Statter Network is the world’s first full-service public blockchain platform for the metaverse ecosystem. It aims to build a high-performance and high secure infrastructure for metaverse developers, creators and players.
Centering on the infrastructure positioning, Statter innovatively created drag-and-drop technology for public blockchain generation, with which developers could build new public blockchains as easily as playing with LEGO. The drag-and-drop public blockchain generation technology satisfies metaverse application's demands for a multi-functional public blockchain; research and develop DID aggregation protocols to achieve interoperability of cross-chain digital identities; with the scalability of Sharding and DAG technology, it achieves 100,000 TPS on the main chain and transactions are confirmed within seconds; adopts a multi-layer structure with high cohesion and low coupling; and supports parallel multi-chain and multi-consensus.
Statter is an open ecosystem and platform that offers infrastructure connections in the plugin App market for 3D engines, GIS, edge computing, edge rendering, decentralized storage, digital twin, and computer vision, among others. Statter provides comprehensive services for developers to construct the metaverse from fundamental theory to a realm beyond reality by utilizing drag-and-drop technology for public blockchain generation, based on the multi-chain operation platform and the metaverse plugin App Market.
RON information
About the Romanian Leu (RON)
What Is the Romanian Leu (RON)?
The Romanian Leu, abbreviated as RON and often denoted by the currency sign “lei”, is the official currency of Romania. It is subdivided into 100 smaller units known as bani. The term "leu" means "lion" in Romanian, reflecting its historical origins linked to the Dutch thaler (leeuwendaalder "lion thaler/dollar"). The Romanian Leu is the sole legal tender in Romania, and it is used for all transactions within the country.
The Romanian Leu is issued by the National Bank of Romania (Banca Națională a României), which is responsible for the country's monetary policy, including the issuance and regulation of its currency. The National Bank of Romania plays a crucial role in maintaining the stability and integrity of the Romanian financial system.
What Is the History of RON?
The Leu has undergone several transformations since its first introduction in 1867. The currency has experienced multiple revaluations, the most recent being in 2005, where 10,000 old lei (ROL) were exchanged for one new leu (RON). This change aimed to align the Romanian currency with Western European standards and improve the country's economic prospects.
Notes and Coins of RON
Romanian currency is available in both coins and banknotes. Frequently used coins include 5, 10, and 50 bani, while the banknotes in circulation are 1, 5, 10, 50, and 100 lei. The banknotes are known for their durability, made from a strong polymer material, making them indestructible.
Is RON Pegged to EUR?
No, the Romanian Leu (RON) is not pegged to the Euro. Romania, despite being a member of the European Union, has its own independent monetary policy, and the Leu operates on a floating exchange rate system. This means that the value of the Romanian Leu is determined by market forces, such as supply and demand in the foreign exchange market, rather than being directly linked or pegged to the Euro or any other currency.
Will Romania Adopt the Euro as Its Currency?
Romania has set a target to adopt the Euro by 2024. The country, a member of the European Union since 2007, has expressed intentions to join the Eurozone, which would involve replacing the Romanian Leu (RON) with the Euro. However, for a member state to adopt the Euro, it must meet certain convergence criteria, often referred to as the Maastricht criteria. Romania has been working towards meeting these criteria, but as of January 2024, it has not yet fulfilled all the necessary conditions.
Is RON a Stable Currency?
The Romanian Leu (RON) had demonstrated relative stability, especially in the context of its recent history. The exchange rates of the Leu against major currencies like the Euro and the British Pound had been fairly consistent, with the average exchange rate in 2023 hovering around 1 EUR to 4.9 RON and 1 GBP to 5.7 RON. This stability is indicative of Romania's growing economic resilience and effective monetary policies. While the Leu had experienced significant fluctuations in the past, particularly during the post-communist transition period, the National Bank of Romania's efforts in recent years have contributed to a more stable currency environment.
What Is the Difference Between ROL and RON?
In 2005, Romania underwent a significant currency reform, transitioning from the old Romanian leu (ROL) to the new Romanian leu (RON) through a process of redenomination. This change was introduced at a rate of 1 RON = 10,000 ROL, primarily to combat high inflation and simplify financial transactions. Along with this shift in value, the new leu featured updated banknotes and coins, distinct in design and enhanced with modern security features to prevent counterfeiting. This currency reform was a crucial part of broader economic reforms aimed at stabilizing the Romanian economy, reducing inflation, and facilitating closer integration with the European Union and international economic systems. During the transition, both currencies circulated simultaneously to ease the adaptation process. The change also included an update on the international currency symbol from ROL to RON, reflecting a new era in Romania's economic development.
STT to RON conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | lei2.82 | 0.0200% / 0.0320%VIP 7 | |
Huobi | lei2.89 | 0.1000% / 0.1000% | Yes |
Gate.io | lei2.84 | 0.1000% / 0.1000% | Yes |
How to buy Statter Network
Buy STT (or USDT) for RON (Romanian Leu) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell STT (or USDT) for RON (Romanian Leu) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Statter Network to Romanian Leu?
Statter Network to Romanian Leu is rising this week.Conversion tables
The exchange rate of Statter Network is increasing.STT to RON
RON to STT
Today vs. 24 hours ago
Amount | 19:51 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 STT | $0.2947 | $0.3114 | -5.35% |
1 STT | $0.5893 | $0.6228 | -5.35% |
5 STT | $2.95 | $3.11 | -5.35% |
10 STT | $5.89 | $6.23 | -5.35% |
50 STT | $29.47 | $31.14 | -5.35% |
100 STT | $58.93 | $62.28 | -5.35% |
500 STT | $294.67 | $311.42 | -5.35% |
1000 STT | $589.33 | $622.84 | -5.35% |
Today vs. 1 month ago
Amount | 19:51 today | 1 month ago | 1M change |
---|---|---|---|
0.5 STT | $0.2947 | $0.1189 | +145.93% |
1 STT | $0.5893 | $0.2378 | +145.93% |
5 STT | $2.95 | $1.19 | +145.93% |
10 STT | $5.89 | $2.38 | +145.93% |
50 STT | $29.47 | $11.89 | +145.93% |
100 STT | $58.93 | $23.78 | +145.93% |
500 STT | $294.67 | $118.9 | +145.93% |
1000 STT | $589.33 | $237.8 | +145.93% |
Today vs. 1 year ago
Amount | 19:51 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 STT | $0.2947 | $0.6560 | -54.95% |
1 STT | $0.5893 | $1.31 | -54.95% |
5 STT | $2.95 | $6.56 | -54.95% |
10 STT | $5.89 | $13.12 | -54.95% |
50 STT | $29.47 | $65.6 | -54.95% |
100 STT | $58.93 | $131.19 | -54.95% |
500 STT | $294.67 | $655.97 | -54.95% |
1000 STT | $589.33 | $1,311.94 | -54.95% |
Statter Network price prediction
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