Convert Convertible JPY Token CJPY to Curve DAO Token CRV
CJPY to CRV: 1 Convertible JPY Token converts to 0.0201 CRV
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About CJPY and CRV
Convertible JPY Token is falling, while Curve DAO Token is climbing this week. The current CJPY to CRV conversion rate is 0.0201. Inversely, this means that if you convert 1 CRV you will get 49.75 CJPY. The conversion rate of CJPY/CRV has increased by 0.51% in the last hour (CRV/CJPY decreased by 0.51%). In the last 24 hours, CJPY/CRV shrunk by 5.07%, while CRV/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.0201 CRV. In other words, to buy 5 Convertible JPY Token, it would cost you 0.10051 CRV. Inversely, 1 CRV would allow you to trade for 49.75 CJPY while 50 CRV would convert to 2,487.40 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.31%. Meanwhile, in the last 24 hours, the rate has changed by 6.83%, and that the highest exchange rate of 1 CJPY to CRV was 0.02167 CRV and the lowest 24 hour value was 1 CJPY for 0.02003 CRV. Last month, 1 CJPY was worth 0.01904 CRV. Today, it's up 5.28%. Looking back a year, Convertible JPY Token has changed by 0.009545 CRV. That means that in a single year, the value of Convertible JPY Token has grown by 52.52%.
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.
Curve DAO Token Market Stats
Curve (CRV) is an Ethereum token that powers Curve.fi, a decentralized exchange and automated market maker protocol. The protocol is designed to make it easy to swap between ERC-20 tokens, such as stablecoins (like USDC and DAI) and Ethereum-based Bitcoin tokens (like WBTC and renBTC). In order to minimize impermanent loss, most of the protocol’s liquidity pools are made up of similar assets, although in June 2021, it introduced a USDT-WBTC-ETH “tricrypto” pool. The CRV token can be locked for various periods of time (up to 4 years) in order to vote on governance and claim protocol fees as a reward.
Conversion tables
CJPY to CRV values from Today at 12:32 pm
0.5 CJPY = 0.01005 CRV |
1 CJPY = 0.0201 CRV |
5 CJPY = 0.1005 CRV |
10 CJPY = 0.201 CRV |
50 CJPY = 1.01 CRV |
100 CJPY = 2.01 CRV |
500 CJPY = 10.05 CRV |
1,000 CJPY = 20.10 CRV |
CRV to CJPY values from Today at 12:34 pm
0.5 CRV = 24.87 CJPY |
1 CRV = 49.75 CJPY |
5 CRV = 248.74 CJPY |
10 CRV = 497.48 CJPY |
50 CRV = 2,487.40 CJPY |
100 CRV = 4,974.80 CJPY |
500 CRV = 24,873.99 CJPY |
1,000 CRV = 49,747.99 CJPY |
CJPY to CRV over time
CJPY | Today | 24H -6.83% | 1M 5.28% | 1Y 52.52% |
|---|---|---|---|---|
0.5 CJPY | 0.01005 CRV | 0.01074 CRV | 0.00952 CRV | 0.004772 CRV |
1 CJPY | 0.0201 CRV | 0.02147 CRV | 0.01904 CRV | 0.009545 CRV |
5 CJPY | 0.1005 CRV | 0.1074 CRV | 0.0952 CRV | 0.04772 CRV |
10 CJPY | 0.201 CRV | 0.2147 CRV | 0.1904 CRV | 0.09545 CRV |
50 CJPY | 1.01 CRV | 1.07 CRV | 0.952 CRV | 0.4772 CRV |
100 CJPY | 2.01 CRV | 2.15 CRV | 1.90 CRV | 0.9545 CRV |
500 CJPY | 10.05 CRV | 10.74 CRV | 9.52 CRV | 4.77 CRV |
1,000 CJPY | 20.10 CRV | 21.47 CRV | 19.04 CRV | 9.54 CRV |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004179.
Based on the current rate, you could get 239.29 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 1,196.44 CJPY. Inversely, 5 CJPY will cost about $0.0209
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, XRP20, 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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