Convert Convertible JPY Token CJPY to Argentine Peso ARS

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About Convertible JPY Token

Convertible JPY Token is falling this week. The current price of Convertible JPY Token is ARS 6.35 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of ARS 0.00. The amount of Convertible JPY Token traded has fallen by ARS 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, ARS 0.00 worth of CJPY has been traded.

The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is ARS 6.35 ARS. In other words, to buy 5 Convertible JPY Token, it would cost you ARS 31.73 ARS. Inversely, ARS 1.00 ARS would allow you to trade for 0.1576 CJPY while ARS 50.00 ARS would convert to 7.88 CJPY, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 CJPY to ARS was ARS 6.46 ARS and the lowest 24 hour value was 1 CJPY for ARS 6.32 ARS. Last month, 1 CJPY was worth ARS 6.66 ARS. Today, it's up 0%. Looking back a year, Convertible JPY Token has changed by ARS 7.15 ARS. That means that in a single year, the value of Convertible JPY Token has grown by 0%.

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.

ARS 6.35Price
ARS 0Market cap
ARS 0Volume (24h)
212.6M CJPYCir. Supply

Conversion tables

CJPY to ARS values from Today at 10:09 am

0.5 CJPY = ARS 3.17 ARS
1 CJPY = ARS 6.35 ARS
5 CJPY = ARS 31.73 ARS
10 CJPY = ARS 63.46 ARS
50 CJPY = ARS 317.31 ARS
100 CJPY = ARS 634.62 ARS
500 CJPY = ARS 3,173.10 ARS
1,000 CJPY = ARS 6,346.21 ARS

ARS to CJPY values from Today at

ARS 0.50 ARS = 0.07879 CJPY
ARS 1.00 ARS = 0.1576 CJPY
ARS 5.00 ARS = 0.7879 CJPY
ARS 10.00 ARS = 1.58 CJPY
ARS 50.00 ARS = 7.88 CJPY
ARS 100.00 ARS = 15.76 CJPY
ARS 500.00 ARS = 78.79 CJPY
ARS 1,000.00 ARS = 157.57 CJPY

CJPY to ARS over time

CJPY
Today
24H
-0.29%
1M
-4.91%
1Y
-12.61%
0.5 CJPY
ARS 3.17 ARS
ARS 3.18 ARS
ARS 3.33 ARS
ARS 3.57 ARS
1 CJPY
ARS 6.35 ARS
ARS 6.36 ARS
ARS 6.66 ARS
ARS 7.15 ARS
5 CJPY
ARS 31.73 ARS
ARS 31.82 ARS
ARS 33.29 ARS
ARS 35.73 ARS
10 CJPY
ARS 63.46 ARS
ARS 63.64 ARS
ARS 66.58 ARS
ARS 71.47 ARS
50 CJPY
ARS 317.31 ARS
ARS 318.22 ARS
ARS 332.88 ARS
ARS 357.33 ARS
100 CJPY
ARS 634.62 ARS
ARS 636.44 ARS
ARS 665.77 ARS
ARS 714.66 ARS
500 CJPY
ARS 3,173.10 ARS
ARS 3,182.21 ARS
ARS 3,328.85 ARS
ARS 3,573.28 ARS
1,000 CJPY
ARS 6,346.21 ARS
ARS 6,364.42 ARS
ARS 6,657.70 ARS
ARS 7,146.56 ARS

Frequently asked questions

Right now, 1 Convertible JPY Token is worth about ARS 6.35.

Based on the current rate, you could get 0.1576 CJPY for 1 ARS.

You can use our CJPY to ARS calculator at the top of this page to convert any amount of CJPY to ARS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ARS is equivalent to 0.7879 CJPY. Inversely, 5 CJPY will cost about ARS 31.73

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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