Convert Convertible JPY Token CJPY to Illuvium ILV
CJPY to ILV: 1 Convertible JPY Token converts to 0.001747 ILV
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About CJPY and ILV
Convertible JPY Token is climbing, while Illuvium is falling this week. The current CJPY to ILV conversion rate is 0.001747. Inversely, this means that if you convert 1 ILV you will get 572.37 CJPY. The conversion rate of CJPY/ILV has decreased by 0.03% in the last hour (ILV/CJPY increased by 0.03%). In the last 24 hours, CJPY/ILV grew by 2.04%, while ILV/CJPY shrunk by 2%.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.001747 ILV. In other words, to buy 5 Convertible JPY Token, it would cost you 0.008736 ILV. Inversely, 1 ILV would allow you to trade for 572.37 CJPY while 50 ILV would convert to 28,618.66 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.63%. Meanwhile, in the last 24 hours, the rate has changed by 1.96%, which means that the highest exchange rate of 1 CJPY to ILV was 0.001759 ILV and the lowest 24 hour value was 1 CJPY for 0.001707 ILV. Last month, 1 CJPY was worth 0.001277 ILV. Today, it's up 36.8%. Looking back a year, Convertible JPY Token has changed by 0.0005805 ILV. That means that in a single year, the value of Convertible JPY Token has grown by 200.97%.
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.
Illuvium Market Stats
ILV is an ERC-20 token used for staking and governance in the Illuvium gaming ecosystem.
Conversion tables
CJPY to ILV values from Today at 8:53 am
0.5 CJPY = 0.0008736 ILV |
1 CJPY = 0.001747 ILV |
5 CJPY = 0.008736 ILV |
10 CJPY = 0.01747 ILV |
50 CJPY = 0.08736 ILV |
100 CJPY = 0.1747 ILV |
500 CJPY = 0.8736 ILV |
1,000 CJPY = 1.75 ILV |
ILV to CJPY values from Today at 8:54 am
0.5 ILV = 286.19 CJPY |
1 ILV = 572.37 CJPY |
5 ILV = 2,861.87 CJPY |
10 ILV = 5,723.73 CJPY |
50 ILV = 28,618.66 CJPY |
100 ILV = 57,237.32 CJPY |
500 ILV = 286,186.61 CJPY |
1,000 ILV = 572,373.21 CJPY |
CJPY to ILV over time
CJPY | Today | 24H 1.93% | 1M 26.90% | 1Y 66.77% |
|---|---|---|---|---|
0.5 CJPY | 0.0008736 ILV | 0.0008567 ILV | 0.0006386 ILV | 0.0002903 ILV |
1 CJPY | 0.001747 ILV | 0.001713 ILV | 0.001277 ILV | 0.0005805 ILV |
5 CJPY | 0.008736 ILV | 0.008567 ILV | 0.006386 ILV | 0.002903 ILV |
10 CJPY | 0.01747 ILV | 0.01713 ILV | 0.01277 ILV | 0.005805 ILV |
50 CJPY | 0.08736 ILV | 0.08567 ILV | 0.06386 ILV | 0.02903 ILV |
100 CJPY | 0.1747 ILV | 0.1713 ILV | 0.1277 ILV | 0.05805 ILV |
500 CJPY | 0.8736 ILV | 0.8567 ILV | 0.6386 ILV | 0.2903 ILV |
1,000 CJPY | 1.75 ILV | 1.71 ILV | 1.28 ILV | 0.5805 ILV |
Frequently asked questions
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