About LIT and OUSG
Litentry is falling, while OUSG is climbing this week. The current LIT to OUSG conversion rate is 0.0008606. Inversely, this means that if you convert 1 OUSG you will get 1,161.95 LIT. The conversion rate of LIT/OUSG has decreased by 2.86% in the last hour (OUSG/LIT increased by 2.94%). In the last 24 hours, LIT/OUSG shrunk by 3.25%, while OUSG/LIT grew by 3.36%.
The exchange rate of Litentry is decreasing. The current value of 1 LIT is 0.0008606 OUSG. In other words, to buy 5 Litentry, it would cost you 0.0043031 OUSG. Inversely, 1 OUSG would allow you to trade for 1,161.95 LIT while 50 OUSG would convert to 58,097.48 LIT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.95%. Meanwhile, in the last 24 hours, the rate has changed by 3.28%, and that the highest exchange rate of 1 LIT to OUSG was 0.0009144 OUSG and the lowest 24 hour value was 1 LIT for 0.0008507 OUSG. Last month, 1 LIT was worth 0.001304 OUSG. Today, it's down 33.98%. Looking back a year, Litentry has changed by 0.002055 OUSG. That means that in a single year, the value of Litentry has shrank by 58.12%.
Litentry Market Stats
LIT is the native token of the Litentry parachain network. Litentry is a Decentralized Identity Aggregator, supporting on-chain identity verification and management for decentralized applications and their users.
OUSG Market Stats
OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance. The significant majority of this portfolio is held in the iShares Short Treasury Bond ETF (NASDAQ: SHV). There is also a small portion of USDC and USD for liquidity purposes. OUSG brings exposure to the ‘risk-free’ US Treasury rate on-chain for the first time. OUSG is an investment option that delivers a stable and predictable return while offering deep liquidity. Ondo funds such as OUSG only ever invest into ETFs backed by secure, stable, and liquid securities; these are the same assets in which trillions of dollars are invested every day by the world's largest institutions. OUSG was developed alongside two other fund tokens, OSTB and OHYG, by Ondo Finance, a software development firm in DeFi. Ondo launched in August 2021. Its first product was Ondo Vaults, a structured finance protocol on Ethereum. Later that year, Ondo launched Liquidity-as-a-Service (LaaS), facilitating over $210M in total liquidity provided. As DeFi yields compressed in 2022, the Ondo team decided to sunset Vaults and LaaS (together, "Ondo V1") to focus on next-generation protocols. Ondo V2, including Ondo’s tokenized funds, were announced by Nathan Allman in January 2023. Ondo funds subsequently opened to subscriptions soon after. What can OUSG be Used For? For investors who pass KYC and AML screening and sign subscription documents, OUSG tokens represent ownership in the fund. Investors can transfer these tokens between each other to effect changes in fund ownership. Investors can also use smart contracts to facilitate their financial arrangements such as by engaging in lending and trading activities with each other. The tokens themselves have transfer restrictions that will ensure they do not end up in the hands of anyone not appropriately qualified as an investor in the fund.
Conversion tables
LIT to OUSG values from Today at 4:55 pm
0.5 LIT = 0.0004303 OUSG |
1 LIT = 0.0008606 OUSG |
5 LIT = 0.004303 OUSG |
10 LIT = 0.008606 OUSG |
50 LIT = 0.04303 OUSG |
100 LIT = 0.08606 OUSG |
500 LIT = 0.4303 OUSG |
1,000 LIT = 0.8606 OUSG |
OUSG to LIT values from Today at 4:58 pm
0.5 OUSG = 580.97 LIT |
1 OUSG = 1,161.95 LIT |
5 OUSG = 5,809.75 LIT |
10 OUSG = 11,619.50 LIT |
50 OUSG = 58,097.48 LIT |
100 OUSG = 116,194.96 LIT |
500 OUSG = 580,974.81 LIT |
1,000 OUSG = 1,161,949.62 LIT |
LIT to OUSG over time
LIT | Today | 24H -3.39% | 1M -51.46% | 1Y -138.77% |
|---|---|---|---|---|
0.5 LIT | 0.0004303 OUSG | 0.0004449 OUSG | 0.0006518 OUSG | 0.001027 OUSG |
1 LIT | 0.0008606 OUSG | 0.0008898 OUSG | 0.001304 OUSG | 0.002055 OUSG |
5 LIT | 0.004303 OUSG | 0.004449 OUSG | 0.006518 OUSG | 0.01027 OUSG |
10 LIT | 0.008606 OUSG | 0.008898 OUSG | 0.01304 OUSG | 0.02055 OUSG |
50 LIT | 0.04303 OUSG | 0.04449 OUSG | 0.06518 OUSG | 0.1027 OUSG |
100 LIT | 0.08606 OUSG | 0.08898 OUSG | 0.1304 OUSG | 0.2055 OUSG |
500 LIT | 0.4303 OUSG | 0.4449 OUSG | 0.6518 OUSG | 1.03 OUSG |
1,000 LIT | 0.8606 OUSG | 0.8898 OUSG | 1.30 OUSG | 2.05 OUSG |
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