About OKB and SYNC
OKB is climbing, while SYNC Network is falling this week. The current OKB to SYNC conversion rate is 918,142.19. Inversely, this means that if you convert 1 SYNC you will get 0.000001089 OKB. The conversion rate of OKB/SYNC has decreased by 0.19% in the last hour (SYNC/OKB increased by 0.19%). In the last 24 hours, OKB/SYNC grew by 0.77%, while SYNC/OKB shrunk by the same amount.
The exchange rate of OKB is increasing. The current value of 1 OKB is 918,142.19 SYNC. In other words, to buy 5 OKB, it would cost you 4,590,710.95 SYNC. Inversely, 1 SYNC would allow you to trade for 0.000001089 OKB while 50 SYNC would convert to 0.00005446 OKB, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.86%. Meanwhile, in the last 24 hours, the rate has changed by 0.65%, and that the highest exchange rate of 1 OKB to SYNC was 922,025.51 SYNC and the lowest 24 hour value was 1 OKB for 910,137.59 SYNC. Last month, 1 OKB was worth 901,265.01 SYNC. Today, it's up 1.84%. Looking back a year, OKB has changed by 222,917.05 SYNC. That means that in a single year, the value of OKB has grown by 75.72%.
OKB Market Stats
OKEx, the 2nd most popular cryptocurrency exchange by trading volume, launched its platform token ‘OKB‘ today with 10 trading pairs. On its official support page, OKEx describes OKB is a global utility token issued by the OK Blockchain Foundation. The total available supply of OKB will be one billion tokens (1,000,000,000), with a distribution model that allocates 60% of the supply will be given out to OKEx customers for community building and during marketing campaigns. According to OKEx, the company had officially issued OKB on ERC20 protocol earlier this month. The company denied ICO (initial coin offering) and public fundraising. Reportedly the company had stated that it would be soon shifting the token to its official OK chain and subsequently it will be applied not only on OKEx’s platform but also on other related projects. There will be in total 1 billion tokens supplied globally out of which 600 million coins will be distributed to OKEx customers for community building and marketing campaigns. Rest will be locked up for a period of 1 year to 3 years. According to OKEx, the company had officially issued OKB on ERC20 protocol earlier this month. The company denied ICO (initial coin offering) and public fundraising. Reportedly the company had stated that it would be soon shifting the token to its official OK chain and subsequently it will be applied not only on OKEx’s platform but also on other related projects. There will be in total 1 billion tokens supplied globally out of which 600 million coins will be distributed to OKEx customers for community building and marketing campaigns. Rest will be locked up for a period of 1 year to 3 years.
SYNC Network Market Stats
Projects in the decentralized finance space started utilizing stake and proof-of-liquidity mechanics to develop a trustless economy but fundamental flaws have held these projects behind. The SYNC Network addresses these problems and offers a workable solution through tradeable stakes bonding Uniswap liquidity pairs with a fully trustless ERC-20 token (SYNC). SYNC enables users to earn interest by staking a cyptographic bond to Uniswap liquidity pair tokens (Crypto Bonds). Crypto Bonds are an NFT (ERC-721) token with collectible attributes, accruing interest rates, and the ability to separately trade and speculate on them within a secondary market. SYNC Network works to bring stability and risk mitigation to decentralized finance by solidifying a guarantee on holding liquidity pairs for an extended period of time. The Sync Network can help build a needed, stable foundation for the DeFi space and a fully functioning, more robust trustless economy. -- The SYNC Network is composed of two main contracts: the SYNC ERC-20 contract and the Crypto Bond ERC-721 contract. SYNC tokens have an undefined total supply with inflationary and deflationary attributes through the interactions with Crypto Bond investors. Despite being a long-term investment, Crypto Bonds do not share anything in common with traditional finance bonds. The name comes from the bonding of liquidity pairs and our own token. Crypto Bonds introduce proof of long-term position in DeFi liquidity pools, and will naturally strengthen the core of DeFi finance as a whole. They are a tradeable, long-term (90 days - 3 years) stake - bonding Uniswap liquidity-pair tokens together with SYNC. Deflation of the currency happens when Crypto Bonds are created, burning SYNC from the total supply. Using a Crypto Bond, an investor is able to lock liquidity-pair tokens with the corresponding dollar-to-dollar value in SYNC at some guaranteed interest rate of SYNC upon maturation. Dividend paying versions are also available. Therefore, this occurs in inflation, minting the principle plus interest. Crypto Bond Interest Rates SYNC balances itself through daily, self-correcting interest rates. Interest rates of bonds depends on three factors. 1. Total supply of sync in the market. 2. Duration of bond 3. Total bonded amount of that liquidity pair token Please see the full whitepaper and website for more information.
Conversion tables
OKB to SYNC values from Today at 11:44 am
0.5 OKB = 459,071.09 SYNC |
1 OKB = 918,142.19 SYNC |
5 OKB = 4,590,710.95 SYNC |
10 OKB = 9,181,421.89 SYNC |
50 OKB = 45,907,109.47 SYNC |
100 OKB = 91,814,218.95 SYNC |
500 OKB = 459,071,094.74 SYNC |
1,000 OKB = 918,142,189.49 SYNC |
SYNC to OKB values from Today at 11:44 am
0.5 SYNC = 0.0000005446 OKB |
1 SYNC = 0.000001089 OKB |
5 SYNC = 0.000005446 OKB |
10 SYNC = 0.00001089 OKB |
50 SYNC = 0.00005446 OKB |
100 SYNC = 0.0001089 OKB |
500 SYNC = 0.0005446 OKB |
1,000 SYNC = 0.001089 OKB |
OKB to SYNC over time
OKB | Today | 24H 0.65% | 1M 1.84% | 1Y 75.72% |
|---|---|---|---|---|
0.5 OKB | 459,071.09 SYNC | 456,079.13 SYNC | 450,632.51 SYNC | 111,458.52 SYNC |
1 OKB | 918,142.19 SYNC | 912,158.27 SYNC | 901,265.01 SYNC | 222,917.05 SYNC |
5 OKB | 4,590,710.95 SYNC | 4,560,791.33 SYNC | 4,506,325.06 SYNC | 1,114,585.24 SYNC |
10 OKB | 9,181,421.89 SYNC | 9,121,582.66 SYNC | 9,012,650.12 SYNC | 2,229,170.49 SYNC |
50 OKB | 45,907,109.47 SYNC | 45,607,913.30 SYNC | 45,063,250.59 SYNC | 11,145,852.44 SYNC |
100 OKB | 91,814,218.95 SYNC | 91,215,826.60 SYNC | 90,126,501.18 SYNC | 22,291,704.89 SYNC |
500 OKB | 459,071,094.74 SYNC | 456,079,133.00 SYNC | 450,632,505.89 SYNC | 111,458,524.43 SYNC |
1,000 OKB | 918,142,189.49 SYNC | 912,158,266.00 SYNC | 901,265,011.77 SYNC | 222,917,048.85 SYNC |
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