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About VDOT and NOM
Voucher DOT is climbing, while Nomina is falling this week. The current VDOT to NOM conversion rate is 1,081.56. Inversely, this means that if you convert 1 NOM you will get 0.0009246 VDOT. The conversion rate of VDOT/NOM has increased by 0.31% in the last hour (NOM/VDOT decreased by 0.31%). In the last 24 hours, VDOT/NOM grew by 0.79%, while NOM/VDOT shrunk by 0.78%.
The exchange rate of Voucher DOT is increasing. The current value of 1 VDOT is 1,081.56 NOM. In other words, to buy 5 Voucher DOT, it would cost you 5,407.82 NOM. Inversely, 1 NOM would allow you to trade for 0.0009246 VDOT while 50 NOM would convert to 0.04623 VDOT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 18.58%. Meanwhile, in the last 24 hours, the rate has changed by 0.65%, which means that the highest exchange rate of 1 VDOT to NOM was 1,089.41 NOM and the lowest 24 hour value was 1 VDOT for 1,038.36 NOM. Last month, 1 VDOT was worth 1,150.05 NOM. Today, it's down 5.95%. Looking back a year, Voucher DOT has changed by 325.57 NOM. That means that in a single year, the value of Voucher DOT has grown by 232.21%.
Voucher DOT Market Stats
vDOT (voucher DOT) is a liquid staking derivative (LSD) of staked DOT, with fully underlying DOT reserve and yield-bearing feature of DOT staking reward. Users can deposit DOT into Bifrost SLP protocol and get vDOT as return, vDOT can be traded in the open market or be redeemed back to DOT. Holding vDOT equals to holding the DOT staking position, staking rewards appriciate the exchange price of vDOT. Why vDOT? 1. Liquid Staking The product allows users to stake DOT for liquid vToken, (vDOT). vDOT will keep receiving staking rewards and can continue to be used in Bifrost and Polkadot-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vDOT by adjusting the price of vDOT / DOT upwards. vDOT Rate = SLP Staking DOT (SUM) / vDOT Total Issuance. 3. Floating redemption period, vDOT redemption ≤ 28 days While Polkadot’s original chain Staking has a fixed 28-day redemption period, Bifrost SLP helps users to realize the possibility of early vDOT redemption by matching the real-time vDOT minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption. 4. Higher Staking Yield In the SLP protocol, the protocol screens more than 10 verified nodes through governance (subsequently increasing with the overall staking volume) and adds multiple filters such as the number of nominees, commission ratio, and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes. 5. Multi-environment Compatibility vDOT is one of Substrate assets in Bifrost parachain, by using the HRMP channels between Bifrost and others, it can be easily utilized in EVM, WASM and Substarte competiable parachains.
Nomina Market Stats
NOM is the token associated with the Nomina platform (formerly known as Omni), which is a unified trading platform for on-chain markets.
Conversion tables
VDOT to NOM values from Today at 12:34 pm
0.5 VDOT = 540.78 NOM |
1 VDOT = 1,081.56 NOM |
5 VDOT = 5,407.82 NOM |
10 VDOT = 10,815.65 NOM |
50 VDOT = 54,078.25 NOM |
100 VDOT = 108,156.50 NOM |
500 VDOT = 540,782.49 NOM |
1,000 VDOT = 1,081,564.99 NOM |
NOM to VDOT values from Today at 12:32 pm
0.5 NOM = 0.0004623 VDOT |
1 NOM = 0.0009246 VDOT |
5 NOM = 0.004623 VDOT |
10 NOM = 0.009246 VDOT |
50 NOM = 0.04623 VDOT |
100 NOM = 0.09246 VDOT |
500 NOM = 0.4623 VDOT |
1,000 NOM = 0.9246 VDOT |
VDOT to NOM over time
VDOT | Today | 24H 0.64% | 1M -6.33% | 1Y 69.90% |
|---|---|---|---|---|
0.5 VDOT | 540.78 NOM | 537.30 NOM | 575.02 NOM | 162.78 NOM |
1 VDOT | 1,081.56 NOM | 1,074.59 NOM | 1,150.05 NOM | 325.57 NOM |
5 VDOT | 5,407.82 NOM | 5,372.96 NOM | 5,750.23 NOM | 1,627.84 NOM |
10 VDOT | 10,815.65 NOM | 10,745.92 NOM | 11,500.46 NOM | 3,255.69 NOM |
50 VDOT | 54,078.25 NOM | 53,729.59 NOM | 57,502.29 NOM | 16,278.45 NOM |
100 VDOT | 108,156.50 NOM | 107,459.17 NOM | 115,004.59 NOM | 32,556.89 NOM |
500 VDOT | 540,782.49 NOM | 537,295.85 NOM | 575,022.93 NOM | 162,784.46 NOM |
1,000 VDOT | 1,081,564.99 NOM | 1,074,591.71 NOM | 1,150,045.86 NOM | 325,568.91 NOM |
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