Convert Convertible JPY Token CJPY to GateToken GT
CJPY to GT: 1 Convertible JPY Token converts to 0.0005152 GT
About CJPY and GT
Convertible JPY Token is falling, while GateToken is climbing this week. The current CJPY to GT conversion rate is 0.0005152. Inversely, this means that if you convert 1 GT you will get 1,940.86 CJPY. The conversion rate of CJPY/GT has increased by 0.35% in the last hour (GT/CJPY decreased by 0.35%). In the last 24 hours, CJPY/GT shrunk by 3%, while GT/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.0005152 GT. In other words, to buy 5 Convertible JPY Token, it would cost you 0.0025762 GT. Inversely, 1 GT would allow you to trade for 1,940.86 CJPY while 50 GT would convert to 97,043.14 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.86%. Meanwhile, in the last 24 hours, the rate has changed by 3.02%, and that the highest exchange rate of 1 CJPY to GT was 0.0005333 GT and the lowest 24 hour value was 1 CJPY for 0.0005086 GT. Last month, 1 CJPY was worth 0.0006757 GT. Today, it's down 31.14%. Looking back a year, Convertible JPY Token has changed by 0.001012 GT. That means that in a single year, the value of Convertible JPY Token has shrank by 96.49%.
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.
GateToken Market Stats
Conversion tables
CJPY to GT values from Today at 8:49 am
0.5 CJPY = 0.0002576 GT |
1 CJPY = 0.0005152 GT |
5 CJPY = 0.002576 GT |
10 CJPY = 0.005152 GT |
50 CJPY = 0.02576 GT |
100 CJPY = 0.05152 GT |
500 CJPY = 0.2576 GT |
1,000 CJPY = 0.5152 GT |
GT to CJPY values from Today at 8:50 am
0.5 GT = 970.43 CJPY |
1 GT = 1,940.86 CJPY |
5 GT = 9,704.31 CJPY |
10 GT = 19,408.63 CJPY |
50 GT = 97,043.14 CJPY |
100 GT = 194,086.28 CJPY |
500 GT = 970,431.38 CJPY |
1,000 GT = 1,940,862.76 CJPY |
CJPY to GT over time
CJPY | Today | 24H -3.02% | 1M -31.14% | 1Y -96.49% |
|---|---|---|---|---|
0.5 CJPY | 0.0002576 GT | 0.0002654 GT | 0.0003378 GT | 0.0005062 GT |
1 CJPY | 0.0005152 GT | 0.0005308 GT | 0.0006757 GT | 0.001012 GT |
5 CJPY | 0.002576 GT | 0.002654 GT | 0.003378 GT | 0.005062 GT |
10 CJPY | 0.005152 GT | 0.005308 GT | 0.006757 GT | 0.01012 GT |
50 CJPY | 0.02576 GT | 0.02654 GT | 0.03378 GT | 0.05062 GT |
100 CJPY | 0.05152 GT | 0.05308 GT | 0.06757 GT | 0.1012 GT |
500 CJPY | 0.2576 GT | 0.2654 GT | 0.3378 GT | 0.5062 GT |
1,000 CJPY | 0.5152 GT | 0.5308 GT | 0.6757 GT | 1.01 GT |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.005188.
Based on the current rate, you could get 192.77 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 increased. 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 963.83 CJPY. Inversely, 5 CJPY will cost about $0.02594
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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