Convert Voucher DOT VDOT to Paxos Standard PAX
VDOT to PAX: 1 Voucher DOT converts to 1.34 PAX
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About VDOT and PAX
Voucher DOT is falling, while Paxos Standard is climbing this week. The current VDOT to PAX conversion rate is 1.34. Inversely, this means that if you convert 1 PAX you will get 0.745 VDOT. The conversion rate of VDOT/PAX has decreased by 0.6% in the last hour (PAX/VDOT increased by 0.6%). In the last 24 hours, VDOT/PAX shrunk by 7.28%, while PAX/VDOT grew by the same amount.
The exchange rate of Voucher DOT is decreasing. The current value of 1 VDOT is 1.34 PAX. In other words, to buy 5 Voucher DOT, it would cost you 6.71 PAX. Inversely, 1 PAX would allow you to trade for 0.745 VDOT while 50 PAX would convert to 37.25 VDOT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.69%. Meanwhile, in the last 24 hours, the rate has changed by 7.4%, which means that the highest exchange rate of 1 VDOT to PAX was 1.47 PAX and the lowest 24 hour value was 1 VDOT for 1.34 PAX. Last month, 1 VDOT was worth 1.52 PAX. Today, it's down 13.33%. Looking back a year, Voucher DOT has changed by 5.18 PAX. That means that in a single year, the value of Voucher DOT has shrank by 285.69%.
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.
Paxos Standard Market Stats
The Paxos Standard Token is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.
Conversion tables
VDOT to PAX values from Today at 2:37 am
0.5 VDOT = 0.6711 PAX |
1 VDOT = 1.34 PAX |
5 VDOT = 6.71 PAX |
10 VDOT = 13.42 PAX |
50 VDOT = 67.11 PAX |
100 VDOT = 134.22 PAX |
500 VDOT = 671.12 PAX |
1,000 VDOT = 1,342.23 PAX |
PAX to VDOT values from Today at 2:38 am
0.5 PAX = 0.3725 VDOT |
1 PAX = 0.745 VDOT |
5 PAX = 3.73 VDOT |
10 PAX = 7.45 VDOT |
50 PAX = 37.25 VDOT |
100 PAX = 74.50 VDOT |
500 PAX = 372.51 VDOT |
1,000 PAX = 745.03 VDOT |
VDOT to PAX over time
VDOT | Today | 24H -7.40% | 1M -13.33% | 1Y -285.69% |
|---|---|---|---|---|
0.5 VDOT | 0.6711 PAX | 0.7208 PAX | 0.7606 PAX | 2.59 PAX |
1 VDOT | 1.34 PAX | 1.44 PAX | 1.52 PAX | 5.18 PAX |
5 VDOT | 6.71 PAX | 7.21 PAX | 7.61 PAX | 25.88 PAX |
10 VDOT | 13.42 PAX | 14.42 PAX | 15.21 PAX | 51.77 PAX |
50 VDOT | 67.11 PAX | 72.08 PAX | 76.06 PAX | 258.84 PAX |
100 VDOT | 134.22 PAX | 144.15 PAX | 152.12 PAX | 517.69 PAX |
500 VDOT | 671.12 PAX | 720.76 PAX | 760.61 PAX | 2,588.45 PAX |
1,000 VDOT | 1,342.23 PAX | 1,441.52 PAX | 1,521.21 PAX | 5,176.89 PAX |
Frequently asked questions
Right now, 1 Voucher DOT is worth about $1.34.
Based on the current rate, you could get 0.7453 VDOT for 1 USD.
Voucher DOT price has been declining. Since yesterday, the exchange rate of Voucher DOT has decreased. Since last month, the exchange rate of Voucher DOT has decreased. Since this time last year, the price of Voucher DOT has decreased.
You can use our VDOT to USD calculator at the top of this page to convert any amount of VDOT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 3.73 VDOT. Inversely, 5 VDOT will cost about $6.71
Voucher DOT can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Voucher DOT.
There are a number of crypto assets that have the a similar or comparable market cap to Voucher DOT, including Skale IMA Bridged WBTC, Anima, and Nillion. For a more robust list of assets to explore, jump to the asset page dedicated to Voucher DOT.
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