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About RAY and VDOT
Raydium is climbing, while Voucher DOT is falling this week. The current RAY to VDOT conversion rate is 1.06. Inversely, this means that if you convert 1 VDOT you will get 0.9394 RAY. The conversion rate of RAY/VDOT has increased by 0.59% in the last hour (VDOT/RAY decreased by 0.59%). In the last 24 hours, RAY/VDOT grew by 9.74%, while VDOT/RAY shrunk by the same amount.
The exchange rate of Raydium is increasing. The current value of 1 RAY is 1.06 VDOT. In other words, to buy 5 Raydium, it would cost you 5.32 VDOT. Inversely, 1 VDOT would allow you to trade for 0.9394 RAY while 50 VDOT would convert to 46.97 RAY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.83%. Meanwhile, in the last 24 hours, the rate has changed by 8.8%, which means that the highest exchange rate of 1 RAY to VDOT was 1.08 VDOT and the lowest 24 hour value was 1 RAY for 0.9685 VDOT. Last month, 1 RAY was worth 0.5693 VDOT. Today, it's up 46.52%. Looking back a year, Raydium has changed by 0.4665 VDOT. That means that in a single year, the value of Raydium has grown by 56.17%.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
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.
Conversion tables
RAY to VDOT values from Today at 8:27 pm
0.5 RAY = 0.5322 VDOT |
1 RAY = 1.06 VDOT |
5 RAY = 5.32 VDOT |
10 RAY = 10.64 VDOT |
50 RAY = 53.22 VDOT |
100 RAY = 106.45 VDOT |
500 RAY = 532.25 VDOT |
1,000 RAY = 1,064.50 VDOT |
VDOT to RAY values from Today at 8:27 pm
0.5 VDOT = 0.4697 RAY |
1 VDOT = 0.9394 RAY |
5 VDOT = 4.70 RAY |
10 VDOT = 9.39 RAY |
50 VDOT = 46.97 RAY |
100 VDOT = 93.94 RAY |
500 VDOT = 469.71 RAY |
1,000 VDOT = 939.41 RAY |
RAY to VDOT over time
RAY | Today | 24H 8.80% | 1M 46.52% | 1Y 56.17% |
|---|---|---|---|---|
0.5 RAY | 0.5322 VDOT | 0.4854 VDOT | 0.2847 VDOT | 0.2333 VDOT |
1 RAY | 1.06 VDOT | 0.9708 VDOT | 0.5693 VDOT | 0.4665 VDOT |
5 RAY | 5.32 VDOT | 4.85 VDOT | 2.85 VDOT | 2.33 VDOT |
10 RAY | 10.64 VDOT | 9.71 VDOT | 5.69 VDOT | 4.67 VDOT |
50 RAY | 53.22 VDOT | 48.54 VDOT | 28.47 VDOT | 23.33 VDOT |
100 RAY | 106.45 VDOT | 97.08 VDOT | 56.93 VDOT | 46.65 VDOT |
500 RAY | 532.25 VDOT | 485.42 VDOT | 284.66 VDOT | 233.26 VDOT |
1,000 RAY | 1,064.50 VDOT | 970.84 VDOT | 569.33 VDOT | 466.52 VDOT |
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