About DAI and SABLE
Dai is climbing, while Sable Finance is falling this week. The current DAI to SABLE conversion rate is 389.95. Inversely, this means that if you convert 1 SABLE you will get 0.002564 DAI. The conversion rate of DAI/SABLE has increased by 0% in the last hour (SABLE/DAI decreased by 0%). In the last 24 hours, DAI/SABLE grew by 0.01%, while SABLE/DAI shrunk by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 389.95 SABLE. In other words, to buy 5 Dai, it would cost you 1,949.76 SABLE. Inversely, 1 SABLE would allow you to trade for 0.002564 DAI while 50 SABLE would convert to 0.1282 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.44%. Meanwhile, in the last 24 hours, the rate has changed by 0.02%, and that the highest exchange rate of 1 DAI to SABLE was 389.99 SABLE and the lowest 24 hour value was 1 DAI for 389.57 SABLE. Last month, 1 DAI was worth 465.83 SABLE. Today, it's down 19.46%. Looking back a year, Dai has changed by 251.59 SABLE. That means that in a single year, the value of Dai has grown by 35.48%.
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.
Sable Finance Market Stats
What is the project about? Sable Finance is the #1 reformative primitive for ETH LSD-backed stablecoin on Arbitrum and BNB Chain. Our codebase enables capital efficiency and yield maximization for USDS users, whilst eliminating the liquidity cost of protocol emission to achieve frugal use of capital. What makes your project unique? Sable Finance is pioneering to give the first ever decentralized stablecoin, USDS, which accepts LSD as collateral on the BNB chain (and Arbitrum when v2 is launched). The design of our protocol is based on Liquity’s codebase, with innovative changes, such as a shared stability pool for liquidations, a multi-collateral design, governance token staking improvements and more. As the embodiment of stability and resilience, Sablecoin (USDS) emerges as the premier stablecoin free from interest rate, censorship, and custodianship. History of your project. It was first introduced to the BNB chain on March 21, marking the beginning of our journey. And our testnet went live on June 16, showcasing its potential and functionality. What’s next for your project? The beta version will be launched soon, offering essential functions of $USDS with BNB as the only accepted collateral. Users can mint the our stablecoin and enjoy features like collateral deposit, liquidation, and redemption. Following that, V2 will bring upgraded designs, higher yield optimization, and a user-friendly interface. V2 will be launched on Arbitrum and BNB Chain, using LSDfi as multi-collateral to meet market needs. What can your token be used for? $SABLE token captures system-generated borrowing and redemption fees through staking. Token holders provide liquidity to the SABLE/BNB pool on a DEX and stake LP tokens in our contract, earning LP trading fees along with borrowing and redemption fees. With the launch of v2, governance will be introduced, allowing $SABLE holders to vote on matters like collateral whitelisting, emissions direction, and parameter changes.
Conversion tables
DAI to SABLE values from Today at 10:30 pm
0.5 DAI = 194.98 SABLE |
1 DAI = 389.95 SABLE |
5 DAI = 1,949.76 SABLE |
10 DAI = 3,899.52 SABLE |
50 DAI = 19,497.62 SABLE |
100 DAI = 38,995.25 SABLE |
500 DAI = 194,976.24 SABLE |
1,000 DAI = 389,952.47 SABLE |
SABLE to DAI values from Today at 10:30 pm
0.5 SABLE = 0.001282 DAI |
1 SABLE = 0.002564 DAI |
5 SABLE = 0.01282 DAI |
10 SABLE = 0.02564 DAI |
50 SABLE = 0.1282 DAI |
100 SABLE = 0.2564 DAI |
500 SABLE = 1.28 DAI |
1,000 SABLE = 2.56 DAI |
DAI to SABLE over time
DAI | Today | 24H 0.02% | 1M -19.46% | 1Y 35.48% |
|---|---|---|---|---|
0.5 DAI | 194.98 SABLE | 194.94 SABLE | 232.92 SABLE | 125.79 SABLE |
1 DAI | 389.95 SABLE | 389.88 SABLE | 465.83 SABLE | 251.59 SABLE |
5 DAI | 1,949.76 SABLE | 1,949.40 SABLE | 2,329.15 SABLE | 1,257.93 SABLE |
10 DAI | 3,899.52 SABLE | 3,898.80 SABLE | 4,658.30 SABLE | 2,515.85 SABLE |
50 DAI | 19,497.62 SABLE | 19,494.00 SABLE | 23,291.51 SABLE | 12,579.26 SABLE |
100 DAI | 38,995.25 SABLE | 38,987.99 SABLE | 46,583.01 SABLE | 25,158.52 SABLE |
500 DAI | 194,976.24 SABLE | 194,939.97 SABLE | 232,915.07 SABLE | 125,792.62 SABLE |
1,000 DAI | 389,952.47 SABLE | 389,879.95 SABLE | 465,830.15 SABLE | 251,585.24 SABLE |
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