Convert Voucher KSM VKSM to Nigerian Naira NGN
1 VKSM converts to NGN 8,555.45 NGN as of June 19 at 2:00 AM
About Voucher KSM
Voucher KSM is falling this week. The current price of Voucher KSM is NGN 8,555.45 per VKSM. With a circulating supply of 0 VKSM, it means that Voucher KSM has a total market cap of NGN 0.00. The amount of Voucher KSM traded has risen by NGN 7,029.49 in the last 24 hours, which is a 45.12% increase. Additionally, in the last day, NGN 15,579.40 worth of VKSM has been traded.
The exchange rate of Voucher KSM is decreasing. The current value of 1 VKSM is NGN 8,555.45 NGN. In other words, to buy 5 Voucher KSM, it would cost you NGN 42,777.27 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.0001169 VKSM while NGN 50.00 NGN would convert to 0.005844 VKSM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.29%. Meanwhile, in the last 24 hours, the rate has changed by 4.54%, and that the highest exchange rate of 1 VKSM to NGN was NGN 8,955.20 NGN and the lowest 24 hour value was 1 VKSM for NGN 8,405.37 NGN. Last month, 1 VKSM was worth NGN 11,878.16 NGN. Today, it's down 27.41%. Looking back a year, Voucher KSM has changed by NGN 35,753.46 NGN. That means that in a single year, the value of Voucher KSM has shrank by 72.74%.
Voucher KSM Market Stats
vKSM (voucher KSM) is a liquid staking derivative (LSD) of staked KSM, with fully underlying KSM reserve and yield-bearing feature of KSM staking reward. Users can deposit KSM into Bifrost SLP protocol and get vKSM as return, vKSM can be traded in the open market or be redeemed back to KSM. Holding vKSM equals to holding the KSM staking position, staking rewards appriciate the exchange price of vKSM. Why vKSM? 1. Liquid Staking The product allows users to stake KSM for liquid vToken, (vKSM). vKSM will keep receiving staking rewards and can continue to be used in Bifrost and Kusama-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vKSM by adjusting the price of vKSM / KSM upwards. vKSM Rate = SLP Staking KSM (SUM) / vKSM Total Issuance. 3. Floating redemption period, vKSM redemption ≤ 7 days While Kusama’s original chain Staking has a fixed 7-day redemption period, Bifrost SLP helps users to realize the possibility of early vKSM redemption by matching the real-time vKSM minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption. 4. Higher Staking Yield In the SLP protocol, the protocol screens more than 10 verified nodes through governance (subsequently increasing with the overall staking volume) and adds multiple filters such as the number of nominees, commission ratio, and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes. 5. Multi-environment Compatibility vKSM is one of Substrate assets in Bifrost parachain, by using the HRMP channels between Bifrost and others, it can be easily utilized in EVM, WASM and Substarte competiable parachains.
Conversion tables
VKSM to NGN values from Today at 2:00 am
0.5 VKSM = NGN 4,277.73 NGN |
1 VKSM = NGN 8,555.45 NGN |
5 VKSM = NGN 42,777.27 NGN |
10 VKSM = NGN 85,554.53 NGN |
50 VKSM = NGN 427,772.66 NGN |
100 VKSM = NGN 855,545.32 NGN |
500 VKSM = NGN 4,277,726.62 NGN |
1,000 VKSM = NGN 8,555,453.24 NGN |
NGN to VKSM values from Today at
NGN 0.50 NGN = 0.00005844 VKSM |
NGN 1.00 NGN = 0.0001169 VKSM |
NGN 5.00 NGN = 0.0005844 VKSM |
NGN 10.00 NGN = 0.001169 VKSM |
NGN 50.00 NGN = 0.005844 VKSM |
NGN 100.00 NGN = 0.01169 VKSM |
NGN 500.00 NGN = 0.05844 VKSM |
NGN 1,000.00 NGN = 0.1169 VKSM |
VKSM to NGN over time
VKSM | Today | 24H -4.59% | 1M -38.84% | 1Y -317.90% |
|---|---|---|---|---|
0.5 VKSM | NGN 4,277.73 NGN | NGN 4,473.92 NGN | NGN 5,939.08 NGN | NGN 17,876.73 NGN |
1 VKSM | NGN 8,555.45 NGN | NGN 8,947.84 NGN | NGN 11,878.16 NGN | NGN 35,753.46 NGN |
5 VKSM | NGN 42,777.27 NGN | NGN 44,739.21 NGN | NGN 59,390.79 NGN | NGN 178,767.32 NGN |
10 VKSM | NGN 85,554.53 NGN | NGN 89,478.43 NGN | NGN 118,781.59 NGN | NGN 357,534.65 NGN |
50 VKSM | NGN 427,772.66 NGN | NGN 447,392.13 NGN | NGN 593,907.94 NGN | NGN 1,787,673.24 NGN |
100 VKSM | NGN 855,545.32 NGN | NGN 894,784.25 NGN | NGN 1,187,815.88 NGN | NGN 3,575,346.47 NGN |
500 VKSM | NGN 4,277,726.62 NGN | NGN 4,473,921.25 NGN | NGN 5,939,079.38 NGN | NGN 17,876,732.37 NGN |
1,000 VKSM | NGN 8,555,453.24 NGN | NGN 8,947,842.51 NGN | NGN 11,878,158.76 NGN | NGN 35,753,464.74 NGN |
Frequently asked questions
Right now, 1 Voucher KSM is worth about NGN 8,555.45.
Based on the current rate, you could get 0.0001169 VKSM for 1 NGN.
Voucher KSM price has been declining. Since yesterday, the exchange rate of Voucher KSM has decreased. Since last month, the exchange rate of Voucher KSM has decreased. Since this time last year, the price of Voucher KSM has decreased.
You can use our VKSM to NGN calculator at the top of this page to convert any amount of VKSM to NGN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NGN is equivalent to 0.0005844 VKSM. Inversely, 5 VKSM will cost about NGN 42,777.27
Voucher KSM is not currently available through Coinbase, but you can sign up to get the latest news on Voucher KSM and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Voucher KSM, including Cindicator, Nitro Network, and Aave. For a more robust list of assets to explore, jump to the asset page dedicated to Voucher KSM.
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