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About SKY and IF
Sky is falling, while Impossible Finance is climbing this week. The current SKY to IF conversion rate is 23.66. Inversely, this means that if you convert 1 IF you will get 0.04227 SKY. The conversion rate of SKY/IF has increased by 0.29% in the last hour (IF/SKY decreased by 0.29%). In the last 24 hours, SKY/IF shrunk by 3.54%, while IF/SKY grew by the same amount.
The exchange rate of Sky is decreasing. The current value of 1 SKY is 23.66 IF. In other words, to buy 5 Sky, it would cost you 118.28 IF. Inversely, 1 IF would allow you to trade for 0.04227 SKY while 50 IF would convert to 2.11 SKY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.84%. Meanwhile, in the last 24 hours, the rate has changed by 4.22%, and that the highest exchange rate of 1 SKY to IF was 25.00 IF and the lowest 24 hour value was 1 SKY for 23.43 IF. Last month, 1 SKY was worth 25.92 IF. Today, it's down 9.57%. Looking back a year, Sky has changed by 10.26 IF. That means that in a single year, the value of Sky has grown by 56.62%.
Sky Market Stats
The SKY token is the native governance and utility token of the Sky Protocol, a decentralized finance (DeFi) platform that evolved from MakerDAO. It plays a central role in the protocol’s ecosystem, supporting a range of financial services and community-driven governance.
Impossible Finance Market Stats
The first two Impossible Finance products revolve around yield & autonomous community creation. Versus TradFi’s low yields, defi yield protocols have been a killer app, but impermanent loss still looms large. Instead, focusing on low-IL asset pools such as EUR and JPY stablecoins, where central banks have negative interest rates, or non-dividend yielding synthetics (hint: high growth stocks don’t have dividends) like synthetic TSLA, we propose the first wave of “Impossible Yield” products powered by our stablecoin swap, StableXswap. Taking a page out of Aave & Synthetix’ playbook, this also encourages us to integrate many synthetic assets, lending protocols, and cross-chain solutions to aggregate liquidity. This yield generated from stable EUR, JPY, or TSLA pools is unbeatable by TradFi, at least until the ECB changes policies, the Japanese population pyramid inverts, or Elon Musk changes his website’s FAQ. In early 2021, we saw Wall Street Bets clash with Robinhood & hedge funds, putting emphasis on addressing retail users’ needs without sacrificing user autonomy. Beyond avoiding business models that actively harm users (i.e. selling flow to frontrunners, or hiding spreads to mask fees), why would you ever accept dividendless holdings when defi can give you yield? That’s Impossible Finance: we’re hellbent on providing better financial instruments for the world. The second release of Impossible Finance products tackle crypto’s best killer app: fundraising. In the wake of 2017 ICO scams, Vitalik posited DAICOs, (DAO + ICOs), where project teams could raise smart- contract vested funds, provided they achieve certain milestones. Governors determined whether the team was still building, or else refund investors. However, 2018 lacked robust governance and voting portals (i.e.snapshot.page), let alone real products to invest in. Today, we propose the launch of self-sustaining- initial-dex-offerings, or SSIDOs. With the power of yield from our AMMs and partner protocols, a team that raises $10M with a $2M burn rate can be self-sustaining with just 20% APY, creating a new raise once, build forever model. The Andre’s of the world can find capital & liquidity and no longer need to rely on cexes and rent-seeking private investment funds to pay the bills. Meanwhile, vesting stable LP tokens from the fundraise stay within our AMM, which creates sticky TVL. Teams that raise via this system get automatically transparent banking, while traders get access to steady liquidity, anti-rugpull peace of mind. Our mission at Impossible Finance will be to continue finding win-wins for traders, investors, projects, and protocols alike.
Conversion tables
SKY to IF values from Today at 2:47 am
0.5 SKY = 11.83 IF |
1 SKY = 23.66 IF |
5 SKY = 118.28 IF |
10 SKY = 236.55 IF |
50 SKY = 1,182.77 IF |
100 SKY = 2,365.53 IF |
500 SKY = 11,827.65 IF |
1,000 SKY = 23,655.30 IF |
IF to SKY values from Today at 2:47 am
0.5 IF = 0.02114 SKY |
1 IF = 0.04227 SKY |
5 IF = 0.2114 SKY |
10 IF = 0.4227 SKY |
50 IF = 2.11 SKY |
100 IF = 4.23 SKY |
500 IF = 21.14 SKY |
1,000 IF = 42.27 SKY |
SKY to IF over time
SKY | Today | 24H -4.22% | 1M -9.57% | 1Y 56.62% |
|---|---|---|---|---|
0.5 SKY | 11.83 IF | 12.33 IF | 12.96 IF | 5.13 IF |
1 SKY | 23.66 IF | 24.65 IF | 25.92 IF | 10.26 IF |
5 SKY | 118.28 IF | 123.26 IF | 129.60 IF | 51.31 IF |
10 SKY | 236.55 IF | 246.53 IF | 259.20 IF | 102.63 IF |
50 SKY | 1,182.77 IF | 1,232.64 IF | 1,296.00 IF | 513.13 IF |
100 SKY | 2,365.53 IF | 2,465.29 IF | 2,592.00 IF | 1,026.26 IF |
500 SKY | 11,827.65 IF | 12,326.45 IF | 12,959.98 IF | 5,131.30 IF |
1,000 SKY | 23,655.30 IF | 24,652.89 IF | 25,919.95 IF | 10,262.60 IF |
Frequently asked questions
Right now, 1 Sky is worth about $0.06365.
Based on the current rate, you could get 15.71 SKY for 1 USD.
Sky price has been declining. Since yesterday, the exchange rate of Sky has decreased. Since last month, the exchange rate of Sky has decreased. Since this time last year, the price of Sky has decreased.
You can use our SKY to USD calculator at the top of this page to convert any amount of SKY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 78.56 SKY. Inversely, 5 SKY will cost about $0.3182
Sky is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Sky.
There are a number of crypto assets that have the a similar or comparable market cap to Sky, including Internet Computer, USDD, and OKB. For a more robust list of assets to explore, jump to the asset page dedicated to Sky.
Buy Sky with Coinbase
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.