Convert Liquid Staking Derivatives LSD to Wrapped Bitcoin WBTC
LSD to WBTC: 1 Liquid Staking Derivatives converts to 0.00000008164 WBTC
About LSD and WBTC
Liquid Staking Derivatives is falling, while Wrapped Bitcoin is climbing this week. The current LSD to WBTC conversion rate is 0.00000008164. Inversely, this means that if you convert 1 WBTC you will get 12,249,137.37 LSD. The conversion rate of LSD/WBTC has increased by 0.02% in the last hour (WBTC/LSD decreased by 0.02%). In the last 24 hours, LSD/WBTC shrunk by 4.47%, while WBTC/LSD grew by 4.68%.
The exchange rate of Liquid Staking Derivatives is decreasing. The current value of 1 LSD is 0.00000008164 WBTC. In other words, to buy 5 Liquid Staking Derivatives, it would cost you 0.00000040819 WBTC. Inversely, 1 WBTC would allow you to trade for 12,249,137.37 LSD while 50 WBTC would convert to 612,456,868.46 LSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.44%. Meanwhile, in the last 24 hours, the rate has changed by 4.46%, which means that the highest exchange rate of 1 LSD to WBTC was 0.00000008659 WBTC and the lowest 24 hour value was 1 LSD for 0.0000000813 WBTC. Last month, 1 LSD was worth 0.00000007547 WBTC. Today, it's up 8.18%. Looking back a year, Liquid Staking Derivatives has changed by 0.00000008904 WBTC. That means that in a single year, the value of Liquid Staking Derivatives has shrank by 8.32%.
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.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
LSD to WBTC values from Today at 1:19 am
0.5 LSD = 0.00000004082 WBTC |
1 LSD = 0.00000008164 WBTC |
5 LSD = 0.0000004082 WBTC |
10 LSD = 0.0000008164 WBTC |
50 LSD = 0.000004082 WBTC |
100 LSD = 0.000008164 WBTC |
500 LSD = 0.00004082 WBTC |
1,000 LSD = 0.00008164 WBTC |
WBTC to LSD values from Today at 1:18 am
0.5 WBTC = 6,124,568.68 LSD |
1 WBTC = 12,249,137.37 LSD |
5 WBTC = 61,245,686.85 LSD |
10 WBTC = 122,491,373.69 LSD |
50 WBTC = 612,456,868.46 LSD |
100 WBTC = 1,224,913,736.92 LSD |
500 WBTC = 6,124,568,684.59 LSD |
1,000 WBTC = 12,249,137,369.18 LSD |
LSD to WBTC over time
LSD | Today | 24H -4.67% | 1M 7.56% | 1Y -9.07% |
|---|---|---|---|---|
0.5 LSD | 0.00000004082 WBTC | 0.00000004273 WBTC | 0.00000003773 WBTC | 0.00000004452 WBTC |
1 LSD | 0.00000008164 WBTC | 0.00000008545 WBTC | 0.00000007547 WBTC | 0.00000008904 WBTC |
5 LSD | 0.0000004082 WBTC | 0.0000004273 WBTC | 0.0000003773 WBTC | 0.0000004452 WBTC |
10 LSD | 0.0000008164 WBTC | 0.0000008545 WBTC | 0.0000007547 WBTC | 0.0000008904 WBTC |
50 LSD | 0.000004082 WBTC | 0.000004273 WBTC | 0.000003773 WBTC | 0.000004452 WBTC |
100 LSD | 0.000008164 WBTC | 0.000008545 WBTC | 0.000007547 WBTC | 0.000008904 WBTC |
500 LSD | 0.00004082 WBTC | 0.00004273 WBTC | 0.00003773 WBTC | 0.00004452 WBTC |
1,000 LSD | 0.00008164 WBTC | 0.00008545 WBTC | 0.00007547 WBTC | 0.00008904 WBTC |
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