Convert Kokoa Stable Dollar KSD to Nigerian Naira NGN
KSD to NGN: 1 Kokoa Stable Dollar converts to NGN 112.44 NGN as of October 26 at 2:32 PM
Kokoa Stable Dollar (KSD) is not tradable on Coinbase.
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About Kokoa Stable Dollar
Kokoa Stable Dollar is falling this week. The current price of Kokoa Stable Dollar is NGN 112.44 per KSD. With a circulating supply of 0 KSD, it means that Kokoa Stable Dollar has a total market cap of NGN 0.00. The amount of Kokoa Stable Dollar traded has fallen by NGN 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, NGN 0.00 worth of KSD has been traded.
The exchange rate of Kokoa Stable Dollar is increasing. The current value of 1 KSD is NGN 112.44 NGN. In other words, to buy 5 Kokoa Stable Dollar, it would cost you NGN 562.21 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.008893 KSD while NGN 50.00 NGN would convert to 0.4447 KSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 KSD to NGN was NGN 124.68 NGN and the lowest 24 hour value was 1 KSD for NGN 110.25 NGN. Last month, 1 KSD was worth NGN 100.88 NGN. Today, it's up 0%. Looking back a year, Kokoa Stable Dollar has changed by NGN 174.90 NGN. That means that in a single year, the value of Kokoa Stable Dollar has grown by 0%.
Kokoa Stable Dollar Market Stats
# What is Kokoa Finance (KSD, KOKOA)? Kokoa Finance is the first crypto-asset-backed stablecoin platform built for the Klaytn blockchain. Kokoa Finance is permissonless and entirely on-chain, adopting two-token system: KSD and KOKOA. KSD is decentralized stablecoin operating by collateralizing crypto-asset, whereas KOKOA is a governance token for KokoaDAO. KokoaDAO is a decentralized organization targeting to manage the sustainability and soundness of the KSD monetary system. Users can participate in KokoaDAO by staking KOKOA. # What Makes Kokoa Finance Unique? Aforementioned, KSD is a crypto-collateralized decentralized stablecoin, provided exclusively by Kokoa Finance. Using Kokoa Finance, users can borrow KSD stablecoin without paying any nominal cost. Furthermore, Kokoa Finance internally utilizes “Flash Mint” mechanism, allowing users to easily create leveraged positions. These features contribute to the construction of user-friendly ecosystem, which in turn promote the growth of the entire network. # How are KSD minted and how does KSD maintain its price stability? KSD is a crypto-asset-backed stablecoin, maintaining its price stability via managing various types of collaterals in vaults, and also charging stability fee. Collateral Vaults are constantly monitored with price oracles. Based on the monitoring result, long-term demand and supply of KSD is adjusted thereby conserving its pegging with USD. Moreover, KokoaFarm Labs has also launched i4i, its StableSwap DEX of which functionality is expected to be expanded as it combines CryptoPool. As a consequence, KSD prices can also stay stabilized for some short-term period
Conversion tables
KSD to NGN values from Today at 2:32 pm
0.5 KSD = NGN 56.22 NGN |
1 KSD = NGN 112.44 NGN |
5 KSD = NGN 562.21 NGN |
10 KSD = NGN 1,124.42 NGN |
50 KSD = NGN 5,622.11 NGN |
100 KSD = NGN 11,244.22 NGN |
500 KSD = NGN 56,221.08 NGN |
1,000 KSD = NGN 112,442.16 NGN |
NGN to KSD values from Today at 2:31 pm
NGN 0.50 NGN = 0.004447 KSD |
NGN 1.00 NGN = 0.008893 KSD |
NGN 5.00 NGN = 0.04447 KSD |
NGN 10.00 NGN = 0.08893 KSD |
NGN 50.00 NGN = 0.4447 KSD |
NGN 100.00 NGN = 0.8893 KSD |
NGN 500.00 NGN = 4.45 KSD |
NGN 1,000.00 NGN = 8.89 KSD |
KSD to NGN over time
KSD | Today | 24H 99.95% | 1M 99.95% | 1Y 99.92% |
|---|---|---|---|---|
0.5 KSD | NGN 56.22 NGN | NGN 56.11 NGN | NGN 50.44 NGN | NGN 87.45 NGN |
1 KSD | NGN 112.44 NGN | NGN 112.22 NGN | NGN 100.88 NGN | NGN 174.90 NGN |
5 KSD | NGN 562.21 NGN | NGN 561.09 NGN | NGN 504.39 NGN | NGN 874.49 NGN |
10 KSD | NGN 1,124.42 NGN | NGN 1,122.19 NGN | NGN 1,008.77 NGN | NGN 1,748.98 NGN |
50 KSD | NGN 5,622.11 NGN | NGN 5,610.94 NGN | NGN 5,043.87 NGN | NGN 8,744.92 NGN |
100 KSD | NGN 11,244.22 NGN | NGN 11,221.88 NGN | NGN 10,087.75 NGN | NGN 17,489.83 NGN |
500 KSD | NGN 56,221.08 NGN | NGN 56,109.40 NGN | NGN 50,438.74 NGN | NGN 87,449.17 NGN |
1,000 KSD | NGN 112,442.16 NGN | NGN 112,218.80 NGN | NGN 100,877.47 NGN | NGN 174,898.34 NGN |
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