Convert Convertible JPY Token CJPY to Guyanese Dollar GYD
CJPY to GYD: 1 Convertible JPY Token converts to GYD 0.8965 GYD as of July 14 at 6:24 AM
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About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is GYD 0.8965 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of GYD 192,352,527.99. The amount of Convertible JPY Token traded has risen by GYD 266,954.84 in the last 24 hours, which is a 55.22% increase. Additionally, in the last day, GYD 483,403.62 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is GYD 0.8965 GYD. In other words, to buy 5 Convertible JPY Token, it would cost you GYD 4.4826 GYD. Inversely, GYD 1.00 GYD would allow you to trade for 1.12 CJPY while GYD 50.00 GYD would convert to 55.77 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.91%. Meanwhile, in the last 24 hours, the rate has changed by 1.42%, and that the highest exchange rate of 1 CJPY to GYD was GYD 0.9316 GYD and the lowest 24 hour value was 1 CJPY for GYD 0.8914 GYD. Last month, 1 CJPY was worth GYD 0.8871 GYD. Today, it's up 3.16%. Looking back a year, Convertible JPY Token has changed by GYD 1.30 GYD. That means that in a single year, the value of Convertible JPY Token has shrank by 29.63%.
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 GYD values from Today at 6:24 am
0.5 CJPY = GYD 0.4483 GYD |
1 CJPY = GYD 0.8965 GYD |
5 CJPY = GYD 4.48 GYD |
10 CJPY = GYD 8.97 GYD |
50 CJPY = GYD 44.83 GYD |
100 CJPY = GYD 89.65 GYD |
500 CJPY = GYD 448.26 GYD |
1,000 CJPY = GYD 896.51 GYD |
GYD to CJPY values from Today at
GYD 0.50 GYD = 0.5577 CJPY |
GYD 1.00 GYD = 1.12 CJPY |
GYD 5.00 GYD = 5.58 CJPY |
GYD 10.00 GYD = 11.15 CJPY |
GYD 50.00 GYD = 55.77 CJPY |
GYD 100.00 GYD = 111.54 CJPY |
GYD 500.00 GYD = 557.72 CJPY |
GYD 1,000.00 GYD = 1,115.43 CJPY |
CJPY to GYD over time
CJPY | Today | 24H -3.89% | 1M 1.05% | 1Y -45.11% |
|---|---|---|---|---|
0.5 CJPY | GYD 0.4483 GYD | GYD 0.4657 GYD | GYD 0.4436 GYD | GYD 0.6505 GYD |
1 CJPY | GYD 0.8965 GYD | GYD 0.9314 GYD | GYD 0.8871 GYD | GYD 1.30 GYD |
5 CJPY | GYD 4.48 GYD | GYD 4.66 GYD | GYD 4.44 GYD | GYD 6.50 GYD |
10 CJPY | GYD 8.97 GYD | GYD 9.31 GYD | GYD 8.87 GYD | GYD 13.01 GYD |
50 CJPY | GYD 44.83 GYD | GYD 46.57 GYD | GYD 44.36 GYD | GYD 65.05 GYD |
100 CJPY | GYD 89.65 GYD | GYD 93.14 GYD | GYD 88.71 GYD | GYD 130.09 GYD |
500 CJPY | GYD 448.26 GYD | GYD 465.68 GYD | GYD 443.55 GYD | GYD 650.47 GYD |
1,000 CJPY | GYD 896.51 GYD | GYD 931.36 GYD | GYD 887.10 GYD | GYD 1,300.93 GYD |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about GYD 0.8965.
Based on the current rate, you could get 1.12 CJPY for 1 GYD.
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 increased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to GYD calculator at the top of this page to convert any amount of CJPY to GYD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GYD is equivalent to 5.58 CJPY. Inversely, 5 CJPY will cost about GYD 4.48
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 JennyCo. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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Create a Coinbase account to buy and sell Convertible JPY Token on the most secure crypto exchange.
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