Convert Convertible JPY Token CJPY to Chainlink LINK
1 CJPY converts to 0.0005139 LINK
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About CJPY and LINK
Convertible JPY Token is falling, while Chainlink is climbing this week. The current CJPY to LINK conversion rate is 0.0005139. Inversely, this means that if you convert 1 LINK you will get 1,945.96 CJPY. The conversion rate of CJPY/LINK has increased by 0.29% in the last hour (LINK/CJPY decreased by 0.29%). In the last 24 hours, CJPY/LINK shrunk by 1.48%, while LINK/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.0005139 LINK. In other words, to buy 5 Convertible JPY Token, it would cost you 0.0025694 LINK. Inversely, 1 LINK would allow you to trade for 1,945.96 CJPY while 50 LINK would convert to 97,298.15 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.08%. Meanwhile, in the last 24 hours, the rate has changed by 1.78%, which means that the highest exchange rate of 1 CJPY to LINK was 0.0005293 LINK and the lowest 24 hour value was 1 CJPY for 0.0005076 LINK. Last month, 1 CJPY was worth 0.0005802 LINK. Today, it's down 12.91%. Looking back a year, Convertible JPY Token has changed by 0.0004465 LINK. That means that in a single year, the value of Convertible JPY Token has grown by 13.11%.
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.
Chainlink Market Stats
Chainlink is an oracle platform bringing the capital markets onchain and powering decentralized finance, featuring a novel fee model where offchain and onchain revenue from Chainlink adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Conversion tables
CJPY to LINK values from Today at 11:34 pm
0.5 CJPY = 0.0002569 LINK |
1 CJPY = 0.0005139 LINK |
5 CJPY = 0.002569 LINK |
10 CJPY = 0.005139 LINK |
50 CJPY = 0.02569 LINK |
100 CJPY = 0.05139 LINK |
500 CJPY = 0.2569 LINK |
1,000 CJPY = 0.5139 LINK |
LINK to CJPY values from Today at 11:36 pm
0.5 LINK = 972.98 CJPY |
1 LINK = 1,945.96 CJPY |
5 LINK = 9,729.82 CJPY |
10 LINK = 19,459.63 CJPY |
50 LINK = 97,298.15 CJPY |
100 LINK = 194,596.31 CJPY |
500 LINK = 972,981.54 CJPY |
1,000 LINK = 1,945,963.07 CJPY |
CJPY to LINK over time
CJPY | Today | 24H -1.78% | 1M -12.91% | 1Y 13.11% |
|---|---|---|---|---|
0.5 CJPY | 0.0002569 LINK | 0.0002615 LINK | 0.0002901 LINK | 0.0002233 LINK |
1 CJPY | 0.0005139 LINK | 0.000523 LINK | 0.0005802 LINK | 0.0004465 LINK |
5 CJPY | 0.002569 LINK | 0.002615 LINK | 0.002901 LINK | 0.002233 LINK |
10 CJPY | 0.005139 LINK | 0.00523 LINK | 0.005802 LINK | 0.004465 LINK |
50 CJPY | 0.02569 LINK | 0.02615 LINK | 0.02901 LINK | 0.02233 LINK |
100 CJPY | 0.05139 LINK | 0.0523 LINK | 0.05802 LINK | 0.04465 LINK |
500 CJPY | 0.2569 LINK | 0.2615 LINK | 0.2901 LINK | 0.2233 LINK |
1,000 CJPY | 0.5139 LINK | 0.523 LINK | 0.5802 LINK | 0.4465 LINK |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004295.
Based on the current rate, you could get 232.83 CJPY for 1 USD.
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 decreased. 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 1,164.13 CJPY. Inversely, 5 CJPY will cost about $0.02148
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 Fine, XRP20, and BNBcat. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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