RSR |
1 DAI | 623.25 RSR | 564.45 RSR | 709.96 RSR | 163.93 RSR |
5 DAI | 3,116.26 RSR | 2,822.23 RSR | 3,549.81 RSR | 819.67 RSR |
10 DAI | 6,232.52 RSR | 5,644.46 RSR | 7,099.62 RSR | 1,639.34 RSR |
50 DAI | 31,162.59 RSR | 28,222.31 RSR | 35,498.10 RSR | 8,196.69 RSR |
100 DAI | 62,325.18 RSR | 56,444.63 RSR | 70,996.20 RSR | 16,393.38 RSR |
500 DAI | 311,625.92 RSR | 282,223.15 RSR | 354,981.02 RSR | 81,966.88 RSR |
1,000 DAI | 623,251.83 RSR | 564,446.30 RSR | 709,962.04 RSR | 163,933.75 RSR |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.