About DRIP and DAI
Drip Network is falling, while Dai is climbing this week. The current DRIP to DAI conversion rate is 0.001382. Inversely, this means that if you convert 1 DAI you will get 723.49 DRIP. The conversion rate of DRIP/DAI has decreased by 0.2% in the last hour (DAI/DRIP increased by 0.2%). In the last 24 hours, DRIP/DAI shrunk by 1.8%, while DAI/DRIP grew by the same amount.
The exchange rate of Drip Network is decreasing. The current value of 1 DRIP is 0.001382 DAI. In other words, to buy 5 Drip Network, it would cost you 0.006911 DAI. Inversely, 1 DAI would allow you to trade for 723.49 DRIP while 50 DAI would convert to 36,174.44 DRIP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.5%. Meanwhile, in the last 24 hours, the rate has changed by 1.77%, and that the highest exchange rate of 1 DRIP to DAI was 0.001418 DAI and the lowest 24 hour value was 1 DRIP for 0.001376 DAI. Last month, 1 DRIP was worth 0.001416 DAI. Today, it's down 2.44%. Looking back a year, Drip Network has changed by 0.002373 DAI. That means that in a single year, the value of Drip Network has shrank by 71.66%.
Drip Network Market Stats
DRIP can be deposited into the Faucet Contract to provide a consistent 1% daily return (up to 365% of initial principal amount) for participation over time. Income comes from 10% taxes on exchanges and referrals. A reservoir is also available to provide wBNB rewards. DRIP is the only deflationary daily ROI token that pays stakers and referrers from a tax on transactions and not through inflation.
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
DRIP to DAI values from Today at 9:55 am
0.5 DRIP = 0.0006911 DAI |
1 DRIP = 0.001382 DAI |
5 DRIP = 0.006911 DAI |
10 DRIP = 0.01382 DAI |
50 DRIP = 0.06911 DAI |
100 DRIP = 0.1382 DAI |
500 DRIP = 0.6911 DAI |
1,000 DRIP = 1.38 DAI |
DAI to DRIP values from Today at 9:54 am
0.5 DAI = 361.74 DRIP |
1 DAI = 723.49 DRIP |
5 DAI = 3,617.44 DRIP |
10 DAI = 7,234.89 DRIP |
50 DAI = 36,174.44 DRIP |
100 DAI = 72,348.88 DRIP |
500 DAI = 361,744.41 DRIP |
1,000 DAI = 723,488.82 DRIP |
DRIP to DAI over time
DRIP | Today | 24H -1.77% | 1M -2.44% | 1Y -71.66% |
|---|---|---|---|---|
0.5 DRIP | 0.0006911 DAI | 0.0007033 DAI | 0.000708 DAI | 0.001186 DAI |
1 DRIP | 0.001382 DAI | 0.001407 DAI | 0.001416 DAI | 0.002373 DAI |
5 DRIP | 0.006911 DAI | 0.007033 DAI | 0.00708 DAI | 0.01186 DAI |
10 DRIP | 0.01382 DAI | 0.01407 DAI | 0.01416 DAI | 0.02373 DAI |
50 DRIP | 0.06911 DAI | 0.07033 DAI | 0.0708 DAI | 0.1186 DAI |
100 DRIP | 0.1382 DAI | 0.1407 DAI | 0.1416 DAI | 0.2373 DAI |
500 DRIP | 0.6911 DAI | 0.7033 DAI | 0.708 DAI | 1.19 DAI |
1,000 DRIP | 1.38 DAI | 1.41 DAI | 1.42 DAI | 2.37 DAI |
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