About DEO and DAI
Demeter is falling, while Dai is climbing this week. The current DEO to DAI conversion rate is 0.002596. Inversely, this means that if you convert 1 DAI you will get 385.15 DEO. The conversion rate of DEO/DAI has decreased by 0.04% in the last hour (DAI/DEO increased by 0.04%). In the last 24 hours, DEO/DAI shrunk by 0.03%, while DAI/DEO grew by the same amount.
The exchange rate of Demeter is decreasing. The current value of 1 DEO is 0.002596 DAI. In other words, to buy 5 Demeter, it would cost you 0.012982 DAI. Inversely, 1 DAI would allow you to trade for 385.15 DEO while 50 DAI would convert to 19,257.68 DEO, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.06%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, and that the highest exchange rate of 1 DEO to DAI was 0.002599 DAI and the lowest 24 hour value was 1 DEO for 0.002594 DAI. Last month, 1 DEO was worth 0.002597 DAI. Today, it's down 0.02%. Looking back a year, Demeter has changed by 0.0009393 DAI. That means that in a single year, the value of Demeter has grown by 63.82%.
Demeter Market Stats
Ceres is the first project to build on the SORA network. They specialize in developing DeFi services and utilities for projects on the SORA network and tokens on Polkaswap. There are also three airdrop tokens for Ceres holders: Demeter, Hermes and Apollo. Each of the tokens will have its own platform with different purposes. Fees from those platforms will be used for burning and other ecosystem uses. Demeter (DEO) is the first airdrop token with its platform called Demeter Farming Platform. Users are able to farm in multiple pools with the same LPs. Furthermore, all liquidity providers in Demeter Farming pools will get PSWAP rewards the same as before because they will not give their liquidity to the platform as is the case with smart contracts on ERC-20, BSC, and other networks. The Demeter Farming platform is not only beneficial to users who seek to put the tokens they are hodling to work. This platform provides Farming-as-a-Service feature which other projects can use to create farming for their tokens without coding. Demeter (DEO) token will have the first Play-to-Earn game on SORA - DEO Arena in which users will use DEO token for playing the game.
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
DEO to DAI values from Today at 3:30 pm
0.5 DEO = 0.001298 DAI |
1 DEO = 0.002596 DAI |
5 DEO = 0.01298 DAI |
10 DEO = 0.02596 DAI |
50 DEO = 0.1298 DAI |
100 DEO = 0.2596 DAI |
500 DEO = 1.30 DAI |
1,000 DEO = 2.60 DAI |
DAI to DEO values from Today at 3:28 pm
0.5 DAI = 192.58 DEO |
1 DAI = 385.15 DEO |
5 DAI = 1,925.77 DEO |
10 DAI = 3,851.54 DEO |
50 DAI = 19,257.68 DEO |
100 DAI = 38,515.36 DEO |
500 DAI = 192,576.81 DEO |
1,000 DAI = 385,153.63 DEO |
DEO to DAI over time
DEO | Today | 24H -0.03% | 1M -0.02% | 1Y 63.82% |
|---|---|---|---|---|
0.5 DEO | 0.001298 DAI | 0.001299 DAI | 0.001298 DAI | 0.0004697 DAI |
1 DEO | 0.002596 DAI | 0.002597 DAI | 0.002597 DAI | 0.0009393 DAI |
5 DEO | 0.01298 DAI | 0.01299 DAI | 0.01298 DAI | 0.004697 DAI |
10 DEO | 0.02596 DAI | 0.02597 DAI | 0.02597 DAI | 0.009393 DAI |
50 DEO | 0.1298 DAI | 0.1299 DAI | 0.1298 DAI | 0.04697 DAI |
100 DEO | 0.2596 DAI | 0.2597 DAI | 0.2597 DAI | 0.09393 DAI |
500 DEO | 1.30 DAI | 1.30 DAI | 1.30 DAI | 0.4697 DAI |
1,000 DEO | 2.60 DAI | 2.60 DAI | 2.60 DAI | 0.9393 DAI |
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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.




