About MKR and VDOT
Maker is climbing, while Voucher DOT is falling this week. The current MKR to VDOT conversion rate is 956.56. Inversely, this means that if you convert 1 VDOT you will get 0.001045 MKR. The conversion rate of MKR/VDOT has decreased by 0.41% in the last hour (VDOT/MKR increased by 0.41%). In the last 24 hours, MKR/VDOT grew by 1.56%, while VDOT/MKR shrunk by the same amount.
The exchange rate of Maker is increasing. The current value of 1 MKR is 956.56 VDOT. In other words, to buy 5 Maker, it would cost you 4,782.79 VDOT. Inversely, 1 VDOT would allow you to trade for 0.001045 MKR while 50 VDOT would convert to 0.05227 MKR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 15.53%. Meanwhile, in the last 24 hours, the rate has changed by 1.1%, and that the highest exchange rate of 1 MKR to VDOT was 1,030.37 VDOT and the lowest 24 hour value was 1 MKR for 901.46 VDOT. Last month, 1 MKR was worth 900.85 VDOT. Today, it's up 5.82%. Looking back a year, Maker has changed by 374.71 VDOT. That means that in a single year, the value of Maker has grown by 60.83%.
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.
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
MKR to VDOT values from Today at 8:23 am
0.5 MKR = 478.28 VDOT |
1 MKR = 956.56 VDOT |
5 MKR = 4,782.79 VDOT |
10 MKR = 9,565.58 VDOT |
50 MKR = 47,827.90 VDOT |
100 MKR = 95,655.81 VDOT |
500 MKR = 478,279.05 VDOT |
1,000 MKR = 956,558.10 VDOT |
VDOT to MKR values from Today at 8:25 am
0.5 VDOT = 0.0005227 MKR |
1 VDOT = 0.001045 MKR |
5 VDOT = 0.005227 MKR |
10 VDOT = 0.01045 MKR |
50 VDOT = 0.05227 MKR |
100 VDOT = 0.1045 MKR |
500 VDOT = 0.5227 MKR |
1,000 VDOT = 1.05 MKR |
MKR to VDOT over time
MKR | Today | 24H 1.10% | 1M 5.82% | 1Y 60.83% |
|---|---|---|---|---|
0.5 MKR | 478.28 VDOT | 473.01 VDOT | 450.43 VDOT | 187.36 VDOT |
1 MKR | 956.56 VDOT | 946.01 VDOT | 900.85 VDOT | 374.71 VDOT |
5 MKR | 4,782.79 VDOT | 4,730.05 VDOT | 4,504.25 VDOT | 1,873.56 VDOT |
10 MKR | 9,565.58 VDOT | 9,460.10 VDOT | 9,008.50 VDOT | 3,747.12 VDOT |
50 MKR | 47,827.90 VDOT | 47,300.52 VDOT | 45,042.52 VDOT | 18,735.60 VDOT |
100 MKR | 95,655.81 VDOT | 94,601.05 VDOT | 90,085.05 VDOT | 37,471.19 VDOT |
500 MKR | 478,279.05 VDOT | 473,005.24 VDOT | 450,425.24 VDOT | 187,355.96 VDOT |
1,000 MKR | 956,558.10 VDOT | 946,010.49 VDOT | 900,850.48 VDOT | 374,711.92 VDOT |
Frequently asked questions
Right now, 1 Maker is worth about $1,354.32.
Based on the current rate, you could get 0.0007384 MKR for 1 USD.
Maker price has been on the rise. Since yesterday, the exchange rate of Maker has increased. Since last month, the exchange rate of Maker has decreased. Since this time last year, the price of Maker has decreased.
You can use our MKR to USD calculator at the top of this page to convert any amount of MKR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.003692 MKR. Inversely, 5 MKR will cost about $6,771.60
Maker is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Maker.
There are a number of crypto assets that have the a similar or comparable market cap to Maker, including Aave MKR V2, Cryptonex, and NexQloud. For a more robust list of assets to explore, jump to the asset page dedicated to Maker.
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