Convert Conflux CFX to Convertible JPY Token CJPY
CFX to CJPY: 1 Conflux converts to 11.29 CJPY
Conflux (CFX) is not tradable on Coinbase.
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About CFX and CJPY
Conflux is falling, while Convertible JPY Token is climbing this week. The current CFX to CJPY conversion rate is 11.29. Inversely, this means that if you convert 1 CJPY you will get 0.08855 CFX. The conversion rate of CFX/CJPY has decreased by 0.22% in the last hour (CJPY/CFX increased by 0.22%). In the last 24 hours, CFX/CJPY shrunk by 5.47%, while CJPY/CFX grew by the same amount.
The exchange rate of Conflux is decreasing. The current value of 1 CFX is 11.29 CJPY. In other words, to buy 5 Conflux, it would cost you 56.46 CJPY. Inversely, 1 CJPY would allow you to trade for 0.08855 CFX while 50 CJPY would convert to 4.43 CFX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.17%. Meanwhile, in the last 24 hours, the rate has changed by 4.98%, and that the highest exchange rate of 1 CFX to CJPY was 12.08 CJPY and the lowest 24 hour value was 1 CFX for 11.18 CJPY. Last month, 1 CFX was worth 11.61 CJPY. Today, it's down 2.83%. Looking back a year, Conflux has changed by 11.93 CJPY. That means that in a single year, the value of Conflux has shrank by 5.65%.
Conflux Market Stats
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
CFX to CJPY values from Today at 8:57 am
0.5 CFX = 5.65 CJPY |
1 CFX = 11.29 CJPY |
5 CFX = 56.46 CJPY |
10 CFX = 112.93 CJPY |
50 CFX = 564.63 CJPY |
100 CFX = 1,129.26 CJPY |
500 CFX = 5,646.30 CJPY |
1,000 CFX = 11,292.60 CJPY |
CJPY to CFX values from Today at 8:56 am
0.5 CJPY = 0.04428 CFX |
1 CJPY = 0.08855 CFX |
5 CJPY = 0.4428 CFX |
10 CJPY = 0.8855 CFX |
50 CJPY = 4.43 CFX |
100 CJPY = 8.86 CFX |
500 CJPY = 44.28 CFX |
1,000 CJPY = 88.55 CFX |
CFX to CJPY over time
CFX | Today | 24H -4.98% | 1M -2.83% | 1Y -5.65% |
|---|---|---|---|---|
0.5 CFX | 5.65 CJPY | 5.93 CJPY | 5.81 CJPY | 5.97 CJPY |
1 CFX | 11.29 CJPY | 11.85 CJPY | 11.61 CJPY | 11.93 CJPY |
5 CFX | 56.46 CJPY | 59.27 CJPY | 58.06 CJPY | 59.66 CJPY |
10 CFX | 112.93 CJPY | 118.55 CJPY | 116.12 CJPY | 119.31 CJPY |
50 CFX | 564.63 CJPY | 592.75 CJPY | 580.59 CJPY | 596.56 CJPY |
100 CFX | 1,129.26 CJPY | 1,185.50 CJPY | 1,161.19 CJPY | 1,193.11 CJPY |
500 CFX | 5,646.30 CJPY | 5,927.49 CJPY | 5,805.94 CJPY | 5,965.56 CJPY |
1,000 CFX | 11,292.60 CJPY | 11,854.98 CJPY | 11,611.87 CJPY | 11,931.13 CJPY |
Frequently asked questions
Right now, 1 Conflux is worth about $0.0488.
Based on the current rate, you could get 20.49 CFX for 1 USD.
Conflux price has been declining. Since yesterday, the exchange rate of Conflux has decreased. Since last month, the exchange rate of Conflux has decreased. Since this time last year, the price of Conflux has decreased.
You can use our CFX to USD calculator at the top of this page to convert any amount of CFX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 102.47 CFX. Inversely, 5 CFX will cost about $0.244
Conflux is not currently available through Coinbase, but you can sign up to get the latest news on Conflux and be notified when it is available.
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