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About OVN and NMR
Overnight is falling, while Numeraire is climbing this week. The current OVN to NMR conversion rate is 0.131. Inversely, this means that if you convert 1 NMR you will get 7.63 OVN. The conversion rate of OVN/NMR has increased by 0.31% in the last hour (NMR/OVN decreased by 0.31%). In the last 24 hours, OVN/NMR shrunk by 0%, while NMR/OVN grew by 0%.
The exchange rate of Overnight is decreasing. The current value of 1 OVN is 0.131 NMR. In other words, to buy 5 Overnight, it would cost you 0.6552 NMR. Inversely, 1 NMR would allow you to trade for 7.63 OVN while 50 NMR would convert to 381.57 OVN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.33%. Meanwhile, in the last 24 hours, the rate has changed by 0.25%, which means that the highest exchange rate of 1 OVN to NMR was 0.132 NMR and the lowest 24 hour value was 1 OVN for 0.128 NMR. Last month, 1 OVN was worth 0.08448 NMR. Today, it's up 55.11%. Looking back a year, Overnight has changed by 0.06441 NMR. That means that in a single year, the value of Overnight has grown by 103.43%.
Overnight Market Stats
At the core of Overnight is the concept of stablecoin-based DeFi. The platform introduces stablecoins like USD+, DAI+, and USDT+ that are designed to maintain a stable value relative to their underlying assets. These stablecoins serve as foundational building blocks for users to access various opportunities within the DeFi landscape. Overnight.fi is a protocol focusing on asset management, with a specialization in neutral-risk strategies. At the heart of its product line is USD+, which is a yield-driven stablecoin, fully backed by collateral. This collateral for USD+ is rooted in DeFi strategies that generate returns. These strategies encompass lending to platforms like Aave, and include both stablecoin-to-stablecoin and neutral-risk strategies. The goal of issuing OVN is twofold: Promote and popularize USD+, which is achieved with using OVN for bribes; Establish a robust & decentralized risk monitoring and management processes at the protocol level. OVN token will provide standard voting rights which will be key to realizing the vision of decentralized risk-management. OVN token should help align community incentives with this goal: to reward for supporting conservative risk decisions, and for vetoing aggressive ones.
Numeraire Market Stats
Numeraire is an Ethereum token that powers Numerai, a San Francisco-based hedge fund that crowdsources artificial intelligence to make investments in major stock markets around the world. Numeraire (NMR) holders can stake their NMR tokens every week on specific predictions. Successful predictions are rewarded with more NMR.
Conversion tables
OVN to NMR values from Today at 6:42 pm
0.5 OVN = 0.06552 NMR |
1 OVN = 0.131 NMR |
5 OVN = 0.6552 NMR |
10 OVN = 1.31 NMR |
50 OVN = 6.55 NMR |
100 OVN = 13.10 NMR |
500 OVN = 65.52 NMR |
1,000 OVN = 131.04 NMR |
NMR to OVN values from Today at 6:43 pm
0.5 NMR = 3.82 OVN |
1 NMR = 7.63 OVN |
5 NMR = 38.16 OVN |
10 NMR = 76.31 OVN |
50 NMR = 381.57 OVN |
100 NMR = 763.14 OVN |
500 NMR = 3,815.71 OVN |
1,000 NMR = 7,631.41 OVN |
OVN to NMR over time
OVN | Today | 24H -0.25% | 1M 35.53% | 1Y 50.84% |
|---|---|---|---|---|
0.5 OVN | 0.06552 NMR | 0.06568 NMR | 0.04224 NMR | 0.03221 NMR |
1 OVN | 0.131 NMR | 0.1314 NMR | 0.08448 NMR | 0.06441 NMR |
5 OVN | 0.6552 NMR | 0.6568 NMR | 0.4224 NMR | 0.3221 NMR |
10 OVN | 1.31 NMR | 1.31 NMR | 0.8448 NMR | 0.6441 NMR |
50 OVN | 6.55 NMR | 6.57 NMR | 4.22 NMR | 3.22 NMR |
100 OVN | 13.10 NMR | 13.14 NMR | 8.45 NMR | 6.44 NMR |
500 OVN | 65.52 NMR | 65.68 NMR | 42.24 NMR | 32.21 NMR |
1,000 OVN | 131.04 NMR | 131.37 NMR | 84.48 NMR | 64.41 NMR |
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