Convert Convertible JPY Token CJPY to Ethereum Classic ETC
1 CJPY converts to 0.0005855 ETC
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About CJPY and ETC
Convertible JPY Token is climbing, while Ethereum Classic is falling this week. The current CJPY to ETC conversion rate is 0.0005855. Inversely, this means that if you convert 1 ETC you will get 1,707.91 CJPY. The conversion rate of CJPY/ETC has increased by 0.95% in the last hour (ETC/CJPY decreased by 0.95%). In the last 24 hours, CJPY/ETC grew by 5.64%, while ETC/CJPY shrunk by the same amount.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.0005855 ETC. In other words, to buy 5 Convertible JPY Token, it would cost you 0.0029276 ETC. Inversely, 1 ETC would allow you to trade for 1,707.91 CJPY while 50 ETC would convert to 85,395.30 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.29%. Meanwhile, in the last 24 hours, the rate has changed by 5.67%, which means that the highest exchange rate of 1 CJPY to ETC was 0.0005874 ETC and the lowest 24 hour value was 1 CJPY for 0.0005509 ETC. Last month, 1 CJPY was worth 0.0006249 ETC. Today, it's down 6.73%. Looking back a year, Convertible JPY Token has changed by 0.0003659 ETC. That means that in a single year, the value of Convertible JPY Token has grown by 37.5%.
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.
Ethereum Classic Market Stats
Ethereum Classic is a cryptocurrency with a special focus on immutability, popularly expressed as “code is law.”
Conversion tables
CJPY to ETC values from Today at 8:25 am
0.5 CJPY = 0.0002928 ETC |
1 CJPY = 0.0005855 ETC |
5 CJPY = 0.002928 ETC |
10 CJPY = 0.005855 ETC |
50 CJPY = 0.02928 ETC |
100 CJPY = 0.05855 ETC |
500 CJPY = 0.2928 ETC |
1,000 CJPY = 0.5855 ETC |
ETC to CJPY values from Today at 8:28 am
0.5 ETC = 853.95 CJPY |
1 ETC = 1,707.91 CJPY |
5 ETC = 8,539.53 CJPY |
10 ETC = 17,079.06 CJPY |
50 ETC = 85,395.30 CJPY |
100 ETC = 170,790.59 CJPY |
500 ETC = 853,952.95 CJPY |
1,000 ETC = 1,707,905.90 CJPY |
CJPY to ETC over time
CJPY | Today | 24H 5.67% | 1M -6.73% | 1Y 37.50% |
|---|---|---|---|---|
0.5 CJPY | 0.0002928 ETC | 0.0002761 ETC | 0.0003125 ETC | 0.000183 ETC |
1 CJPY | 0.0005855 ETC | 0.0005523 ETC | 0.0006249 ETC | 0.0003659 ETC |
5 CJPY | 0.002928 ETC | 0.002761 ETC | 0.003125 ETC | 0.00183 ETC |
10 CJPY | 0.005855 ETC | 0.005523 ETC | 0.006249 ETC | 0.003659 ETC |
50 CJPY | 0.02928 ETC | 0.02761 ETC | 0.03125 ETC | 0.0183 ETC |
100 CJPY | 0.05855 ETC | 0.05523 ETC | 0.06249 ETC | 0.03659 ETC |
500 CJPY | 0.2928 ETC | 0.2761 ETC | 0.3125 ETC | 0.183 ETC |
1,000 CJPY | 0.5855 ETC | 0.5523 ETC | 0.6249 ETC | 0.3659 ETC |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004321.
Based on the current rate, you could get 231.42 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 1,157.12 CJPY. Inversely, 5 CJPY will cost about $0.02161
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 POM, 00 Token, and Jewelry Token. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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