RBN/WBTC: Convert and Swap Ribbon Finance (RBN) to Wrapped Bitcoin (WBTC)
1 Ribbon Finance equals 0.00000547 Wrapped Bitcoin
Last update: 6:25 AM, October 12, 2024
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The current RBN to WBTC conversion rate is 0. Inversely, this means that if you convert 1 WBTC you will get 182,839.91 RBN.
The conversion rate of RBN/WBTC has increased by 2.27% in the last hour and grown by 3.47% in the last 24 hours.
Overview
About Ribbon Finance (RBN)
Please note: In July 2023 the Ribbon Finance decentralised autonomous organisation (DAO) voted to approve the merger of Ribbon Finance into Aevo. This requires various steps to take place, including a 1:1 swap of RBN tokens for AEVO tokens. The outcome of this merger is uncertain and may impact the value of RBN and/or AEVO tokens. Please visit https://www.coinbase.com/asset-risks for more information on asset risks. RBN is an Ethereum token that governs Ribbon Finance, a decentralized finance protocol designed to generate yield by combining options, futures, and fixed income to improve a portfolio's risk-return profile. RBN is the protocol’s governance token and can be used to vote on the future of the platform.
Resources
About Wrapped Bitcoin (WBTC)
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Resources
Market
Conversion tables
RBN to WBTC
Amount (RBN) | Amount (WBTC) |
---|---|
0.5 RBN | 0.00000273 WBTC |
1 RBN | 0.00000547 WBTC |
5 RBN | 0.000027 WBTC |
10 RBN | 0.000055 WBTC |
50 RBN | 0.000273 WBTC |
100 RBN | 0.000547 WBTC |
500 RBN | 0.0027 WBTC |
1,000 RBN | 0.0055 WBTC |
WBTC to RBN
Amount (WBTC) | Amount (RBN) |
---|---|
0.5 WBTC | 91,419.96 RBN |
1 WBTC | 182,839.91 RBN |
5 WBTC | 914,199.57 RBN |
10 WBTC | 1,828,399.15 RBN |
50 WBTC | 9,141,995.73 RBN |
100 WBTC | 18,283,991.47 RBN |
500 WBTC | 91,419,957.34 RBN |
1,000 WBTC | 182,839,914.68 RBN |
Last update: October 12, 2024 at 6:25 AM |
RBN to WBTC history
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
---|---|---|---|---|---|---|---|
0.00000529 WBTC | +3.31% | 0.00000546 WBTC | +0.15% | 0.00000581 WBTC | -6.26% | 0.00000642 WBTC | -17.43% |
Last update: October 12, 2024 at 6:25 AM |
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