Convert Arcblock ABT to Convertible JPY Token CJPY
ABT to CJPY: 1 Arcblock converts to 50.37 CJPY
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About ABT and CJPY
Arcblock is falling, while Convertible JPY Token is climbing this week. The current ABT to CJPY conversion rate is 50.37. Inversely, this means that if you convert 1 CJPY you will get 0.01985 ABT. The conversion rate of ABT/CJPY has decreased by 2.78% in the last hour (CJPY/ABT increased by 2.78%). In the last 24 hours, ABT/CJPY shrunk by 14.46%, while CJPY/ABT grew by the same amount.
The exchange rate of Arcblock is decreasing. The current value of 1 ABT is 50.37 CJPY. In other words, to buy 5 Arcblock, it would cost you 251.86 CJPY. Inversely, 1 CJPY would allow you to trade for 0.01985 ABT while 50 CJPY would convert to 0.9926 ABT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.16%. Meanwhile, in the last 24 hours, the rate has changed by 14.24%, which means that the highest exchange rate of 1 ABT to CJPY was 58.15 CJPY and the lowest 24 hour value was 1 ABT for 48.73 CJPY. Last month, 1 ABT was worth 61.00 CJPY. Today, it's down 21.09%. Looking back a year, Arcblock has changed by 131.26 CJPY. That means that in a single year, the value of Arcblock has shrank by 160.59%.
Arcblock Market Stats
ABT is an Ethereum token that functions as payment in the Arcblock ecosystem. Arcblock is a platform for building and deploying decentralized applications using a combination of blockchain technology and cloud computing.
Convertible JPY Token Market Stats
What is the project about? CJPY represents a collateral debt position issued on Yamato Protocol, a decentralized and non-custodial platform on Ethereum developed by DeFiGeek Community Japan. CJPY serves as an ETH overcollateralized stablecoin designed to maintain a peg to the Japanese Yen. In the future, the Yamato protocol will expand to encompass various tokens as collateral, and a diverse range of fiat stablecoins will be introduced, initially including USD and EUR pegs. What makes your project unique? Yamato Protocol distinguishes itself through 5 attributes as a decentralized and non-custodial crypto overcollateralized stablecoin: 1. High Collateral Factor: The protocol permits a minimum health rate of 130%, ensuring efficient use of collateral. 2. Absence of Accrued Interest: Users are subject solely to a one-time issuance fee upon generating CJPY. 3. Non-Forced Liquidation: No penalty for liquidation. Debt positions with health rates below 130% can be redeemed by any users via CJPY acquired from the market. 4. Redemption by protocol: Accrued CJPY fees on protocol can be used to redeem debt position under threshold. 5. Subrogation Mechanism: The protocol employs the accumulated CJPY fees to subrogate debt positions falling below the 100% health rate threshold. History of your project. January 2021: The DeFiGeek Community Japan embarked on the development of Yamato Protocol, a decentralized and non-custodial crypto overcollateralized stablecoin pegged to JPY. The community has functioned with an inclusive approach, welcoming all developers and contributors who are eager to take part in the enhancement of DeFi applications and tools that drive the advancement of Web3 technology. Milestones of Yamato Protocol: November 2021: The alpha testing phase commenced on the Rinkeby testnet. January 2022: The beta testing phase debuted on the Rinkeby testnet. May 2022: The second beta testing phase transpired on the Rinkeby testnet. June 2023: Successful completion of the initial audit. July 2023: Launch of version 1 on the Ethereum mainnet. What’s next for your project? At present, Yamato Protocol stands at version 1.0 without a utility token. Anticipated milestones include: Version 1.5 (2023): Introduction of the DAO utility token and the implementation of ve(vote-escrowed) governance. Version 2.0 (Late 2023): Enabling issuance of additional stablecoins like CEUR (convertible EUR) and CUSD (convertible USD). What can your token be used for? CJPY represents a decentralized JPY-pegged token on the Ethereum blockchain, offering versatility to users and other protocols. Its anticipated adoption spans various DeFi Dapps, encompassing DEX and lending protocols. Given its decentralized and non-custodial nature, CJPY holds the potential for widespread adoption as a payment medium within the Japanese crypto business ecosystem.
Conversion tables
ABT to CJPY values from Today at 12:17 pm
0.5 ABT = 25.19 CJPY |
1 ABT = 50.37 CJPY |
5 ABT = 251.86 CJPY |
10 ABT = 503.72 CJPY |
50 ABT = 2,518.59 CJPY |
100 ABT = 5,037.17 CJPY |
500 ABT = 25,185.87 CJPY |
1,000 ABT = 50,371.74 CJPY |
CJPY to ABT values from Today at 12:14 pm
0.5 CJPY = 0.009926 ABT |
1 CJPY = 0.01985 ABT |
5 CJPY = 0.09926 ABT |
10 CJPY = 0.1985 ABT |
50 CJPY = 0.9926 ABT |
100 CJPY = 1.99 ABT |
500 CJPY = 9.93 ABT |
1,000 CJPY = 19.85 ABT |
ABT to CJPY over time
ABT | Today | 24H -14.24% | 1M -21.09% | 1Y -160.59% |
|---|---|---|---|---|
0.5 ABT | 25.19 CJPY | 28.77 CJPY | 30.50 CJPY | 65.63 CJPY |
1 ABT | 50.37 CJPY | 57.54 CJPY | 61.00 CJPY | 131.26 CJPY |
5 ABT | 251.86 CJPY | 287.72 CJPY | 304.98 CJPY | 656.32 CJPY |
10 ABT | 503.72 CJPY | 575.44 CJPY | 609.96 CJPY | 1,312.64 CJPY |
50 ABT | 2,518.59 CJPY | 2,877.22 CJPY | 3,049.78 CJPY | 6,563.22 CJPY |
100 ABT | 5,037.17 CJPY | 5,754.44 CJPY | 6,099.57 CJPY | 13,126.44 CJPY |
500 ABT | 25,185.87 CJPY | 28,772.21 CJPY | 30,497.84 CJPY | 65,632.20 CJPY |
1,000 ABT | 50,371.74 CJPY | 57,544.42 CJPY | 60,995.69 CJPY | 131,264.40 CJPY |
Frequently asked questions
Right now, 1 Arcblock is worth about $0.2115.
Based on the current rate, you could get 4.73 ABT for 1 USD.
Arcblock price has been declining. Since yesterday, the exchange rate of Arcblock has decreased. Since last month, the exchange rate of Arcblock has decreased. Since this time last year, the price of Arcblock has decreased.
You can use our ABT to USD calculator at the top of this page to convert any amount of ABT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 23.64 ABT. Inversely, 5 ABT will cost about $1.06
Arcblock is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Arcblock.
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