Convert Wrapped Bitcoin WBTC to mPendle MPENDLE
WBTC to MPENDLE: 1 Wrapped Bitcoin converts to 101,085.95 MPENDLE
About WBTC and MPENDLE
Wrapped Bitcoin is climbing, while mPendle is falling this week. The current WBTC to MPENDLE conversion rate is 101,085.95. Inversely, this means that if you convert 1 MPENDLE you will get 0.000009893 WBTC. The conversion rate of WBTC/MPENDLE has increased by 1.15% in the last hour (MPENDLE/WBTC decreased by 1.15%). In the last 24 hours, WBTC/MPENDLE grew by 16.86%, while MPENDLE/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 101,085.95 MPENDLE. In other words, to buy 5 Wrapped Bitcoin, it would cost you 505,429.75 MPENDLE. Inversely, 1 MPENDLE would allow you to trade for 0.000009893 WBTC while 50 MPENDLE would convert to 0.0004946 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 17.76%. Meanwhile, in the last 24 hours, the rate has changed by 14.59%, which means that the highest exchange rate of 1 WBTC to MPENDLE was 101,132.95 MPENDLE and the lowest 24 hour value was 1 WBTC for 86,052.60 MPENDLE. Last month, 1 WBTC was worth 144,758.52 MPENDLE. Today, it's down 43.2%. Looking back a year, Wrapped Bitcoin has changed by 47,585.64 MPENDLE. That means that in a single year, the value of Wrapped Bitcoin has grown by 52.93%.
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.
mPendle Market Stats
What is the project about? Penpie is a next-generation DeFi platform designed to provide Pendle Finance users with yield and veTokenomics boosting services. Integrated with Pendle Finance, Penpie focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within Pendle Finance. Penpie revolutionizes the way users can maximize returns on their investments and monetize their governance power. What makes your project unique? Penpie gives PENDLE holders the chance to earn high APR by converting their tokens into mPENDLE. By leveraging the power of Pendle Finance's veTokenomics model, Penpie offers users the opportunity to earn more PENDLE rewards with their PENDLE tokens. Penpie has created mPENDLE, a Penpie version of the PENDLE token, which allows users to earn a large share of PENDLE rewards while enjoying increased flexibility through Penpie. This mechanism gives PENDLE holders the chance to earn high APR% by converting their tokens into mPENDLE at a 1:1 ratio. History of your project. What’s next for your project? What can your token be used for? mPENDLE refers to "Magpie PENDLE", is a liquid version of vePENDLE that allows users to earn passive income on Penpie. PENDLE holders can convert tokens into mPENDLE on Penpie to earn boosted APR. Penpie takes all converted PENDLE tokens and locks them on Pendle Finance in order to acquire more vePENDLE. This, in turn, allows Penpie to provide boosted APR for its depositors. The process of permanently removing tokens from circulation is known as 'blackholing' and cannot be reversed. mPENDLE holders have the option to exchange their tokens for PENDLE on Wombat Exchange.
Conversion tables
WBTC to MPENDLE values from Today at 3:53 am
0.5 WBTC = 50,542.97 MPENDLE |
1 WBTC = 101,085.95 MPENDLE |
5 WBTC = 505,429.75 MPENDLE |
10 WBTC = 1,010,859.50 MPENDLE |
50 WBTC = 5,054,297.49 MPENDLE |
100 WBTC = 10,108,594.98 MPENDLE |
500 WBTC = 50,542,974.90 MPENDLE |
1,000 WBTC = 101,085,949.79 MPENDLE |
MPENDLE to WBTC values from Today at 3:55 am
0.5 MPENDLE = 0.000004946 WBTC |
1 MPENDLE = 0.000009893 WBTC |
5 MPENDLE = 0.00004946 WBTC |
10 MPENDLE = 0.00009893 WBTC |
50 MPENDLE = 0.0004946 WBTC |
100 MPENDLE = 0.0009893 WBTC |
500 MPENDLE = 0.004946 WBTC |
1,000 MPENDLE = 0.009893 WBTC |
WBTC to MPENDLE over time
WBTC | Today | 24H 14.59% | 1M -43.20% | 1Y 52.93% |
|---|---|---|---|---|
0.5 WBTC | 50,542.97 MPENDLE | 43,170.84 MPENDLE | 72,379.26 MPENDLE | 23,792.82 MPENDLE |
1 WBTC | 101,085.95 MPENDLE | 86,341.68 MPENDLE | 144,758.52 MPENDLE | 47,585.64 MPENDLE |
5 WBTC | 505,429.75 MPENDLE | 431,708.42 MPENDLE | 723,792.62 MPENDLE | 237,928.21 MPENDLE |
10 WBTC | 1,010,859.50 MPENDLE | 863,416.84 MPENDLE | 1,447,585.24 MPENDLE | 475,856.43 MPENDLE |
50 WBTC | 5,054,297.49 MPENDLE | 4,317,084.18 MPENDLE | 7,237,926.20 MPENDLE | 2,379,282.14 MPENDLE |
100 WBTC | 10,108,594.98 MPENDLE | 8,634,168.37 MPENDLE | 14,475,852.39 MPENDLE | 4,758,564.29 MPENDLE |
500 WBTC | 50,542,974.90 MPENDLE | 43,170,841.83 MPENDLE | 72,379,261.95 MPENDLE | 23,792,821.43 MPENDLE |
1,000 WBTC | 101,085,949.79 MPENDLE | 86,341,683.66 MPENDLE | 144,758,523.91 MPENDLE | 47,585,642.87 MPENDLE |
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