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About MPENDLE and ALGO
mPendle is falling, while Algorand is climbing this week. The current MPENDLE to ALGO conversion rate is 6.23. Inversely, this means that if you convert 1 ALGO you will get 0.1606 MPENDLE. The conversion rate of MPENDLE/ALGO has increased by 0.5% in the last hour (ALGO/MPENDLE decreased by 0.5%). In the last 24 hours, MPENDLE/ALGO shrunk by 2.13%, while ALGO/MPENDLE grew by the same amount.
The exchange rate of mPendle is decreasing. The current value of 1 MPENDLE is 6.23 ALGO. In other words, to buy 5 mPendle, it would cost you 31.13 ALGO. Inversely, 1 ALGO would allow you to trade for 0.1606 MPENDLE while 50 ALGO would convert to 8.03 MPENDLE, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.51%. Meanwhile, in the last 24 hours, the rate has changed by 2.24%, and that the highest exchange rate of 1 MPENDLE to ALGO was 6.40 ALGO and the lowest 24 hour value was 1 MPENDLE for 6.05 ALGO. Last month, 1 MPENDLE was worth 8.49 ALGO. Today, it's down 36.41%. Looking back a year, mPendle has changed by 9.36 ALGO. That means that in a single year, the value of mPendle has shrank by 50.43%.
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.
Algorand Market Stats
Algorand is a cryptocurrency and blockchain protocol that aims to be simultaneously scalable, secure, and decentralized. It uses a consensus algorithm called pure proof-of-stake.
Conversion tables
MPENDLE to ALGO values from Today at 10:32 pm
0.5 MPENDLE = 3.11 ALGO |
1 MPENDLE = 6.23 ALGO |
5 MPENDLE = 31.13 ALGO |
10 MPENDLE = 62.25 ALGO |
50 MPENDLE = 311.27 ALGO |
100 MPENDLE = 622.54 ALGO |
500 MPENDLE = 3,112.72 ALGO |
1,000 MPENDLE = 6,225.45 ALGO |
ALGO to MPENDLE values from Today at 10:21 pm
0.5 ALGO = 0.08032 MPENDLE |
1 ALGO = 0.1606 MPENDLE |
5 ALGO = 0.8032 MPENDLE |
10 ALGO = 1.61 MPENDLE |
50 ALGO = 8.03 MPENDLE |
100 ALGO = 16.06 MPENDLE |
500 ALGO = 80.32 MPENDLE |
1,000 ALGO = 160.63 MPENDLE |
MPENDLE to ALGO over time
MPENDLE | Today | 24H -2.24% | 1M -36.41% | 1Y -50.43% |
|---|---|---|---|---|
0.5 MPENDLE | 3.11 ALGO | 3.18 ALGO | 4.25 ALGO | 4.68 ALGO |
1 MPENDLE | 6.23 ALGO | 6.36 ALGO | 8.49 ALGO | 9.36 ALGO |
5 MPENDLE | 31.13 ALGO | 31.82 ALGO | 42.46 ALGO | 46.82 ALGO |
10 MPENDLE | 62.25 ALGO | 63.65 ALGO | 84.92 ALGO | 93.65 ALGO |
50 MPENDLE | 311.27 ALGO | 318.23 ALGO | 424.62 ALGO | 468.25 ALGO |
100 MPENDLE | 622.54 ALGO | 636.46 ALGO | 849.24 ALGO | 936.49 ALGO |
500 MPENDLE | 3,112.72 ALGO | 3,182.30 ALGO | 4,246.18 ALGO | 4,682.45 ALGO |
1,000 MPENDLE | 6,225.45 ALGO | 6,364.59 ALGO | 8,492.35 ALGO | 9,364.91 ALGO |
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