About RITE and OUSG
ritestream is climbing, while OUSG is falling this week. The current RITE to OUSG conversion rate is 0.000001507. Inversely, this means that if you convert 1 OUSG you will get 663,502.42 RITE. The conversion rate of RITE/OUSG has decreased by 0.01% in the last hour (OUSG/RITE increased by 0.01%). In the last 24 hours, RITE/OUSG grew by 6.25%, while OUSG/RITE shrunk by 5.88%.
The exchange rate of ritestream is increasing. The current value of 1 RITE is 0.000001507 OUSG. In other words, to buy 5 ritestream, it would cost you 0.000007536 OUSG. Inversely, 1 OUSG would allow you to trade for 663,502.42 RITE while 50 OUSG would convert to 33,175,120.83 RITE, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.02%. Meanwhile, in the last 24 hours, the rate has changed by 3.83%, and that the highest exchange rate of 1 RITE to OUSG was 0.000001556 OUSG and the lowest 24 hour value was 1 RITE for 0.000001452 OUSG. Last month, 1 RITE was worth 0.000001883 OUSG. Today, it's down 19.96%. Looking back a year, ritestream has changed by 0.00001296 OUSG. That means that in a single year, the value of ritestream has shrank by 88.37%.
ritestream Market Stats
ritestream is an eco-system platform for the creation, monetisation and consumption of film and TV content in Web3. ritestream’s vision is to democratise the creator economy and generate revenues in the metaverse and via NFT’s for creators and the community.Ritestream has 4 key pillars: i) a launchpad for film/TV content whereby community can participate in the creation of film/TV project and earn revenues from these NFT’s ii) A consumer app for watching film/tv content iii) An NFT Marketplace for Film/TV NFT’s and iv) A B2B film/tv distribution platform.
OUSG Market Stats
OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance. The significant majority of this portfolio is held in the iShares Short Treasury Bond ETF (NASDAQ: SHV). There is also a small portion of USDC and USD for liquidity purposes. OUSG brings exposure to the ‘risk-free’ US Treasury rate on-chain for the first time. OUSG is an investment option that delivers a stable and predictable return while offering deep liquidity. Ondo funds such as OUSG only ever invest into ETFs backed by secure, stable, and liquid securities; these are the same assets in which trillions of dollars are invested every day by the world's largest institutions. OUSG was developed alongside two other fund tokens, OSTB and OHYG, by Ondo Finance, a software development firm in DeFi. Ondo launched in August 2021. Its first product was Ondo Vaults, a structured finance protocol on Ethereum. Later that year, Ondo launched Liquidity-as-a-Service (LaaS), facilitating over $210M in total liquidity provided. As DeFi yields compressed in 2022, the Ondo team decided to sunset Vaults and LaaS (together, "Ondo V1") to focus on next-generation protocols. Ondo V2, including Ondo’s tokenized funds, were announced by Nathan Allman in January 2023. Ondo funds subsequently opened to subscriptions soon after. What can OUSG be Used For? For investors who pass KYC and AML screening and sign subscription documents, OUSG tokens represent ownership in the fund. Investors can transfer these tokens between each other to effect changes in fund ownership. Investors can also use smart contracts to facilitate their financial arrangements such as by engaging in lending and trading activities with each other. The tokens themselves have transfer restrictions that will ensure they do not end up in the hands of anyone not appropriately qualified as an investor in the fund.
Conversion tables
RITE to OUSG values from Today at 3:47 am
0.5 RITE = 0.0000007536 OUSG |
1 RITE = 0.000001507 OUSG |
5 RITE = 0.000007536 OUSG |
10 RITE = 0.00001507 OUSG |
50 RITE = 0.00007536 OUSG |
100 RITE = 0.0001507 OUSG |
500 RITE = 0.0007536 OUSG |
1,000 RITE = 0.001507 OUSG |
OUSG to RITE values from Today at 3:48 am
0.5 OUSG = 331,751.21 RITE |
1 OUSG = 663,502.42 RITE |
5 OUSG = 3,317,512.08 RITE |
10 OUSG = 6,635,024.17 RITE |
50 OUSG = 33,175,120.83 RITE |
100 OUSG = 66,350,241.66 RITE |
500 OUSG = 331,751,208.29 RITE |
1,000 OUSG = 663,502,416.58 RITE |
RITE to OUSG over time
RITE | Today | 24H 3.69% | 1M -24.93% | 1Y -759.80% |
|---|---|---|---|---|
0.5 RITE | 0.0000007536 OUSG | 0.0000007258 OUSG | 0.0000009414 OUSG | 0.000006479 OUSG |
1 RITE | 0.000001507 OUSG | 0.000001452 OUSG | 0.000001883 OUSG | 0.00001296 OUSG |
5 RITE | 0.000007536 OUSG | 0.000007258 OUSG | 0.000009414 OUSG | 0.00006479 OUSG |
10 RITE | 0.00001507 OUSG | 0.00001452 OUSG | 0.00001883 OUSG | 0.0001296 OUSG |
50 RITE | 0.00007536 OUSG | 0.00007258 OUSG | 0.00009414 OUSG | 0.0006479 OUSG |
100 RITE | 0.0001507 OUSG | 0.0001452 OUSG | 0.0001883 OUSG | 0.001296 OUSG |
500 RITE | 0.0007536 OUSG | 0.0007258 OUSG | 0.0009414 OUSG | 0.006479 OUSG |
1,000 RITE | 0.001507 OUSG | 0.001452 OUSG | 0.001883 OUSG | 0.01296 OUSG |
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