About LIT and RZR
Litentry is falling, while RaiseR is climbing this week. The current LIT to RZR conversion rate is 0.9608. Inversely, this means that if you convert 1 RZR you will get 1.04 LIT. The conversion rate of LIT/RZR has increased by 1.81% in the last hour (RZR/LIT decreased by 1.78%). In the last 24 hours, LIT/RZR shrunk by 5.98%, while RZR/LIT grew by 6.36%.
The exchange rate of Litentry is decreasing. The current value of 1 LIT is 0.9608 RZR. In other words, to buy 5 Litentry, it would cost you 4.8042 RZR. Inversely, 1 RZR would allow you to trade for 1.04 LIT while 50 RZR would convert to 52.04 LIT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.69%. Meanwhile, in the last 24 hours, the rate has changed by 5.99%, and that the highest exchange rate of 1 LIT to RZR was 1.05 RZR and the lowest 24 hour value was 1 LIT for 0.9307 RZR. Last month, 1 LIT was worth 1.36 RZR. Today, it's down 29.39%. Looking back a year, Litentry has changed by 74.93 RZR. That means that in a single year, the value of Litentry has shrank by 98.72%.
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.
RaiseR Market Stats
What is the project about? RaiseR is a market for permissionless credit issuance and secondary market liquidity (RaiDEX). Anyone is able to borrow capital, without necessarily posting collateral, by relying on their on-chain creditworthiness. Lenders are able to assess the quality of borrowers through on-chain credit scoring, and by participating in the borrowers’ communities, creating channels of accountability. RaiseR tokenizes each borrow, creating a zero-coupon bond market, allowing lenders to tap liquidity prior to maturity, and providing speculators the ability to participate in a true credit market. What makes your project unique? RaiseR is unique, as it will be 100% owned and governed by the community, allows for open access to all whether they want to become a borrower, lender or trader. Further, it allows anyone to create an issuance while offering lenders the choice to fund diverse opportunities based on the borrowers' credit profiles. Moreover, traders will be able to tap into secondary markets for all successful issuances, which none of the current lending/borrowing platforms offer. History of your project. The idea was conceived in the aftermath of last year's crash, in December 2022 with the aim that a credit market is the need of the DeFi/crypto space. As the aim is to put governance ultimately in the hands of the community, the team chose to remain anonymous, working on the project and bootstrapping to prepare for launch in 2023. What’s next for your project? The platform Testnet will be live in some weeks, followed by the RaiseR Mainnet on Solana blockchain. RZR on the ETH blockchain will be bridged to RZR on Solana as well. What can your token be used for? RZR is the fuel of the platform; it is burned as a fee in every transaction. This includes the creation of issuances, as well as funding any issuances or trading on RaiDEX, and serves as an anti-spamming barrier. It will also be needed to acquire veRZR, the governance token.
Conversion tables
LIT to RZR values from Today at 8:19 am
0.5 LIT = 0.4804 RZR |
1 LIT = 0.9608 RZR |
5 LIT = 4.80 RZR |
10 LIT = 9.61 RZR |
50 LIT = 48.04 RZR |
100 LIT = 96.08 RZR |
500 LIT = 480.42 RZR |
1,000 LIT = 960.83 RZR |
RZR to LIT values from Today at 8:21 am
0.5 RZR = 0.5204 LIT |
1 RZR = 1.04 LIT |
5 RZR = 5.20 LIT |
10 RZR = 10.41 LIT |
50 RZR = 52.04 LIT |
100 RZR = 104.08 LIT |
500 RZR = 520.38 LIT |
1,000 RZR = 1,040.76 LIT |
LIT to RZR over time
LIT | Today | 24H -6.37% | 1M -41.63% | 1Y -7,698.50% |
|---|---|---|---|---|
0.5 LIT | 0.4804 RZR | 0.511 RZR | 0.6804 RZR | 37.47 RZR |
1 LIT | 0.9608 RZR | 1.02 RZR | 1.36 RZR | 74.93 RZR |
5 LIT | 4.80 RZR | 5.11 RZR | 6.80 RZR | 374.65 RZR |
10 LIT | 9.61 RZR | 10.22 RZR | 13.61 RZR | 749.31 RZR |
50 LIT | 48.04 RZR | 51.10 RZR | 68.04 RZR | 3,746.53 RZR |
100 LIT | 96.08 RZR | 102.20 RZR | 136.08 RZR | 7,493.06 RZR |
500 LIT | 480.42 RZR | 511.02 RZR | 680.41 RZR | 37,465.29 RZR |
1,000 LIT | 960.83 RZR | 1,022.04 RZR | 1,360.82 RZR | 74,930.57 RZR |
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