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About SYNC and XRP
SYNC Network is climbing, while XRP is falling this week. The current SYNC to XRP conversion rate is 0.00009419. Inversely, this means that if you convert 1 XRP you will get 10,616.43 SYNC. The conversion rate of SYNC/XRP has increased by 0.18% in the last hour (XRP/SYNC decreased by 0.18%). In the last 24 hours, SYNC/XRP grew by 0.02%, while XRP/SYNC shrunk by 0.02%.
The exchange rate of SYNC Network is decreasing. The current value of 1 SYNC is 0.00009419 XRP. In other words, to buy 5 SYNC Network, it would cost you 0.00047097 XRP. Inversely, 1 XRP would allow you to trade for 10,616.43 SYNC while 50 XRP would convert to 530,821.73 SYNC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.46%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, which means that the highest exchange rate of 1 SYNC to XRP was 0.00009464 XRP and the lowest 24 hour value was 1 SYNC for 0.00009286 XRP. Last month, 1 SYNC was worth 0.00009602 XRP. Today, it's down 1.91%. Looking back a year, SYNC Network has changed by 0.0004364 XRP. That means that in a single year, the value of SYNC Network has shrank by 78.42%.
SYNC Network Market Stats
Projects in the decentralized finance space started utilizing stake and proof-of-liquidity mechanics to develop a trustless economy but fundamental flaws have held these projects behind. The SYNC Network addresses these problems and offers a workable solution through tradeable stakes bonding Uniswap liquidity pairs with a fully trustless ERC-20 token (SYNC). SYNC enables users to earn interest by staking a cyptographic bond to Uniswap liquidity pair tokens (Crypto Bonds). Crypto Bonds are an NFT (ERC-721) token with collectible attributes, accruing interest rates, and the ability to separately trade and speculate on them within a secondary market. SYNC Network works to bring stability and risk mitigation to decentralized finance by solidifying a guarantee on holding liquidity pairs for an extended period of time. The Sync Network can help build a needed, stable foundation for the DeFi space and a fully functioning, more robust trustless economy. -- The SYNC Network is composed of two main contracts: the SYNC ERC-20 contract and the Crypto Bond ERC-721 contract. SYNC tokens have an undefined total supply with inflationary and deflationary attributes through the interactions with Crypto Bond investors. Despite being a long-term investment, Crypto Bonds do not share anything in common with traditional finance bonds. The name comes from the bonding of liquidity pairs and our own token. Crypto Bonds introduce proof of long-term position in DeFi liquidity pools, and will naturally strengthen the core of DeFi finance as a whole. They are a tradeable, long-term (90 days - 3 years) stake - bonding Uniswap liquidity-pair tokens together with SYNC. Deflation of the currency happens when Crypto Bonds are created, burning SYNC from the total supply. Using a Crypto Bond, an investor is able to lock liquidity-pair tokens with the corresponding dollar-to-dollar value in SYNC at some guaranteed interest rate of SYNC upon maturation. Dividend paying versions are also available. Therefore, this occurs in inflation, minting the principle plus interest. Crypto Bond Interest Rates SYNC balances itself through daily, self-correcting interest rates. Interest rates of bonds depends on three factors. 1. Total supply of sync in the market. 2. Duration of bond 3. Total bonded amount of that liquidity pair token Please see the full whitepaper and website for more information.
XRP Market Stats
XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. Built for enterprise use on a global scale, XRP powers cost-efficient cross-border payments.
Conversion tables
SYNC to XRP values from Today at 8:56 pm
0.5 SYNC = 0.0000471 XRP |
1 SYNC = 0.00009419 XRP |
5 SYNC = 0.000471 XRP |
10 SYNC = 0.0009419 XRP |
50 SYNC = 0.00471 XRP |
100 SYNC = 0.009419 XRP |
500 SYNC = 0.0471 XRP |
1,000 SYNC = 0.09419 XRP |
XRP to SYNC values from Today at 8:55 pm
0.5 XRP = 5,308.22 SYNC |
1 XRP = 10,616.43 SYNC |
5 XRP = 53,082.17 SYNC |
10 XRP = 106,164.35 SYNC |
50 XRP = 530,821.73 SYNC |
100 XRP = 1,061,643.46 SYNC |
500 XRP = 5,308,217.28 SYNC |
1,000 XRP = 10,616,434.57 SYNC |
SYNC to XRP over time
SYNC | Today | 24H -0.03% | 1M -1.94% | 1Y -363.31% |
|---|---|---|---|---|
0.5 SYNC | 0.0000471 XRP | 0.00004711 XRP | 0.00004801 XRP | 0.0002182 XRP |
1 SYNC | 0.00009419 XRP | 0.00009422 XRP | 0.00009602 XRP | 0.0004364 XRP |
5 SYNC | 0.000471 XRP | 0.0004711 XRP | 0.0004801 XRP | 0.002182 XRP |
10 SYNC | 0.0009419 XRP | 0.0009422 XRP | 0.0009602 XRP | 0.004364 XRP |
50 SYNC | 0.00471 XRP | 0.004711 XRP | 0.004801 XRP | 0.02182 XRP |
100 SYNC | 0.009419 XRP | 0.009422 XRP | 0.009602 XRP | 0.04364 XRP |
500 SYNC | 0.0471 XRP | 0.04711 XRP | 0.04801 XRP | 0.2182 XRP |
1,000 SYNC | 0.09419 XRP | 0.09422 XRP | 0.09602 XRP | 0.4364 XRP |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.
