Convert Convertible JPY Token CJPY to Kuwaiti Dinar KWD
CJPY to KWD: 1 Convertible JPY Token converts to KWD 0.001422 KWD as of July 16 at 1:13 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 KWD 0.001422 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of KWD 299,645.68. The amount of Convertible JPY Token traded has fallen by -KWD 36.942 in the last 24 hours, which is a 10.65% decrease. Additionally, in the last day, KWD 346.731 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is KWD 0.001422 KWD. In other words, to buy 5 Convertible JPY Token, it would cost you KWD 0.007112 KWD. Inversely, KWD 1.000 KWD would allow you to trade for 703.04 CJPY while KWD 50.000 KWD would convert to 35,151.89 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.63%. Meanwhile, in the last 24 hours, the rate has changed by 1.33%, which means that the highest exchange rate of 1 CJPY to KWD was KWD 0.001444 KWD and the lowest 24 hour value was 1 CJPY for KWD 0.001415 KWD. Last month, 1 CJPY was worth KWD 0.001352 KWD. Today, it's up 5.1%. Looking back a year, Convertible JPY Token has changed by KWD 0.001931 KWD. That means that in a single year, the value of Convertible JPY Token has shrank by 27.09%.
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 KWD values from Today at 1:13 pm
0.5 CJPY = KWD 0.0007112 KWD |
1 CJPY = KWD 0.001422 KWD |
5 CJPY = KWD 0.007112 KWD |
10 CJPY = KWD 0.01422 KWD |
50 CJPY = KWD 0.07112 KWD |
100 CJPY = KWD 0.1422 KWD |
500 CJPY = KWD 0.7112 KWD |
1,000 CJPY = KWD 1.42 KWD |
KWD to CJPY values from Today at
KWD 0.500 KWD = 351.52 CJPY |
KWD 1.000 KWD = 703.04 CJPY |
KWD 5.000 KWD = 3,515.19 CJPY |
KWD 10.000 KWD = 7,030.38 CJPY |
KWD 50.000 KWD = 35,151.89 CJPY |
KWD 100.000 KWD = 70,303.78 CJPY |
KWD 500.000 KWD = 351,518.89 CJPY |
KWD 1,000.000 KWD = 703,037.79 CJPY |
CJPY to KWD over time
CJPY | Today | 24H -1.47% | 1M 4.94% | 1Y -35.79% |
|---|---|---|---|---|
0.5 CJPY | KWD 0.0007112 KWD | KWD 0.0007217 KWD | KWD 0.0006761 KWD | KWD 0.0009657 KWD |
1 CJPY | KWD 0.001422 KWD | KWD 0.001443 KWD | KWD 0.001352 KWD | KWD 0.001931 KWD |
5 CJPY | KWD 0.007112 KWD | KWD 0.007217 KWD | KWD 0.006761 KWD | KWD 0.009657 KWD |
10 CJPY | KWD 0.01422 KWD | KWD 0.01443 KWD | KWD 0.01352 KWD | KWD 0.01931 KWD |
50 CJPY | KWD 0.07112 KWD | KWD 0.07217 KWD | KWD 0.06761 KWD | KWD 0.09657 KWD |
100 CJPY | KWD 0.1422 KWD | KWD 0.1443 KWD | KWD 0.1352 KWD | KWD 0.1931 KWD |
500 CJPY | KWD 0.7112 KWD | KWD 0.7217 KWD | KWD 0.6761 KWD | KWD 0.9657 KWD |
1,000 CJPY | KWD 1.42 KWD | KWD 1.44 KWD | KWD 1.35 KWD | KWD 1.93 KWD |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about KWD 0.001422.
Based on the current rate, you could get 703.04 CJPY for 1 KWD.
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 KWD calculator at the top of this page to convert any amount of CJPY to KWD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 KWD is equivalent to 3,515.19 CJPY. Inversely, 5 CJPY will cost about KWD 0.007112
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, XRP20, and Fine. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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.