About DAI and WMC
Dai is falling, while Wrapped MistCoin is climbing this week. The current DAI to WMC conversion rate is 0.5928. Inversely, this means that if you convert 1 WMC you will get 1.69 DAI. The conversion rate of DAI/WMC has increased by 0.28% in the last hour (WMC/DAI decreased by 0.28%). In the last 24 hours, DAI/WMC shrunk by 0.01%, while WMC/DAI grew by 0.01%.
The exchange rate of Dai is increasing. The current value of 1 DAI is 0.5928 WMC. In other words, to buy 5 Dai, it would cost you 2.964 WMC. Inversely, 1 WMC would allow you to trade for 1.69 DAI while 50 WMC would convert to 84.35 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 24.4%. Meanwhile, in the last 24 hours, the rate has changed by 0.79%, which means that the highest exchange rate of 1 DAI to WMC was 0.5938 WMC and the lowest 24 hour value was 1 DAI for 0.5702 WMC. Last month, 1 DAI was worth 0.3895 WMC. Today, it's up 52.2%. Looking back a year, Dai has changed by 0.29 WMC. That means that in a single year, the value of Dai has grown by 104.4%.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Wrapped MistCoin Market Stats
MistCoin is the prototype or manuscript for ERC-20. Its launch on November 3rd, 2015, coincided with the introduction of a custom token system for the Ethereum Mist Wallet. Ethereum pioneers Fabian Vogelsteller and Alex Van de Sande both lead the project. Following the release of MistCoin, hundreds of token contracts with the same exact code were deployed. Leading to the creation of the ERC-20 standard, designed and proposed by Fabian. In essence, MistCoin is the origin of every ERC-20 token. Wrapped MistCoin (WMC) was created to enable the seamless trading and use of MistCoin(MC) in a manner consistent with standard cryptocurrency protocols. This approach aligns with the conventional method applied when dealing with historical assets on Ethereum. Notably, other well-established digital assets, such as CryptoPunks, CryptoKitties, Etheria Tiles, among others, have undergone a very similar wrapping process to facilitate modern day use. WMC/MC can be freely Unwrapped and Wrapped, 1:1, by anyone at anytime.
Conversion tables
DAI to WMC values from Today at 5:03 am
0.5 DAI = 0.2964 WMC |
1 DAI = 0.5928 WMC |
5 DAI = 2.96 WMC |
10 DAI = 5.93 WMC |
50 DAI = 29.64 WMC |
100 DAI = 59.28 WMC |
500 DAI = 296.40 WMC |
1,000 DAI = 592.80 WMC |
WMC to DAI values from Today at 5:02 am
0.5 WMC = 0.8435 DAI |
1 WMC = 1.69 DAI |
5 WMC = 8.43 DAI |
10 WMC = 16.87 DAI |
50 WMC = 84.35 DAI |
100 WMC = 168.69 DAI |
500 WMC = 843.45 DAI |
1,000 WMC = 1,686.91 DAI |
DAI to WMC over time
DAI | Today | 24H 0.78% | 1M 34.30% | 1Y 51.08% |
|---|---|---|---|---|
0.5 DAI | 0.2964 WMC | 0.2941 WMC | 0.1947 WMC | 0.145 WMC |
1 DAI | 0.5928 WMC | 0.5882 WMC | 0.3895 WMC | 0.29 WMC |
5 DAI | 2.96 WMC | 2.94 WMC | 1.95 WMC | 1.45 WMC |
10 DAI | 5.93 WMC | 5.88 WMC | 3.89 WMC | 2.90 WMC |
50 DAI | 29.64 WMC | 29.41 WMC | 19.47 WMC | 14.50 WMC |
100 DAI | 59.28 WMC | 58.82 WMC | 38.95 WMC | 29.00 WMC |
500 DAI | 296.40 WMC | 294.08 WMC | 194.75 WMC | 145.01 WMC |
1,000 DAI | 592.80 WMC | 588.15 WMC | 389.50 WMC | 290.03 WMC |
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