Convert Interest Protocol IPT to British Pound GBP
IPT to GBP: 1 Interest Protocol converts to £0.01975 GBP as of July 25 at 3:16 AM
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About Interest Protocol
Interest Protocol is falling this week. The current price of Interest Protocol is £0.01975 per IPT. With a circulating supply of 0 IPT, it means that Interest Protocol has a total market cap of £0.00. The amount of Interest Protocol traded has fallen by £0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, £0.00 worth of IPT has been traded.
The exchange rate of Interest Protocol is increasing. The current value of 1 IPT is £0.01975 GBP. In other words, to buy 5 Interest Protocol, it would cost you £0.09877 GBP. Inversely, £1.00 GBP would allow you to trade for 50.62 IPT while £50.00 GBP would convert to 2,531.15 IPT, 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 IPT to GBP was £0.01978 GBP and the lowest 24 hour value was 1 IPT for £0.01972 GBP. Last month, 1 IPT was worth £0.01996 GBP. Today, it's up 0%. Looking back a year, Interest Protocol has changed by £0.01959 GBP. That means that in a single year, the value of Interest Protocol has grown by 0%.
Interest Protocol Market Stats
## What Is Interest Protocol? Launched on June 13th, 2022, Interest Protocol (IP) is the first fractional reserve banking protocol on the Ethereum blockchain that pays interest to all depositors. USDi is an over-collateralized stablecoin issued by Interest Protocol. IPT is the governance token of Interest Protocol. Users can mint 1 USDi by depositing 1 USDC into the protocol, and anyone can receive 1 USDC from the protocol by burning 1 USDi that they hold. In addition, users can deposit assets into a multi-collateral vault and borrow USDi against that collateral. Regardless of how they obtained USDi, all USDi holders automatically earn yield without having to spend gas to stake. Given the same amount of capital, Interest Protocol can generate more loans with less liquidity risk than existing lending protocols without fractional reserves. Interest Protocol automatically manages its reserve ratio—USDC in the protocol’s reserve over the total supply of USDi—by employing a variable interest rate system. As the reserve ratio decreases, the borrow and deposit rates of USDi increase, and vice versa. ## How Many IPT Tokens Are There in Circulation? At launch, there will be 100 million IPT tokens in existence. 20% of this will be unissued and held in the protocol treasury. Through governance proposals, IPT holders can collectively decide to mint additional IPT tokens. ## Who Built Interest Protocol? Interest Protocol was developed by GFX Labs. GFX Labs started in 2021 with the goal of building web 3 applications that facilitate ownership and improve usability. ### Where Can I Buy IPT? IPT can be purchased by participating in the [IPT sale](
Conversion tables
IPT to GBP values from Today at 3:16 am
0.5 IPT = £0.009877 GBP |
1 IPT = £0.01975 GBP |
5 IPT = £0.09877 GBP |
10 IPT = £0.1975 GBP |
50 IPT = £0.9877 GBP |
100 IPT = £1.98 GBP |
500 IPT = £9.88 GBP |
1,000 IPT = £19.75 GBP |
GBP to IPT values from Today at
£0.50 GBP = 25.31 IPT |
£1.00 GBP = 50.62 IPT |
£5.00 GBP = 253.11 IPT |
£10.00 GBP = 506.23 IPT |
£50.00 GBP = 2,531.15 IPT |
£100.00 GBP = 5,062.29 IPT |
£500.00 GBP = 25,311.45 IPT |
£1,000.00 GBP = 50,622.90 IPT |
IPT to GBP over time
IPT | Today | 24H -0.08% | 1M -1.06% | 1Y 0.85% |
|---|---|---|---|---|
0.5 IPT | £0.009877 GBP | £0.009885 GBP | £0.009981 GBP | £0.009793 GBP |
1 IPT | £0.01975 GBP | £0.01977 GBP | £0.01996 GBP | £0.01959 GBP |
5 IPT | £0.09877 GBP | £0.09885 GBP | £0.09981 GBP | £0.09793 GBP |
10 IPT | £0.1975 GBP | £0.1977 GBP | £0.1996 GBP | £0.1959 GBP |
50 IPT | £0.9877 GBP | £0.9885 GBP | £0.9981 GBP | £0.9793 GBP |
100 IPT | £1.98 GBP | £1.98 GBP | £2.00 GBP | £1.96 GBP |
500 IPT | £9.88 GBP | £9.88 GBP | £9.98 GBP | £9.79 GBP |
1,000 IPT | £19.75 GBP | £19.77 GBP | £19.96 GBP | £19.59 GBP |
Frequently asked questions
Right now, 1 Interest Protocol is worth about £0.01975.
Based on the current rate, you could get 50.62 IPT for 1 GBP.
You can use our IPT to GBP calculator at the top of this page to convert any amount of IPT to GBP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GBP is equivalent to 253.11 IPT. Inversely, 5 IPT will cost about £0.09877
Interest Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Interest Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Interest Protocol, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Interest Protocol.
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Create a Coinbase account to buy and sell Interest Protocol on the most secure crypto exchange.
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