Convert Convertible JPY Token CJPY to Fijian Dollar FJD
CJPY to FJD: 1 Convertible JPY Token converts to FJD 0.01156 FJD as of September 23 at 2:40 PM
Buy Convertible JPY Token with Coinbase Wallet
Create a Coinbase account to buy and sell Convertible JPY Token on the most secure crypto exchange.
About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is FJD 0.01156 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of FJD 2,457,294.46. The amount of Convertible JPY Token traded has fallen by -FJD 3,295.93 in the last 24 hours, which is a 25.18% decrease. Additionally, in the last day, FJD 13,087.40 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is FJD 0.01156 FJD. In other words, to buy 5 Convertible JPY Token, it would cost you FJD 0.05779 FJD. Inversely, FJD 1.00 FJD would allow you to trade for 86.53 CJPY while FJD 50.00 FJD would convert to 4,326.38 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.52%. Meanwhile, in the last 24 hours, the rate has changed by 0.15%, which means that the highest exchange rate of 1 CJPY to FJD was FJD 0.01161 FJD and the lowest 24 hour value was 1 CJPY for FJD 0.01147 FJD. Last month, 1 CJPY was worth FJD 0.01127 FJD. Today, it's up 0.07%. Looking back a year, Convertible JPY Token has changed by FJD 0.01246 FJD. That means that in a single year, the value of Convertible JPY Token has shrank by 6.84%.
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 FJD values from Today at 2:40 pm
0.5 CJPY = FJD 0.005779 FJD |
1 CJPY = FJD 0.01156 FJD |
5 CJPY = FJD 0.05779 FJD |
10 CJPY = FJD 0.1156 FJD |
50 CJPY = FJD 0.5779 FJD |
100 CJPY = FJD 1.16 FJD |
500 CJPY = FJD 5.78 FJD |
1,000 CJPY = FJD 11.56 FJD |
FJD to CJPY values from Today at
FJD 0.50 FJD = 43.26 CJPY |
FJD 1.00 FJD = 86.53 CJPY |
FJD 5.00 FJD = 432.64 CJPY |
FJD 10.00 FJD = 865.28 CJPY |
FJD 50.00 FJD = 4,326.38 CJPY |
FJD 100.00 FJD = 8,652.75 CJPY |
FJD 500.00 FJD = 43,263.76 CJPY |
FJD 1,000.00 FJD = 86,527.53 CJPY |
CJPY to FJD over time
CJPY | Today | 24H 0.21% | 1M 2.47% | 1Y -7.84% |
|---|---|---|---|---|
0.5 CJPY | FJD 0.005779 FJD | FJD 0.005766 FJD | FJD 0.005636 FJD | FJD 0.006231 FJD |
1 CJPY | FJD 0.01156 FJD | FJD 0.01153 FJD | FJD 0.01127 FJD | FJD 0.01246 FJD |
5 CJPY | FJD 0.05779 FJD | FJD 0.05766 FJD | FJD 0.05636 FJD | FJD 0.06231 FJD |
10 CJPY | FJD 0.1156 FJD | FJD 0.1153 FJD | FJD 0.1127 FJD | FJD 0.1246 FJD |
50 CJPY | FJD 0.5779 FJD | FJD 0.5766 FJD | FJD 0.5636 FJD | FJD 0.6231 FJD |
100 CJPY | FJD 1.16 FJD | FJD 1.15 FJD | FJD 1.13 FJD | FJD 1.25 FJD |
500 CJPY | FJD 5.78 FJD | FJD 5.77 FJD | FJD 5.64 FJD | FJD 6.23 FJD |
1,000 CJPY | FJD 11.56 FJD | FJD 11.53 FJD | FJD 11.27 FJD | FJD 12.46 FJD |
Frequently asked questions
Buy Convertible JPY Token with Coinbase Wallet
Create a Coinbase account to buy and sell Convertible JPY Token on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.