About POINTS and SHEN
Points is falling, while Shen is climbing this week. The current POINTS to SHEN conversion rate is 0.001231. Inversely, this means that if you convert 1 SHEN you will get 812.56 POINTS. The conversion rate of POINTS/SHEN has increased by 0.09% in the last hour (SHEN/POINTS decreased by 0.09%). In the last 24 hours, POINTS/SHEN shrunk by 0.71%, while SHEN/POINTS grew by the same amount.
The exchange rate of Points is decreasing. The current value of 1 POINTS is 0.001231 SHEN. In other words, to buy 5 Points, it would cost you 0.006153 SHEN. Inversely, 1 SHEN would allow you to trade for 812.56 POINTS while 50 SHEN would convert to 40,628.09 POINTS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.12%. Meanwhile, in the last 24 hours, the rate has changed by 0.56%, which means that the highest exchange rate of 1 POINTS to SHEN was 0.001247 SHEN and the lowest 24 hour value was 1 POINTS for 0.001189 SHEN. Last month, 1 POINTS was worth 0.001239 SHEN. Today, it's down 0.65%. Looking back a year, Points has changed by 0.0003575 SHEN. That means that in a single year, the value of Points has grown by 70.95%.
Points Market Stats
Memecoin of this cycle, no website
Shen Market Stats
## What are Reserve Coins? In simple terms, Reserve Coins are digital tokens that maintain the algorithmic peg of stablecoins. By trading Reserve Coins, users can contribute to the stablecoin mechanism by providing the appropriate liquidity to maintain a sufficient peg ratio. By utilizing a reserve, base fees can be charged, collected, and pooled for transactions facilitated by the underlying stablecoin. Reserve Coin holders then get a share of this transaction pool as an incentive for their participation in maintaining the stablecoin peg ratio. Before the launch of Djed, we will be implementing a Reserve Coin that will serve this function of maintaining Djed’s peg and liquidity stability. We have provided some details on this below. ## What is Shen (SHEN)? Continuing with the ancient Egyptian theme, we picked Shen as the name for Djed’s Reserve Coin. The Shen is a symbol of both royalty and symmetry. It has a deep connection with infinity, eternity, protection, and completeness given its circularity. During our brainstorming sessions, we found this name to convey the characteristics and properties of Djed’s Reserve Coin appropriately. By buying and selling Shen, users are able to maintain Djed’s USD currency peg while earning a share of transaction fees in the reserve pool. Since the Reserve Coin is a tradable asset, holders can also profit from the short-mid term price fluctuations as an added incentive. We look forward to providing more information as we approach the official launch.
Conversion tables
POINTS to SHEN values from Today at 3:03 pm
0.5 POINTS = 0.0006153 SHEN |
1 POINTS = 0.001231 SHEN |
5 POINTS = 0.006153 SHEN |
10 POINTS = 0.01231 SHEN |
50 POINTS = 0.06153 SHEN |
100 POINTS = 0.1231 SHEN |
500 POINTS = 0.6153 SHEN |
1,000 POINTS = 1.23 SHEN |
SHEN to POINTS values from Today at 3:02 pm
0.5 SHEN = 406.28 POINTS |
1 SHEN = 812.56 POINTS |
5 SHEN = 4,062.81 POINTS |
10 SHEN = 8,125.62 POINTS |
50 SHEN = 40,628.09 POINTS |
100 SHEN = 81,256.18 POINTS |
500 SHEN = 406,280.88 POINTS |
1,000 SHEN = 812,561.77 POINTS |
POINTS to SHEN over time
POINTS | Today | 24H -0.56% | 1M -0.65% | 1Y 70.95% |
|---|---|---|---|---|
0.5 POINTS | 0.0006153 SHEN | 0.0006188 SHEN | 0.0006193 SHEN | 0.0001787 SHEN |
1 POINTS | 0.001231 SHEN | 0.001238 SHEN | 0.001239 SHEN | 0.0003575 SHEN |
5 POINTS | 0.006153 SHEN | 0.006188 SHEN | 0.006193 SHEN | 0.001787 SHEN |
10 POINTS | 0.01231 SHEN | 0.01238 SHEN | 0.01239 SHEN | 0.003575 SHEN |
50 POINTS | 0.06153 SHEN | 0.06188 SHEN | 0.06193 SHEN | 0.01787 SHEN |
100 POINTS | 0.1231 SHEN | 0.1238 SHEN | 0.1239 SHEN | 0.03575 SHEN |
500 POINTS | 0.6153 SHEN | 0.6188 SHEN | 0.6193 SHEN | 0.1787 SHEN |
1,000 POINTS | 1.23 SHEN | 1.24 SHEN | 1.24 SHEN | 0.3575 SHEN |
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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