Convert Liquid Staking Derivatives LSD to Dai DAI
LSD to DAI: 1 Liquid Staking Derivatives converts to 0.00603 DAI
About LSD and DAI
Liquid Staking Derivatives is falling, while Dai is climbing this week. The current LSD to DAI conversion rate is 0.00603. Inversely, this means that if you convert 1 DAI you will get 165.84 LSD. The conversion rate of LSD/DAI has increased by 0.01% in the last hour (DAI/LSD decreased by 0.01%). In the last 24 hours, LSD/DAI shrunk by 0.1%, while DAI/LSD grew by the same amount.
The exchange rate of Liquid Staking Derivatives is decreasing. The current value of 1 LSD is 0.00603 DAI. In other words, to buy 5 Liquid Staking Derivatives, it would cost you 0.030149 DAI. Inversely, 1 DAI would allow you to trade for 165.84 LSD while 50 DAI would convert to 8,292.17 LSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.76%. Meanwhile, in the last 24 hours, the rate has changed by 0.1%, and that the highest exchange rate of 1 LSD to DAI was 0.006037 DAI and the lowest 24 hour value was 1 LSD for 0.006028 DAI. Last month, 1 LSD was worth 0.00456 DAI. Today, it's up 24.37%. Looking back a year, Liquid Staking Derivatives has changed by 0.01273 DAI. That means that in a single year, the value of Liquid Staking Derivatives has shrank by 111.07%.
Liquid Staking Derivatives Market Stats
$LSD is a liquid staking aggregator protocol based on algorithms that detect and calculate the best possible solution for the highest APY. $LSD uses a proprietary smart contract to manage and automatically rebalance the portfolio to generate the best APY’s for its investors. Staking has to-date, offered and will likely continue to offer the most reliable yields in DeFi. Liquid staking - or the ability to stake ETH via swapping for a liquid asset, has emerged as the leader in this DeFi ecosystem. However investors must still contend with the difficulty of - evaluating yield (both in ETH and native tokens), choosing a protocol, and continually re-evaluating this over time. Enter $LSD. Simply put - users swap ETH for $LS-ETH, a wrapper around the $LSD Aggregator protocol - and our protocol will do the rest, ensuring the highest possible staked ETH yield across a multitude of liquid staking protocols via our proprietary smart contract.Custody of staked assets remains always with the user, which will aim to allow them to access that liquidity across the entire DeFi ecosystem.
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.
Conversion tables
LSD to DAI values from Today at 5:59 am
0.5 LSD = 0.003015 DAI |
1 LSD = 0.00603 DAI |
5 LSD = 0.03015 DAI |
10 LSD = 0.0603 DAI |
50 LSD = 0.3015 DAI |
100 LSD = 0.603 DAI |
500 LSD = 3.01 DAI |
1,000 LSD = 6.03 DAI |
DAI to LSD values from Today at 5:58 am
0.5 DAI = 82.92 LSD |
1 DAI = 165.84 LSD |
5 DAI = 829.22 LSD |
10 DAI = 1,658.43 LSD |
50 DAI = 8,292.17 LSD |
100 DAI = 16,584.35 LSD |
500 DAI = 82,921.73 LSD |
1,000 DAI = 165,843.46 LSD |
LSD to DAI over time
LSD | Today | 24H -0.10% | 1M 24.37% | 1Y -111.07% |
|---|---|---|---|---|
0.5 LSD | 0.003015 DAI | 0.003018 DAI | 0.00228 DAI | 0.006364 DAI |
1 LSD | 0.00603 DAI | 0.006036 DAI | 0.00456 DAI | 0.01273 DAI |
5 LSD | 0.03015 DAI | 0.03018 DAI | 0.0228 DAI | 0.06364 DAI |
10 LSD | 0.0603 DAI | 0.06036 DAI | 0.0456 DAI | 0.1273 DAI |
50 LSD | 0.3015 DAI | 0.3018 DAI | 0.228 DAI | 0.6364 DAI |
100 LSD | 0.603 DAI | 0.6036 DAI | 0.456 DAI | 1.27 DAI |
500 LSD | 3.01 DAI | 3.02 DAI | 2.28 DAI | 6.36 DAI |
1,000 LSD | 6.03 DAI | 6.04 DAI | 4.56 DAI | 12.73 DAI |
Frequently asked questions
Right now, 1 Liquid Staking Derivatives is worth about R$0.03086.
Based on the current rate, you could get 32.40 LSD for 1 BRL.
You can use our LSD to BRL calculator at the top of this page to convert any amount of LSD to BRL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BRL is equivalent to 162.02 LSD. Inversely, 5 LSD will cost about R$0.1543
Liquid Staking Derivatives can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Liquid Staking Derivatives.
There are a number of crypto assets that have the a similar or comparable market cap to Liquid Staking Derivatives, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Liquid Staking Derivatives.
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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.