Convert Genesis Shards GS to Dai DAI
1 GS converts to 0.001606 DAI
About GS and DAI
Genesis Shards is climbing, while Dai is falling this week. The current GS to DAI conversion rate is 0.001606. Inversely, this means that if you convert 1 DAI you will get 622.65 GS. The conversion rate of GS/DAI has increased by 0.26% in the last hour (DAI/GS decreased by 0.26%). In the last 24 hours, GS/DAI grew by 8.74%, while DAI/GS shrunk by the same amount.
The exchange rate of Genesis Shards is increasing. The current value of 1 GS is 0.001606 DAI. In other words, to buy 5 Genesis Shards, it would cost you 0.00803 DAI. Inversely, 1 DAI would allow you to trade for 622.65 GS while 50 DAI would convert to 31,132.34 GS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 18.72%. Meanwhile, in the last 24 hours, the rate has changed by 8%, and that the highest exchange rate of 1 GS to DAI was 0.001609 DAI and the lowest 24 hour value was 1 GS for 0.001477 DAI. Last month, 1 GS was worth 0.002231 DAI. Today, it's down 38.88%. Looking back a year, Genesis Shards has changed by 0.004813 DAI. That means that in a single year, the value of Genesis Shards has shrank by 199.69%.
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 7:38 pm
0.5 GS = 0.000803 DAI |
1 GS = 0.001606 DAI |
5 GS = 0.00803 DAI |
10 GS = 0.01606 DAI |
50 GS = 0.0803 DAI |
100 GS = 0.1606 DAI |
500 GS = 0.803 DAI |
1,000 GS = 1.61 DAI |
DAI to GS values from Today at 7:38 pm
0.5 DAI = 311.32 GS |
1 DAI = 622.65 GS |
5 DAI = 3,113.23 GS |
10 DAI = 6,226.47 GS |
50 DAI = 31,132.34 GS |
100 DAI = 62,264.68 GS |
500 DAI = 311,323.42 GS |
1,000 DAI = 622,646.85 GS |
GS to DAI over time
GS | Today | 24H 8.00% | 1M -38.88% | 1Y -199.69% |
|---|---|---|---|---|
0.5 GS | 0.000803 DAI | 0.0007388 DAI | 0.001115 DAI | 0.002407 DAI |
1 GS | 0.001606 DAI | 0.001478 DAI | 0.002231 DAI | 0.004813 DAI |
5 GS | 0.00803 DAI | 0.007388 DAI | 0.01115 DAI | 0.02407 DAI |
10 GS | 0.01606 DAI | 0.01478 DAI | 0.02231 DAI | 0.04813 DAI |
50 GS | 0.0803 DAI | 0.07388 DAI | 0.1115 DAI | 0.2407 DAI |
100 GS | 0.1606 DAI | 0.1478 DAI | 0.2231 DAI | 0.4813 DAI |
500 GS | 0.803 DAI | 0.7388 DAI | 1.12 DAI | 2.41 DAI |
1,000 GS | 1.61 DAI | 1.48 DAI | 2.23 DAI | 4.81 DAI |
Frequently asked questions
Right now, 1 Genesis Shards is worth about $0.001605.
Based on the current rate, you could get 622.88 GS for 1 USD.
Genesis Shards price has been on the rise. Since yesterday, the exchange rate of Genesis Shards has increased. Since last month, the exchange rate of Genesis Shards has decreased. Since this time last year, the price of Genesis Shards has decreased.
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 3,114.38 GS. Inversely, 5 GS will cost about $0.008027
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 Autonio, HOPE, and GET Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to Genesis Shards.
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