Convert Convertible JPY Token CJPY to Badger DAO BADGER
CJPY to BADGER: 1 Convertible JPY Token converts to 0.01223 BADGER
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About CJPY and BADGER
Convertible JPY Token is climbing, while Badger DAO is falling this week. The current CJPY to BADGER conversion rate is 0.01223. Inversely, this means that if you convert 1 BADGER you will get 81.78 CJPY. The conversion rate of CJPY/BADGER has increased by 1.54% in the last hour (BADGER/CJPY decreased by 1.54%). In the last 24 hours, CJPY/BADGER grew by 2.16%, while BADGER/CJPY shrunk by the same amount.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.01223 BADGER. In other words, to buy 5 Convertible JPY Token, it would cost you 0.06114 BADGER. Inversely, 1 BADGER would allow you to trade for 81.78 CJPY while 50 BADGER would convert to 4,089.04 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.81%. Meanwhile, in the last 24 hours, the rate has changed by 2.13%, which means that the highest exchange rate of 1 CJPY to BADGER was 0.01225 BADGER and the lowest 24 hour value was 1 CJPY for 0.0117 BADGER. Last month, 1 CJPY was worth 0.01113 BADGER. Today, it's up 8.98%. Looking back a year, Convertible JPY Token has changed by 0.006048 BADGER. That means that in a single year, the value of Convertible JPY Token has grown by 50.54%.
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.
Badger DAO Market Stats
BADGER is an Ethereum token that powers Badger DAO, a decentralized autonomous organization (DAO) focused on bringing Bitcoin into the decentralized finance (DeFi) ecosystem on Ethereum and other blockchains. BADGER is primarily used to govern the direction of Badger DAO and its products.
Conversion tables
CJPY to BADGER values from Today at 3:17 am
0.5 CJPY = 0.006114 BADGER |
1 CJPY = 0.01223 BADGER |
5 CJPY = 0.06114 BADGER |
10 CJPY = 0.1223 BADGER |
50 CJPY = 0.6114 BADGER |
100 CJPY = 1.22 BADGER |
500 CJPY = 6.11 BADGER |
1,000 CJPY = 12.23 BADGER |
BADGER to CJPY values from Today at 3:19 am
0.5 BADGER = 40.89 CJPY |
1 BADGER = 81.78 CJPY |
5 BADGER = 408.90 CJPY |
10 BADGER = 817.81 CJPY |
50 BADGER = 4,089.04 CJPY |
100 BADGER = 8,178.08 CJPY |
500 BADGER = 40,890.41 CJPY |
1,000 BADGER = 81,780.82 CJPY |
CJPY to BADGER over time
CJPY | Today | 24H 2.13% | 1M 8.98% | 1Y 50.54% |
|---|---|---|---|---|
0.5 CJPY | 0.006114 BADGER | 0.005983 BADGER | 0.005565 BADGER | 0.003024 BADGER |
1 CJPY | 0.01223 BADGER | 0.01197 BADGER | 0.01113 BADGER | 0.006048 BADGER |
5 CJPY | 0.06114 BADGER | 0.05983 BADGER | 0.05565 BADGER | 0.03024 BADGER |
10 CJPY | 0.1223 BADGER | 0.1197 BADGER | 0.1113 BADGER | 0.06048 BADGER |
50 CJPY | 0.6114 BADGER | 0.5983 BADGER | 0.5565 BADGER | 0.3024 BADGER |
100 CJPY | 1.22 BADGER | 1.20 BADGER | 1.11 BADGER | 0.6048 BADGER |
500 CJPY | 6.11 BADGER | 5.98 BADGER | 5.57 BADGER | 3.02 BADGER |
1,000 CJPY | 12.23 BADGER | 11.97 BADGER | 11.13 BADGER | 6.05 BADGER |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004102.
Based on the current rate, you could get 243.79 CJPY for 1 USD.
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 USD calculator at the top of this page to convert any amount of CJPY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1,218.97 CJPY. Inversely, 5 CJPY will cost about $0.02051
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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