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About SOL and VDOT
Solana is falling, while Voucher DOT is climbing this week. The current SOL to VDOT conversion rate is 59.62. Inversely, this means that if you convert 1 VDOT you will get 0.01677 SOL. The conversion rate of SOL/VDOT has decreased by 0.73% in the last hour (VDOT/SOL increased by 0.73%). In the last 24 hours, SOL/VDOT shrunk by 0.57%, while VDOT/SOL grew by 0.58%.
The exchange rate of Solana is increasing. The current value of 1 SOL is 59.62 VDOT. In other words, to buy 5 Solana, it would cost you 298.08 VDOT. Inversely, 1 VDOT would allow you to trade for 0.01677 SOL while 50 VDOT would convert to 0.8387 SOL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.69%. Meanwhile, in the last 24 hours, the rate has changed by 0.07%, and that the highest exchange rate of 1 SOL to VDOT was 60.40 VDOT and the lowest 24 hour value was 1 SOL for 59.37 VDOT. Last month, 1 SOL was worth 61.81 VDOT. Today, it's down 3.55%. Looking back a year, Solana has changed by 32.02 VDOT. That means that in a single year, the value of Solana has grown by 86.16%.
Solana Market Stats
Solana is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization.
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
SOL to VDOT values from Today at 11:28 am
0.5 SOL = 29.81 VDOT |
1 SOL = 59.62 VDOT |
5 SOL = 298.08 VDOT |
10 SOL = 596.17 VDOT |
50 SOL = 2,980.83 VDOT |
100 SOL = 5,961.66 VDOT |
500 SOL = 29,808.28 VDOT |
1,000 SOL = 59,616.56 VDOT |
VDOT to SOL values from Today at 11:28 am
0.5 VDOT = 0.008387 SOL |
1 VDOT = 0.01677 SOL |
5 VDOT = 0.08387 SOL |
10 VDOT = 0.1677 SOL |
50 VDOT = 0.8387 SOL |
100 VDOT = 1.68 SOL |
500 VDOT = 8.39 SOL |
1,000 VDOT = 16.77 SOL |
SOL to VDOT over time
SOL | Today | 24H 0.07% | 1M -3.68% | 1Y 46.28% |
|---|---|---|---|---|
0.5 SOL | 29.81 VDOT | 29.79 VDOT | 30.90 VDOT | 16.01 VDOT |
1 SOL | 59.62 VDOT | 59.57 VDOT | 61.81 VDOT | 32.02 VDOT |
5 SOL | 298.08 VDOT | 297.86 VDOT | 309.04 VDOT | 160.12 VDOT |
10 SOL | 596.17 VDOT | 595.72 VDOT | 618.09 VDOT | 320.24 VDOT |
50 SOL | 2,980.83 VDOT | 2,978.60 VDOT | 3,090.44 VDOT | 1,601.19 VDOT |
100 SOL | 5,961.66 VDOT | 5,957.20 VDOT | 6,180.87 VDOT | 3,202.37 VDOT |
500 SOL | 29,808.28 VDOT | 29,785.99 VDOT | 30,904.37 VDOT | 16,011.87 VDOT |
1,000 SOL | 59,616.56 VDOT | 59,571.98 VDOT | 61,808.74 VDOT | 32,023.75 VDOT |
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