Convert Interest Protocol IPT to Mexican Peso MXN
IPT to MXN: 1 Interest Protocol converts to MX$0.00 MXN
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About Interest Protocol
Interest Protocol is falling this week. The current price of Interest Protocol is MX$0.00 per IPT. With a circulating supply of 0 IPT, it means that Interest Protocol has a total market cap of MX$0.00. The amount of Interest Protocol traded has fallen by MX$0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, MX$0.00 worth of IPT has been traded.
The exchange rate of Interest Protocol is increasing. The current value of 1 IPT is MX$0.00 MXN. In other words, to buy 5 Interest Protocol, it would cost you MX$0.00 MXN. Inversely, MX$1.00 MXN would allow you to trade for ∞ IPT while MX$50.00 MXN would convert to ∞ IPT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 IPT to MXN was MX$0.4565 MXN and the lowest 24 hour value was 1 IPT for MX$0.4556 MXN. Last month, 1 IPT was worth MX$0.4549 MXN. Today, it's up 0%. Looking back a year, Interest Protocol has changed by MX$0.509 MXN. That means that in a single year, the value of Interest Protocol has grown by 0%.
Interest Protocol Market Stats
## What Is Interest Protocol? Launched on June 13th, 2022, Interest Protocol (IP) is the first fractional reserve banking protocol on the Ethereum blockchain that pays interest to all depositors. USDi is an over-collateralized stablecoin issued by Interest Protocol. IPT is the governance token of Interest Protocol. Users can mint 1 USDi by depositing 1 USDC into the protocol, and anyone can receive 1 USDC from the protocol by burning 1 USDi that they hold. In addition, users can deposit assets into a multi-collateral vault and borrow USDi against that collateral. Regardless of how they obtained USDi, all USDi holders automatically earn yield without having to spend gas to stake. Given the same amount of capital, Interest Protocol can generate more loans with less liquidity risk than existing lending protocols without fractional reserves. Interest Protocol automatically manages its reserve ratio—USDC in the protocol’s reserve over the total supply of USDi—by employing a variable interest rate system. As the reserve ratio decreases, the borrow and deposit rates of USDi increase, and vice versa. ## How Many IPT Tokens Are There in Circulation? At launch, there will be 100 million IPT tokens in existence. 20% of this will be unissued and held in the protocol treasury. Through governance proposals, IPT holders can collectively decide to mint additional IPT tokens. ## Who Built Interest Protocol? Interest Protocol was developed by GFX Labs. GFX Labs started in 2021 with the goal of building web 3 applications that facilitate ownership and improve usability. ### Where Can I Buy IPT? IPT can be purchased by participating in the [IPT sale](
Conversion tables
IPT to MXN values from Today at
0.5 IPT = MX$0.00 MXN |
1 IPT = MX$0.00 MXN |
5 IPT = MX$0.00 MXN |
10 IPT = MX$0.00 MXN |
50 IPT = MX$0.00 MXN |
100 IPT = MX$0.00 MXN |
500 IPT = MX$0.00 MXN |
1,000 IPT = MX$0.00 MXN |
MXN to IPT values from Today at
MX$0.50 MXN = ∞ IPT |
MX$1.00 MXN = ∞ IPT |
MX$5.00 MXN = ∞ IPT |
MX$10.00 MXN = ∞ IPT |
MX$50.00 MXN = ∞ IPT |
MX$100.00 MXN = ∞ IPT |
MX$500.00 MXN = ∞ IPT |
MX$1,000.00 MXN = ∞ IPT |
IPT to MXN over time
IPT | Today | 24H -45.60% | 1M -45.49% | 1Y -50.90% |
|---|---|---|---|---|
0.5 IPT | MX$0.00 MXN | MX$0.228 MXN | MX$0.2275 MXN | MX$0.2545 MXN |
1 IPT | MX$0.00 MXN | MX$0.456 MXN | MX$0.4549 MXN | MX$0.509 MXN |
5 IPT | MX$0.00 MXN | MX$2.28 MXN | MX$2.27 MXN | MX$2.55 MXN |
10 IPT | MX$0.00 MXN | MX$4.56 MXN | MX$4.55 MXN | MX$5.09 MXN |
50 IPT | MX$0.00 MXN | MX$22.80 MXN | MX$22.75 MXN | MX$25.45 MXN |
100 IPT | MX$0.00 MXN | MX$45.60 MXN | MX$45.49 MXN | MX$50.90 MXN |
500 IPT | MX$0.00 MXN | MX$228.00 MXN | MX$227.47 MXN | MX$254.51 MXN |
1,000 IPT | MX$0.00 MXN | MX$456.00 MXN | MX$454.93 MXN | MX$509.03 MXN |
Frequently asked questions
Right now, we do not have enough price data to estimate how much 1 Interest Protocol is in MXN. Check back again soon.
Interest Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Interest Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Interest Protocol, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Interest Protocol.
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