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About LAYER and VDOT
Solayer is falling, while Voucher DOT is climbing this week. The current LAYER to VDOT conversion rate is 0.04229. Inversely, this means that if you convert 1 VDOT you will get 23.65 LAYER. The conversion rate of LAYER/VDOT has decreased by 4.05% in the last hour (VDOT/LAYER increased by 4.05%). In the last 24 hours, LAYER/VDOT shrunk by 9.71%, while VDOT/LAYER grew by the same amount.
The exchange rate of Solayer is decreasing. The current value of 1 LAYER is 0.04229 VDOT. In other words, to buy 5 Solayer, it would cost you 0.21146 VDOT. Inversely, 1 VDOT would allow you to trade for 23.65 LAYER while 50 VDOT would convert to 1,182.27 LAYER, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 16.14%. Meanwhile, in the last 24 hours, the rate has changed by 10.21%, and that the highest exchange rate of 1 LAYER to VDOT was 0.05671 VDOT and the lowest 24 hour value was 1 LAYER for 0.04257 VDOT. Last month, 1 LAYER was worth 0.0447 VDOT. Today, it's down 5.69%. Looking back a year, Solayer has changed by 0.08527 VDOT. That means that in a single year, the value of Solayer has shrank by 101.63%.
Solayer Market Stats
LAYER is the token associated with Solayer, a hardware-accelerated layer 2 blockchain platform built primarily on Solana, designed to significantly enhance the scalability, speed, and efficiency of decentralized applications (dApps).
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
LAYER to VDOT values from Today at 1:47 pm
0.5 LAYER = 0.02115 VDOT |
1 LAYER = 0.04229 VDOT |
5 LAYER = 0.2115 VDOT |
10 LAYER = 0.4229 VDOT |
50 LAYER = 2.11 VDOT |
100 LAYER = 4.23 VDOT |
500 LAYER = 21.15 VDOT |
1,000 LAYER = 42.29 VDOT |
VDOT to LAYER values from Today at 1:57 pm
0.5 VDOT = 11.82 LAYER |
1 VDOT = 23.65 LAYER |
5 VDOT = 118.23 LAYER |
10 VDOT = 236.45 LAYER |
50 VDOT = 1,182.27 LAYER |
100 VDOT = 2,364.54 LAYER |
500 VDOT = 11,822.70 LAYER |
1,000 VDOT = 23,645.39 LAYER |
LAYER to VDOT over time
LAYER | Today | 24H -10.21% | 1M -5.69% | 1Y -101.63% |
|---|---|---|---|---|
0.5 LAYER | 0.02115 VDOT | 0.0233 VDOT | 0.02235 VDOT | 0.04264 VDOT |
1 LAYER | 0.04229 VDOT | 0.04661 VDOT | 0.0447 VDOT | 0.08527 VDOT |
5 LAYER | 0.2115 VDOT | 0.233 VDOT | 0.2235 VDOT | 0.4264 VDOT |
10 LAYER | 0.4229 VDOT | 0.4661 VDOT | 0.447 VDOT | 0.8527 VDOT |
50 LAYER | 2.11 VDOT | 2.33 VDOT | 2.23 VDOT | 4.26 VDOT |
100 LAYER | 4.23 VDOT | 4.66 VDOT | 4.47 VDOT | 8.53 VDOT |
500 LAYER | 21.15 VDOT | 23.30 VDOT | 22.35 VDOT | 42.64 VDOT |
1,000 LAYER | 42.29 VDOT | 46.61 VDOT | 44.70 VDOT | 85.27 VDOT |
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