About GS and TRU
Genesis Shards is falling, while TrueFi is climbing this week. The current GS to TRU conversion rate is 0.1697. Inversely, this means that if you convert 1 TRU you will get 5.89 GS. The conversion rate of GS/TRU has decreased by 2.09% in the last hour (TRU/GS increased by 2.14%). In the last 24 hours, GS/TRU shrunk by 0.5%, while TRU/GS grew by 0.5%.
The exchange rate of Genesis Shards is decreasing. The current value of 1 GS is 0.1697 TRU. In other words, to buy 5 Genesis Shards, it would cost you 0.8484 TRU. Inversely, 1 TRU would allow you to trade for 5.89 GS while 50 TRU would convert to 294.69 GS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.17%. Meanwhile, in the last 24 hours, the rate has changed by 1.65%, which means that the highest exchange rate of 1 GS to TRU was 0.1834 TRU and the lowest 24 hour value was 1 GS for 0.1696 TRU. Last month, 1 GS was worth 0.2885 TRU. Today, it's down 41.18%. Looking back a year, Genesis Shards has changed by 0.3324 TRU. That means that in a single year, the value of Genesis Shards has shrank by 48.95%.
Genesis Shards Market Stats
Genesis Shards (GS) is a whole new marketplace for pre-IDO tokens on NFTs powered by Polkadot. GS was created to usher in a new paradigm for DeFi transforming NFTs into a liquidity vehicle for pre-IDO tokens, and to introduce a whole new suite of DeFi products across multiple blockchains. Most pre-IDO transactions are currently being executed in OTC. With this come the problems of a) illiquidity and also b) the big problem of highly inconsistent OTC trade practices for pre-IDO tokens. Trades are often conducted by two parties in an uncertain environment with a high risk of default. GS aims to 'NFT-y' the OTC market - transforming NFTs into a liquidity vehicle for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens. Also, investors will no longer have to worry about shady OTC deals with high default risk : they can simply utilize the safe, trustless pre-IDO liquidity provided by Genesis NFTs.
TrueFi Market Stats
TRU is an Ethereum token that powers TrueFi, a decentralized finance protocol for uncollateralized lending using on-chain credit scores. TRU can be used for staking (i.e. to approve or reject new loans) and governance on the TrueFi protocol.
Conversion tables
GS to TRU values from Today at 9:01 am
0.5 GS = 0.08484 TRU |
1 GS = 0.1697 TRU |
5 GS = 0.8484 TRU |
10 GS = 1.70 TRU |
50 GS = 8.48 TRU |
100 GS = 16.97 TRU |
500 GS = 84.84 TRU |
1,000 GS = 169.67 TRU |
TRU to GS values from Today at 9:01 am
0.5 TRU = 2.95 GS |
1 TRU = 5.89 GS |
5 TRU = 29.47 GS |
10 TRU = 58.94 GS |
50 TRU = 294.69 GS |
100 TRU = 589.37 GS |
500 TRU = 2,946.87 GS |
1,000 TRU = 5,893.75 GS |
GS to TRU over time
GS | Today | 24H -1.68% | 1M -70.02% | 1Y -95.90% |
|---|---|---|---|---|
0.5 GS | 0.08484 TRU | 0.08626 TRU | 0.1442 TRU | 0.1662 TRU |
1 GS | 0.1697 TRU | 0.1725 TRU | 0.2885 TRU | 0.3324 TRU |
5 GS | 0.8484 TRU | 0.8626 TRU | 1.44 TRU | 1.66 TRU |
10 GS | 1.70 TRU | 1.73 TRU | 2.88 TRU | 3.32 TRU |
50 GS | 8.48 TRU | 8.63 TRU | 14.42 TRU | 16.62 TRU |
100 GS | 16.97 TRU | 17.25 TRU | 28.85 TRU | 33.24 TRU |
500 GS | 84.84 TRU | 86.26 TRU | 144.23 TRU | 166.19 TRU |
1,000 GS | 169.67 TRU | 172.52 TRU | 288.47 TRU | 332.38 TRU |
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