Convert OUSG OUSG to Public Mint MINT
OUSG to MINT: 1 OUSG converts to 942,148.01 MINT
About OUSG and MINT
OUSG is climbing, while Public Mint is falling this week. The current OUSG to MINT conversion rate is 942,148.01. Inversely, this means that if you convert 1 MINT you will get 0.000001061 OUSG. The conversion rate of OUSG/MINT has decreased by 0% in the last hour (MINT/OUSG increased by 0%). In the last 24 hours, OUSG/MINT grew by 0.03%, while MINT/OUSG shrunk by the same amount.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 942,148.01 MINT. In other words, to buy 5 OUSG, it would cost you 4,710,740.05 MINT. Inversely, 1 MINT would allow you to trade for 0.000001061 OUSG while 50 MINT would convert to 0.00005307 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.48%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, and that the highest exchange rate of 1 OUSG to MINT was 942,148.01 MINT and the lowest 24 hour value was 1 OUSG for 941,872.59 MINT. Last month, 1 OUSG was worth 1,280,408.46 MINT. Today, it's down 35.9%. Looking back a year, OUSG has changed by 641,708.82 MINT. That means that in a single year, the value of OUSG has grown by 31.89%.
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.
Public Mint Market Stats
Conversion tables
OUSG to MINT values from Today at 11:39 am
0.5 OUSG = 471,074.01 MINT |
1 OUSG = 942,148.01 MINT |
5 OUSG = 4,710,740.05 MINT |
10 OUSG = 9,421,480.10 MINT |
50 OUSG = 47,107,400.50 MINT |
100 OUSG = 94,214,801.00 MINT |
500 OUSG = 471,074,005.02 MINT |
1,000 OUSG = 942,148,010.05 MINT |
MINT to OUSG values from Today at 11:39 am
0.5 MINT = 0.0000005307 OUSG |
1 MINT = 0.000001061 OUSG |
5 MINT = 0.000005307 OUSG |
10 MINT = 0.00001061 OUSG |
50 MINT = 0.00005307 OUSG |
100 MINT = 0.0001061 OUSG |
500 MINT = 0.0005307 OUSG |
1,000 MINT = 0.001061 OUSG |
OUSG to MINT over time
OUSG | Today | 24H 0.03% | 1M -35.90% | 1Y 31.89% |
|---|---|---|---|---|
0.5 OUSG | 471,074.01 MINT | 470,936.30 MINT | 640,204.23 MINT | 320,854.41 MINT |
1 OUSG | 942,148.01 MINT | 941,872.59 MINT | 1,280,408.46 MINT | 641,708.82 MINT |
5 OUSG | 4,710,740.05 MINT | 4,709,362.97 MINT | 6,402,042.31 MINT | 3,208,544.11 MINT |
10 OUSG | 9,421,480.10 MINT | 9,418,725.94 MINT | 12,804,084.61 MINT | 6,417,088.21 MINT |
50 OUSG | 47,107,400.50 MINT | 47,093,629.69 MINT | 64,020,423.07 MINT | 32,085,441.05 MINT |
100 OUSG | 94,214,801.00 MINT | 94,187,259.37 MINT | 128,040,846.14 MINT | 64,170,882.11 MINT |
500 OUSG | 471,074,005.02 MINT | 470,936,296.87 MINT | 640,204,230.72 MINT | 320,854,410.54 MINT |
1,000 OUSG | 942,148,010.05 MINT | 941,872,593.74 MINT | 1,280,408,461.43 MINT | 641,708,821.08 MINT |
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