Convert Allora ALLO to Convertible JPY Token CJPY
1 ALLO converts to 43.04 CJPY
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About ALLO and CJPY
Allora is falling, while Convertible JPY Token is climbing this week. The current ALLO to CJPY conversion rate is 43.04. Inversely, this means that if you convert 1 CJPY you will get 0.02324 ALLO. The conversion rate of ALLO/CJPY has increased by 0.92% in the last hour (CJPY/ALLO decreased by 0.92%). In the last 24 hours, ALLO/CJPY shrunk by 2.47%, while CJPY/ALLO grew by the same amount.
The exchange rate of Allora is decreasing. The current value of 1 ALLO is 43.04 CJPY. In other words, to buy 5 Allora, it would cost you 215.19 CJPY. Inversely, 1 CJPY would allow you to trade for 0.02324 ALLO while 50 CJPY would convert to 1.16 ALLO, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 39.52%. Meanwhile, in the last 24 hours, the rate has changed by 0.76%, which means that the highest exchange rate of 1 ALLO to CJPY was 45.08 CJPY and the lowest 24 hour value was 1 ALLO for 39.48 CJPY. Last month, 1 ALLO was worth 22.61 CJPY. Today, it's up 47.47%. Looking back a year, Allora has changed by 0.00 CJPY. That means that in a single year, the value of Allora has grown by 100%.
Allora Market Stats
ALLO is the native utility and governance token of the Allora Network—a decentralized AI platform built on the Cosmos Layer 1 blockchain. Allora aims to create a collaborative and continuously improving machine-learning ecosystem where diverse models, data contributors, and validators collectively generate secure and advanced AI outputs.
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
ALLO to CJPY values from Today at 4:33 pm
0.5 ALLO = 21.52 CJPY |
1 ALLO = 43.04 CJPY |
5 ALLO = 215.19 CJPY |
10 ALLO = 430.38 CJPY |
50 ALLO = 2,151.88 CJPY |
100 ALLO = 4,303.76 CJPY |
500 ALLO = 21,518.79 CJPY |
1,000 ALLO = 43,037.58 CJPY |
CJPY to ALLO values from Today at 4:29 pm
0.5 CJPY = 0.01162 ALLO |
1 CJPY = 0.02324 ALLO |
5 CJPY = 0.1162 ALLO |
10 CJPY = 0.2324 ALLO |
50 CJPY = 1.16 ALLO |
100 CJPY = 2.32 ALLO |
500 CJPY = 11.62 ALLO |
1,000 CJPY = 23.24 ALLO |
ALLO to CJPY over time
ALLO | Today | 24H -0.76% | 1M 47.47% | 1Y 100.00% |
|---|---|---|---|---|
0.5 ALLO | 21.52 CJPY | 21.68 CJPY | 11.30 CJPY | 0.00 CJPY |
1 ALLO | 43.04 CJPY | 43.36 CJPY | 22.61 CJPY | 0.00 CJPY |
5 ALLO | 215.19 CJPY | 216.82 CJPY | 113.04 CJPY | 0.00 CJPY |
10 ALLO | 430.38 CJPY | 433.63 CJPY | 226.09 CJPY | 0.00 CJPY |
50 ALLO | 2,151.88 CJPY | 2,168.16 CJPY | 1,130.44 CJPY | 0.00 CJPY |
100 ALLO | 4,303.76 CJPY | 4,336.31 CJPY | 2,260.88 CJPY | 0.00 CJPY |
500 ALLO | 21,518.79 CJPY | 21,681.55 CJPY | 11,304.41 CJPY | 0.00 CJPY |
1,000 ALLO | 43,037.58 CJPY | 43,363.10 CJPY | 22,608.82 CJPY | 0.00 CJPY |
Frequently asked questions
Right now, 1 Allora is worth about $0.1834.
Based on the current rate, you could get 5.45 ALLO for 1 USD.
Allora price has been declining. Since yesterday, the exchange rate of Allora has decreased. Since last month, the exchange rate of Allora has increased. Since this time last year, the price of Allora has decreased.
You can use our ALLO to USD calculator at the top of this page to convert any amount of ALLO to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 27.26 ALLO. Inversely, 5 ALLO will cost about $0.917
Allora is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Allora.
There are a number of crypto assets that have the a similar or comparable market cap to Allora, including Storj, Philip Morris tokenized stock (xStock), and Core. For a more robust list of assets to explore, jump to the asset page dedicated to Allora.
Buy Allora with Coinbase
Create a Coinbase account to buy and sell Allora on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.