Convert Convertible JPY Token CJPY to Bahraini Dinar BHD
1 CJPY converts to BHD 0.001621 BHD as of June 17 at 7:47 PM
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About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is BHD 0.001621 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of BHD 345,525.91. The amount of Convertible JPY Token traded has fallen by -BHD 317.149 in the last 24 hours, which is a 51.28% decrease. Additionally, in the last day, BHD 618.484 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is BHD 0.001621 BHD. In other words, to buy 5 Convertible JPY Token, it would cost you BHD 0.008105 BHD. Inversely, BHD 1.000 BHD would allow you to trade for 616.92 CJPY while BHD 50.000 BHD would convert to 30,846.19 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.46%. Meanwhile, in the last 24 hours, the rate has changed by 2.55%, which means that the highest exchange rate of 1 CJPY to BHD was BHD 0.001666 BHD and the lowest 24 hour value was 1 CJPY for BHD 0.001623 BHD. Last month, 1 CJPY was worth BHD 0.001782 BHD. Today, it's down 8.83%. Looking back a year, Convertible JPY Token has changed by BHD 0.002284 BHD. That means that in a single year, the value of Convertible JPY Token has shrank by 29.01%.
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
CJPY to BHD values from Today at 7:47 pm
0.5 CJPY = BHD 0.0008105 BHD |
1 CJPY = BHD 0.001621 BHD |
5 CJPY = BHD 0.008105 BHD |
10 CJPY = BHD 0.01621 BHD |
50 CJPY = BHD 0.08105 BHD |
100 CJPY = BHD 0.1621 BHD |
500 CJPY = BHD 0.8105 BHD |
1,000 CJPY = BHD 1.62 BHD |
BHD to CJPY values from Today at
BHD 0.500 BHD = 308.46 CJPY |
BHD 1.000 BHD = 616.92 CJPY |
BHD 5.000 BHD = 3,084.62 CJPY |
BHD 10.000 BHD = 6,169.24 CJPY |
BHD 50.000 BHD = 30,846.19 CJPY |
BHD 100.000 BHD = 61,692.39 CJPY |
BHD 500.000 BHD = 308,461.94 CJPY |
BHD 1,000.000 BHD = 616,923.88 CJPY |
CJPY to BHD over time
CJPY | Today | 24H -2.65% | 1M -9.96% | 1Y -40.91% |
|---|---|---|---|---|
0.5 CJPY | BHD 0.0008105 BHD | BHD 0.0008319 BHD | BHD 0.0008912 BHD | BHD 0.001142 BHD |
1 CJPY | BHD 0.001621 BHD | BHD 0.001664 BHD | BHD 0.001782 BHD | BHD 0.002284 BHD |
5 CJPY | BHD 0.008105 BHD | BHD 0.008319 BHD | BHD 0.008912 BHD | BHD 0.01142 BHD |
10 CJPY | BHD 0.01621 BHD | BHD 0.01664 BHD | BHD 0.01782 BHD | BHD 0.02284 BHD |
50 CJPY | BHD 0.08105 BHD | BHD 0.08319 BHD | BHD 0.08912 BHD | BHD 0.1142 BHD |
100 CJPY | BHD 0.1621 BHD | BHD 0.1664 BHD | BHD 0.1782 BHD | BHD 0.2284 BHD |
500 CJPY | BHD 0.8105 BHD | BHD 0.8319 BHD | BHD 0.8912 BHD | BHD 1.14 BHD |
1,000 CJPY | BHD 1.62 BHD | BHD 1.66 BHD | BHD 1.78 BHD | BHD 2.28 BHD |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about BHD 0.001621.
Based on the current rate, you could get 616.92 CJPY for 1 BHD.
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 BHD calculator at the top of this page to convert any amount of CJPY to BHD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BHD is equivalent to 3,084.62 CJPY. Inversely, 5 CJPY will cost about BHD 0.008105
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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Create a Coinbase account to buy and sell Convertible JPY Token on the most secure crypto exchange.
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