Convert Hermes Protocol HERMES to Maker MKR
HERMES to MKR: 1 Hermes Protocol converts to 0.00000009252 MKR
About HERMES and MKR
Hermes Protocol is falling, while Maker is climbing this week. The current HERMES to MKR conversion rate is 0.00000009252. Inversely, this means that if you convert 1 MKR you will get 10,808,362.33 HERMES. The conversion rate of HERMES/MKR has increased by 0.92% in the last hour (MKR/HERMES decreased by 0.92%). In the last 24 hours, HERMES/MKR shrunk by 1.29%, while MKR/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.00000009252 MKR. In other words, to buy 5 Hermes Protocol, it would cost you 0.0000004626 MKR. Inversely, 1 MKR would allow you to trade for 10,808,362.33 HERMES while 50 MKR would convert to 540,418,116.49 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.76%. Meanwhile, in the last 24 hours, the rate has changed by 1.49%, and that the highest exchange rate of 1 HERMES to MKR was 0.00000009402 MKR and the lowest 24 hour value was 1 HERMES for 0.00000009054 MKR. Last month, 1 HERMES was worth 0.0000001646 MKR. Today, it's down 77.89%. Looking back a year, Hermes Protocol has changed by 0.0000009274 MKR. That means that in a single year, the value of Hermes Protocol has shrank by 902.35%.
Hermes Protocol Market Stats
What is the project about? Hermes DEX main goal is to let users and other decentralized protocols exchange both volatile assets (DAI to WETH for example) and stablecoins (DAI to USDC for example) through it with low fees and low slippage. Unlike exchanges out there that match a buyer and a seller, the behavior of Hermes is different, it uses liquidity pools like Uniswap. To achieve this, Hermes needs liquidity (tokens) which is rewarded by those who provide it. Hermes is non-custodial meaning the Hermes developers do not have access to your tokens. What makes your project unique? Stable coins have become an inherent part of cryptocurrency for a long time but they now come in many different flavors (DAI, TUSD, MIM, BUSD, USDC and so on) which means there is a much bigger need for crypto users to move from a stable coin to another. Centralized exchanges tend to have high fees which are problematic for those trying to move from a stable coin to another. As a result, Hermes Protocol has become the best place to exchange stable coins because of its low fees and low slippage. And Hermes also allows swaps with volatile assets. History of your project. Hermes Protocol officially launched in February 2022 and started emissions in March 2022. What’s next for your project? Introducing Yield and Concentrated Unified Liquidity Omnichain Marketplaces. Hermes V2 will offer multiple defi services compared to V1, while improving capital efficiency and user experience: - Bridge-less omnichain environment, powered with concentrated (Uni V3) and unified liquidity. - Decentralized Uniswap V3 Liquidity Management. - Uniswap V3 Liquidity Incentives. - Refined ve(3,3), becoming a fungible ERC-4626 - Improved UX and UI - Omnichain Yield marketplace What can your token be used for? Hermes token when staked for veHermes allows liquidity providers to take decisions on adding new gauges, boosting gauge yields, voting on token emission, and receive bribes.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Conversion tables
HERMES to MKR values from Today at 11:14 pm
0.5 HERMES = 0.00000004626 MKR |
1 HERMES = 0.00000009252 MKR |
5 HERMES = 0.0000004626 MKR |
10 HERMES = 0.0000009252 MKR |
50 HERMES = 0.000004626 MKR |
100 HERMES = 0.000009252 MKR |
500 HERMES = 0.00004626 MKR |
1,000 HERMES = 0.00009252 MKR |
MKR to HERMES values from Today at 11:12 pm
0.5 MKR = 5,404,181.16 HERMES |
1 MKR = 10,808,362.33 HERMES |
5 MKR = 54,041,811.65 HERMES |
10 MKR = 108,083,623.30 HERMES |
50 MKR = 540,418,116.49 HERMES |
100 MKR = 1,080,836,232.99 HERMES |
500 MKR = 5,404,181,164.94 HERMES |
1,000 MKR = 10,808,362,329.88 HERMES |
HERMES to MKR over time
HERMES | Today | 24H -1.49% | 1M -77.89% | 1Y -902.35% |
|---|---|---|---|---|
0.5 HERMES | 0.00000004626 MKR | 0.00000004695 MKR | 0.00000008229 MKR | 0.0000004637 MKR |
1 HERMES | 0.00000009252 MKR | 0.0000000939 MKR | 0.0000001646 MKR | 0.0000009274 MKR |
5 HERMES | 0.0000004626 MKR | 0.0000004695 MKR | 0.0000008229 MKR | 0.000004637 MKR |
10 HERMES | 0.0000009252 MKR | 0.000000939 MKR | 0.000001646 MKR | 0.000009274 MKR |
50 HERMES | 0.000004626 MKR | 0.000004695 MKR | 0.000008229 MKR | 0.00004637 MKR |
100 HERMES | 0.000009252 MKR | 0.00000939 MKR | 0.00001646 MKR | 0.00009274 MKR |
500 HERMES | 0.00004626 MKR | 0.00004695 MKR | 0.00008229 MKR | 0.0004637 MKR |
1,000 HERMES | 0.00009252 MKR | 0.0000939 MKR | 0.0001646 MKR | 0.0009274 MKR |
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