Convert Belarusian Ruble BYN to Convertible JPY Token CJPY

About Convertible JPY Token

Convertible JPY Token is falling this week. The current price of Convertible JPY Token is BYN 0.01205 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of BYN 2,587,894.95. The amount of Convertible JPY Token traded has risen by BYN 18,709.67 in the last 24 hours, which is a 88.40% increase. Additionally, in the last day, BYN 21,164.59 worth of CJPY has been traded.

The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is BYN 0.01205 BYN. In other words, to buy 5 Convertible JPY Token, it would cost you BYN 0.06023 BYN. Inversely, BYN 1.00 BYN would allow you to trade for 83.02 CJPY while BYN 50.00 BYN would convert to 4,150.81 CJPY, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 4.22%. Meanwhile, in the last 24 hours, the rate has changed by 1.03%, and that the highest exchange rate of 1 CJPY to BYN was BYN 0.01232 BYN and the lowest 24 hour value was 1 CJPY for BYN 0.01177 BYN. Last month, 1 CJPY was worth BYN 0.01501 BYN. Today, it's down 19.74%. Looking back a year, Convertible JPY Token has changed by BYN 0.01954 BYN. That means that in a single year, the value of Convertible JPY Token has shrank by 28.68%.

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.

BYN 0.01205Price
BYN 2.59MMarket cap
BYN 21.16KVolume (24h)
212.6M CJPYCir. Supply

Conversion tables

BYN to CJPY values from Today at 8:14 pm

BYN 0.50 BYN = 41.51 CJPY
BYN 1.00 BYN = 83.02 CJPY
BYN 5.00 BYN = 415.08 CJPY
BYN 10.00 BYN = 830.16 CJPY
BYN 50.00 BYN = 4,150.81 CJPY
BYN 100.00 BYN = 8,301.61 CJPY
BYN 500.00 BYN = 41,508.07 CJPY
BYN 1,000.00 BYN = 83,016.13 CJPY

CJPY to BYN values from Today at 8:13 pm

0.5 CJPY = BYN 0.006023 BYN
1 CJPY = BYN 0.01205 BYN
5 CJPY = BYN 0.06023 BYN
10 CJPY = BYN 0.1205 BYN
50 CJPY = BYN 0.6023 BYN
100 CJPY = BYN 1.20 BYN
500 CJPY = BYN 6.02 BYN
1,000 CJPY = BYN 12.05 BYN

BYN to CJPY over time

BYN
Today
24H
-33,243.46%
1M
-26,344.92%
1Y
-20,210.53%
0.5 BYN
41.51 CJPY
42.01 CJPY
33.32 CJPY
25.59 CJPY
1 BYN
83.02 CJPY
84.01 CJPY
66.63 CJPY
51.18 CJPY
5 BYN
415.08 CJPY
420.07 CJPY
333.16 CJPY
255.88 CJPY
10 BYN
830.16 CJPY
840.14 CJPY
666.32 CJPY
511.76 CJPY
50 BYN
4,150.81 CJPY
4,200.71 CJPY
3,331.61 CJPY
2,558.78 CJPY
100 BYN
8,301.61 CJPY
8,401.42 CJPY
6,663.22 CJPY
5,117.57 CJPY
500 BYN
41,508.07 CJPY
42,007.12 CJPY
33,316.12 CJPY
25,587.83 CJPY
1,000 BYN
83,016.13 CJPY
84,014.23 CJPY
66,632.25 CJPY
51,175.66 CJPY

Frequently asked questions

Right now, 1 Convertible JPY Token is worth about BYN 0.01205.

Based on the current rate, you could get 83.02 CJPY for 1 BYN.

Convertible JPY Token price has been declining. Since yesterday, the exchange rate of Convertible JPY Token has decreased. Since last month, the exchange rate of Convertible JPY Token has decreased. Since this time last year, the price of Convertible JPY Token has decreased.

You can use our CJPY to BYN calculator at the top of this page to convert any amount of CJPY to BYN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BYN is equivalent to 415.08 CJPY. Inversely, 5 CJPY will cost about BYN 0.06023

Convertible JPY Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Convertible JPY Token.

There are a number of crypto assets that have the a similar or comparable market cap to Convertible JPY Token, including Fine, BaseX, and BNBcat. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.

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