About OUSG and SNC
OUSG is falling, while SunContract is climbing this week. The current OUSG to SNC conversion rate is 5,532.28. Inversely, this means that if you convert 1 SNC you will get 0.0001808 OUSG. The conversion rate of OUSG/SNC has increased by 0.17% in the last hour (SNC/OUSG decreased by 0.17%). In the last 24 hours, OUSG/SNC shrunk by 0.87%, while SNC/OUSG grew by 0.88%.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 5,532.28 SNC. In other words, to buy 5 OUSG, it would cost you 27,661.40 SNC. Inversely, 1 SNC would allow you to trade for 0.0001808 OUSG while 50 SNC would convert to 0.009038 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.71%. Meanwhile, in the last 24 hours, the rate has changed by 0.61%, which means that the highest exchange rate of 1 OUSG to SNC was 5,664.20 SNC and the lowest 24 hour value was 1 OUSG for 5,434.76 SNC. Last month, 1 OUSG was worth 5,352.80 SNC. Today, it's up 3.35%. Looking back a year, OUSG has changed by 3,989.26 SNC. That means that in a single year, the value of OUSG has grown by 38.68%.
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.
SunContract Market Stats
SunContract is an energy trading platform that utilizes blockchain technology to create a new business model for buying and selling electricity. If you believe that blockchain technology can solve many of today's problems and that we are the team to take it to the energy sector, you are welcome to contribute.
Conversion tables
OUSG to SNC values from Today at 3:03 am
0.5 OUSG = 2,766.14 SNC |
1 OUSG = 5,532.28 SNC |
5 OUSG = 27,661.40 SNC |
10 OUSG = 55,322.79 SNC |
50 OUSG = 276,613.96 SNC |
100 OUSG = 553,227.91 SNC |
500 OUSG = 2,766,139.56 SNC |
1,000 OUSG = 5,532,279.13 SNC |
SNC to OUSG values from Today at 3:01 am
0.5 SNC = 0.00009038 OUSG |
1 SNC = 0.0001808 OUSG |
5 SNC = 0.0009038 OUSG |
10 SNC = 0.001808 OUSG |
50 SNC = 0.009038 OUSG |
100 SNC = 0.01808 OUSG |
500 SNC = 0.09038 OUSG |
1,000 SNC = 0.1808 OUSG |
OUSG to SNC over time
OUSG | Today | 24H -0.61% | 1M 3.24% | 1Y 27.89% |
|---|---|---|---|---|
0.5 OUSG | 2,766.14 SNC | 2,783.14 SNC | 2,676.40 SNC | 1,994.63 SNC |
1 OUSG | 5,532.28 SNC | 5,566.27 SNC | 5,352.80 SNC | 3,989.26 SNC |
5 OUSG | 27,661.40 SNC | 27,831.35 SNC | 26,764.02 SNC | 19,946.30 SNC |
10 OUSG | 55,322.79 SNC | 55,662.70 SNC | 53,528.05 SNC | 39,892.61 SNC |
50 OUSG | 276,613.96 SNC | 278,313.52 SNC | 267,640.23 SNC | 199,463.04 SNC |
100 OUSG | 553,227.91 SNC | 556,627.05 SNC | 535,280.45 SNC | 398,926.09 SNC |
500 OUSG | 2,766,139.56 SNC | 2,783,135.24 SNC | 2,676,402.27 SNC | 1,994,630.44 SNC |
1,000 OUSG | 5,532,279.13 SNC | 5,566,270.47 SNC | 5,352,804.54 SNC | 3,989,260.88 SNC |
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