Convert Convertible JPY Token CJPY to BlackRock USD Institutional Digital Liquidity Fund BUIDL
CJPY to BUIDL: 1 Convertible JPY Token converts to 0.004085 BUIDL
About CJPY and BUIDL
Convertible JPY Token is climbing, while BlackRock USD Institutional Digital Liquidity Fund is falling this week. The current CJPY to BUIDL conversion rate is 0.004085. Inversely, this means that if you convert 1 BUIDL you will get 244.78 CJPY. The conversion rate of CJPY/BUIDL has decreased by 0.02% in the last hour (BUIDL/CJPY increased by 0.02%). In the last 24 hours, CJPY/BUIDL grew by 0.47%, while BUIDL/CJPY shrunk by the same amount.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.004085 BUIDL. In other words, to buy 5 Convertible JPY Token, it would cost you 0.020426 BUIDL. Inversely, 1 BUIDL would allow you to trade for 244.78 CJPY while 50 BUIDL would convert to 12,239.07 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.73%. Meanwhile, in the last 24 hours, the rate has changed by 0.41%, and that the highest exchange rate of 1 CJPY to BUIDL was 0.004124 BUIDL and the lowest 24 hour value was 1 CJPY for 0.004031 BUIDL. Last month, 1 CJPY was worth 0.004418 BUIDL. Today, it's down 8.14%. Looking back a year, Convertible JPY Token has changed by 0.005994 BUIDL. That means that in a single year, the value of Convertible JPY Token has shrank by 46.71%.
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.
BlackRock USD Institutional Digital Liquidity Fund Market Stats
Conversion tables
CJPY to BUIDL values from Today at 5:38 am
0.5 CJPY = 0.002043 BUIDL |
1 CJPY = 0.004085 BUIDL |
5 CJPY = 0.02043 BUIDL |
10 CJPY = 0.04085 BUIDL |
50 CJPY = 0.2043 BUIDL |
100 CJPY = 0.4085 BUIDL |
500 CJPY = 2.04 BUIDL |
1,000 CJPY = 4.09 BUIDL |
BUIDL to CJPY values from Today at 5:41 am
0.5 BUIDL = 122.39 CJPY |
1 BUIDL = 244.78 CJPY |
5 BUIDL = 1,223.91 CJPY |
10 BUIDL = 2,447.81 CJPY |
50 BUIDL = 12,239.07 CJPY |
100 BUIDL = 24,478.13 CJPY |
500 BUIDL = 122,390.65 CJPY |
1,000 BUIDL = 244,781.31 CJPY |
CJPY to BUIDL over time
CJPY | Today | 24H 0.41% | 1M -8.14% | 1Y -46.71% |
|---|---|---|---|---|
0.5 CJPY | 0.002043 BUIDL | 0.002034 BUIDL | 0.002209 BUIDL | 0.002997 BUIDL |
1 CJPY | 0.004085 BUIDL | 0.004069 BUIDL | 0.004418 BUIDL | 0.005994 BUIDL |
5 CJPY | 0.02043 BUIDL | 0.02034 BUIDL | 0.02209 BUIDL | 0.02997 BUIDL |
10 CJPY | 0.04085 BUIDL | 0.04069 BUIDL | 0.04418 BUIDL | 0.05994 BUIDL |
50 CJPY | 0.2043 BUIDL | 0.2034 BUIDL | 0.2209 BUIDL | 0.2997 BUIDL |
100 CJPY | 0.4085 BUIDL | 0.4069 BUIDL | 0.4418 BUIDL | 0.5994 BUIDL |
500 CJPY | 2.04 BUIDL | 2.03 BUIDL | 2.21 BUIDL | 3.00 BUIDL |
1,000 CJPY | 4.09 BUIDL | 4.07 BUIDL | 4.42 BUIDL | 5.99 BUIDL |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004085.
Based on the current rate, you could get 244.78 CJPY for 1 USD.
Convertible JPY Token price has been on the rise. Since yesterday, the exchange rate of Convertible JPY Token has increased. 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 1,223.91 CJPY. Inversely, 5 CJPY will cost about $0.02043
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 Doland Tremp, XREATORS, and Astroport. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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