Convert Convertible JPY Token CJPY to Chinese Renminbi Yuan Offshore CNH
CJPY to CNH: 1 Convertible JPY Token converts to CNH 0.03112 CNH as of July 15 at 4:21 AM
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About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is CNH 0.03112 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of CNH 6,602,580.84. The amount of Convertible JPY Token traded has risen by CNH 21,988.38 in the last 24 hours, which is a 77.24% increase. Additionally, in the last day, CNH 28,468.16 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is CNH 0.03112 CNH. In other words, to buy 5 Convertible JPY Token, it would cost you CNH 0.15558 CNH. Inversely, CNH 1.00 CNH would allow you to trade for 32.14 CJPY while CNH 50.00 CNH would convert to 1,606.94 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.72%. Meanwhile, in the last 24 hours, the rate has changed by 5.11%, which means that the highest exchange rate of 1 CJPY to CNH was CNH 0.03115 CNH and the lowest 24 hour value was 1 CJPY for CNH 0.02963 CNH. Last month, 1 CJPY was worth CNH 0.02911 CNH. Today, it's up 6.7%. Looking back a year, Convertible JPY Token has changed by CNH 0.04465 CNH. That means that in a single year, the value of Convertible JPY Token has shrank by 26.06%.
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 CNH values from Today at 4:21 am
0.5 CJPY = CNH 0.01556 CNH |
1 CJPY = CNH 0.03112 CNH |
5 CJPY = CNH 0.1556 CNH |
10 CJPY = CNH 0.3112 CNH |
50 CJPY = CNH 1.56 CNH |
100 CJPY = CNH 3.11 CNH |
500 CJPY = CNH 15.56 CNH |
1,000 CJPY = CNH 31.12 CNH |
CNH to CJPY values from Today at
CNH 0.50 CNH = 16.07 CJPY |
CNH 1.00 CNH = 32.14 CJPY |
CNH 5.00 CNH = 160.69 CJPY |
CNH 10.00 CNH = 321.39 CJPY |
CNH 50.00 CNH = 1,606.94 CJPY |
CNH 100.00 CNH = 3,213.87 CJPY |
CNH 500.00 CNH = 16,069.37 CJPY |
CNH 1,000.00 CNH = 32,138.73 CJPY |
CJPY to CNH over time
CJPY | Today | 24H 4.63% | 1M 6.44% | 1Y -43.51% |
|---|---|---|---|---|
0.5 CJPY | CNH 0.01556 CNH | CNH 0.01484 CNH | CNH 0.01456 CNH | CNH 0.02233 CNH |
1 CJPY | CNH 0.03112 CNH | CNH 0.02967 CNH | CNH 0.02911 CNH | CNH 0.04465 CNH |
5 CJPY | CNH 0.1556 CNH | CNH 0.1484 CNH | CNH 0.1456 CNH | CNH 0.2233 CNH |
10 CJPY | CNH 0.3112 CNH | CNH 0.2967 CNH | CNH 0.2911 CNH | CNH 0.4465 CNH |
50 CJPY | CNH 1.56 CNH | CNH 1.48 CNH | CNH 1.46 CNH | CNH 2.23 CNH |
100 CJPY | CNH 3.11 CNH | CNH 2.97 CNH | CNH 2.91 CNH | CNH 4.47 CNH |
500 CJPY | CNH 15.56 CNH | CNH 14.84 CNH | CNH 14.56 CNH | CNH 22.33 CNH |
1,000 CJPY | CNH 31.12 CNH | CNH 29.67 CNH | CNH 29.11 CNH | CNH 44.65 CNH |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about CNH 0.03112.
Based on the current rate, you could get 32.14 CJPY for 1 CNH.
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 increased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to CNH calculator at the top of this page to convert any amount of CJPY to CNH. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CNH is equivalent to 160.69 CJPY. Inversely, 5 CJPY will cost about CNH 0.1556
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 Short-term T-Bill Token, BaseX, and Fine. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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