About GS and DAI
Genesis Shards is climbing, while Dai is falling this week. The current GS to DAI conversion rate is 0.0003939. Inversely, this means that if you convert 1 DAI you will get 2,538.81 GS. The conversion rate of GS/DAI has increased by 0.03% in the last hour (DAI/GS decreased by 0.03%). In the last 24 hours, GS/DAI grew by 0.01%, while DAI/GS shrunk by the same amount.
The exchange rate of Genesis Shards is increasing. The current value of 1 GS is 0.0003939 DAI. In other words, to buy 5 Genesis Shards, it would cost you 0.0019694 DAI. Inversely, 1 DAI would allow you to trade for 2,538.81 GS while 50 DAI would convert to 126,940.36 GS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 129.69%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, and that the highest exchange rate of 1 GS to DAI was 0.0003942 DAI and the lowest 24 hour value was 1 GS for 0.0003936 DAI. Last month, 1 GS was worth 0.004276 DAI. Today, it's down 985.53%. Looking back a year, Genesis Shards has changed by 0.008416 DAI. That means that in a single year, the value of Genesis Shards has shrank by 2,036.58%.
Genesis Shards Market Stats
Genesis Shards (GS) is a whole new marketplace for pre-IDO tokens on NFTs powered by Polkadot. GS was created to usher in a new paradigm for DeFi transforming NFTs into a liquidity vehicle for pre-IDO tokens, and to introduce a whole new suite of DeFi products across multiple blockchains. Most pre-IDO transactions are currently being executed in OTC. With this come the problems of a) illiquidity and also b) the big problem of highly inconsistent OTC trade practices for pre-IDO tokens. Trades are often conducted by two parties in an uncertain environment with a high risk of default. GS aims to 'NFT-y' the OTC market - transforming NFTs into a liquidity vehicle for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens. Also, investors will no longer have to worry about shady OTC deals with high default risk : they can simply utilize the safe, trustless pre-IDO liquidity provided by Genesis NFTs.
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.
Conversion tables
GS to DAI values from Today at 7:40 am
0.5 GS = 0.0001969 DAI |
1 GS = 0.0003939 DAI |
5 GS = 0.001969 DAI |
10 GS = 0.003939 DAI |
50 GS = 0.01969 DAI |
100 GS = 0.03939 DAI |
500 GS = 0.1969 DAI |
1,000 GS = 0.3939 DAI |
DAI to GS values from Today at 7:40 am
0.5 DAI = 1,269.40 GS |
1 DAI = 2,538.81 GS |
5 DAI = 12,694.04 GS |
10 DAI = 25,388.07 GS |
50 DAI = 126,940.36 GS |
100 DAI = 253,880.72 GS |
500 DAI = 1,269,403.59 GS |
1,000 DAI = 2,538,807.18 GS |
GS to DAI over time
GS | Today | 24H 0.01% | 1M -985.53% | 1Y -2,036.58% |
|---|---|---|---|---|
0.5 GS | 0.0001969 DAI | 0.0001969 DAI | 0.002138 DAI | 0.004208 DAI |
1 GS | 0.0003939 DAI | 0.0003938 DAI | 0.004276 DAI | 0.008416 DAI |
5 GS | 0.001969 DAI | 0.001969 DAI | 0.02138 DAI | 0.04208 DAI |
10 GS | 0.003939 DAI | 0.003938 DAI | 0.04276 DAI | 0.08416 DAI |
50 GS | 0.01969 DAI | 0.01969 DAI | 0.2138 DAI | 0.4208 DAI |
100 GS | 0.03939 DAI | 0.03938 DAI | 0.4276 DAI | 0.8416 DAI |
500 GS | 0.1969 DAI | 0.1969 DAI | 2.14 DAI | 4.21 DAI |
1,000 GS | 0.3939 DAI | 0.3938 DAI | 4.28 DAI | 8.42 DAI |
Frequently asked questions
Right now, 1 Genesis Shards is worth about $0.0003938.
Based on the current rate, you could get 2,539.51 GS for 1 USD.
You can use our GS to USD calculator at the top of this page to convert any amount of GS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 12,697.56 GS. Inversely, 5 GS will cost about $0.001969
Genesis Shards can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Genesis Shards.
There are a number of crypto assets that have the a similar or comparable market cap to Genesis Shards, including Essentia, Cardstack, and Autonio. For a more robust list of assets to explore, jump to the asset page dedicated to Genesis Shards.
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