About IDEX and VDOT
IDEX is climbing, while Voucher DOT is falling this week. The current IDEX to VDOT conversion rate is 0.0004957. Inversely, this means that if you convert 1 VDOT you will get 2,017.35 IDEX. The conversion rate of IDEX/VDOT has increased by 1.22% in the last hour (VDOT/IDEX decreased by 1.22%). In the last 24 hours, IDEX/VDOT grew by 2.51%, while VDOT/IDEX shrunk by the same amount.
The exchange rate of IDEX is increasing. The current value of 1 IDEX is 0.0004957 VDOT. In other words, to buy 5 IDEX, it would cost you 0.0024785 VDOT. Inversely, 1 VDOT would allow you to trade for 2,017.35 IDEX while 50 VDOT would convert to 100,867.25 IDEX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.02%. Meanwhile, in the last 24 hours, the rate has changed by 2.24%, and that the highest exchange rate of 1 IDEX to VDOT was 0.0005078 VDOT and the lowest 24 hour value was 1 IDEX for 0.0004574 VDOT. Last month, 1 IDEX was worth 0.00114 VDOT. Today, it's down 129.98%. Looking back a year, IDEX has changed by 0.003969 VDOT. That means that in a single year, the value of IDEX has shrank by 700.71%.
IDEX Market Stats
IDEX is an Ethereum token that powers the IDEX decentralized exchange, which combines an order book and automated market maker (AMM). IDEX holders can stake tokens in order to help secure the protocol and earn rewards.
Voucher DOT Market Stats
vDOT (voucher DOT) is a liquid staking derivative (LSD) of staked DOT, with fully underlying DOT reserve and yield-bearing feature of DOT staking reward. Users can deposit DOT into Bifrost SLP protocol and get vDOT as return, vDOT can be traded in the open market or be redeemed back to DOT. Holding vDOT equals to holding the DOT staking position, staking rewards appriciate the exchange price of vDOT. Why vDOT? 1. Liquid Staking The product allows users to stake DOT for liquid vToken, (vDOT). vDOT will keep receiving staking rewards and can continue to be used in Bifrost and Polkadot-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vDOT by adjusting the price of vDOT / DOT upwards. vDOT Rate = SLP Staking DOT (SUM) / vDOT Total Issuance. 3. Floating redemption period, vDOT redemption ≤ 28 days While Polkadot’s original chain Staking has a fixed 28-day redemption period, Bifrost SLP helps users to realize the possibility of early vDOT redemption by matching the real-time vDOT minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption. 4. Higher Staking Yield In the SLP protocol, the protocol screens more than 10 verified nodes through governance (subsequently increasing with the overall staking volume) and adds multiple filters such as the number of nominees, commission ratio, and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes. 5. Multi-environment Compatibility vDOT is one of Substrate assets in Bifrost parachain, by using the HRMP channels between Bifrost and others, it can be easily utilized in EVM, WASM and Substarte competiable parachains.
Conversion tables
IDEX to VDOT values from Today at 4:09 am
0.5 IDEX = 0.0002479 VDOT |
1 IDEX = 0.0004957 VDOT |
5 IDEX = 0.002479 VDOT |
10 IDEX = 0.004957 VDOT |
50 IDEX = 0.02479 VDOT |
100 IDEX = 0.04957 VDOT |
500 IDEX = 0.2479 VDOT |
1,000 IDEX = 0.4957 VDOT |
VDOT to IDEX values from Today at 4:11 am
0.5 VDOT = 1,008.67 IDEX |
1 VDOT = 2,017.35 IDEX |
5 VDOT = 10,086.73 IDEX |
10 VDOT = 20,173.45 IDEX |
50 VDOT = 100,867.25 IDEX |
100 VDOT = 201,734.50 IDEX |
500 VDOT = 1,008,672.51 IDEX |
1,000 VDOT = 2,017,345.02 IDEX |
IDEX to VDOT over time
IDEX | Today | 24H 2.24% | 1M -129.98% | 1Y -700.71% |
|---|---|---|---|---|
0.5 IDEX | 0.0002479 VDOT | 0.0002423 VDOT | 0.00057 VDOT | 0.001985 VDOT |
1 IDEX | 0.0004957 VDOT | 0.0004846 VDOT | 0.00114 VDOT | 0.003969 VDOT |
5 IDEX | 0.002479 VDOT | 0.002423 VDOT | 0.0057 VDOT | 0.01985 VDOT |
10 IDEX | 0.004957 VDOT | 0.004846 VDOT | 0.0114 VDOT | 0.03969 VDOT |
50 IDEX | 0.02479 VDOT | 0.02423 VDOT | 0.057 VDOT | 0.1985 VDOT |
100 IDEX | 0.04957 VDOT | 0.04846 VDOT | 0.114 VDOT | 0.3969 VDOT |
500 IDEX | 0.2479 VDOT | 0.2423 VDOT | 0.57 VDOT | 1.98 VDOT |
1,000 IDEX | 0.4957 VDOT | 0.4846 VDOT | 1.14 VDOT | 3.97 VDOT |
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