Convert Convertible JPY Token CJPY to Liquid Staked ETH LSETH
CJPY to LSETH: 1 Convertible JPY Token converts to 0.000002389 LSETH
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About CJPY and LSETH
Convertible JPY Token is climbing, while Liquid Staked ETH is falling this week. The current CJPY to LSETH conversion rate is 0.000002389. Inversely, this means that if you convert 1 LSETH you will get 418,649.03 CJPY. The conversion rate of CJPY/LSETH has decreased by 0.06% in the last hour (LSETH/CJPY increased by 0.06%). In the last 24 hours, CJPY/LSETH grew by 11.89%, while LSETH/CJPY shrunk by the same amount.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.000002389 LSETH. In other words, to buy 5 Convertible JPY Token, it would cost you 0.000011943 LSETH. Inversely, 1 LSETH would allow you to trade for 418,649.03 CJPY while 50 LSETH would convert to 20,932,451.60 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11.94%. Meanwhile, in the last 24 hours, the rate has changed by 10.63%, which means that the highest exchange rate of 1 CJPY to LSETH was 0.000002394 LSETH and the lowest 24 hour value was 1 CJPY for 0.000002134 LSETH. Last month, 1 CJPY was worth 0.000001947 LSETH. Today, it's up 18.5%. Looking back a year, Convertible JPY Token has changed by 0.000002225 LSETH. That means that in a single year, the value of Convertible JPY Token has grown by 6.87%.
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.
Liquid Staked ETH Market Stats
LsETH is an ERC-20 token that represents ETH staked through Liquid Collective’s liquid staking protocol. The protocol aims to offer deep liquidity, while utilizing an enterprise-grade validator set.
Conversion tables
CJPY to LSETH values from Today at 7:42 pm
0.5 CJPY = 0.000001194 LSETH |
1 CJPY = 0.000002389 LSETH |
5 CJPY = 0.00001194 LSETH |
10 CJPY = 0.00002389 LSETH |
50 CJPY = 0.0001194 LSETH |
100 CJPY = 0.0002389 LSETH |
500 CJPY = 0.001194 LSETH |
1,000 CJPY = 0.002389 LSETH |
LSETH to CJPY values from Today at 7:44 pm
0.5 LSETH = 209,324.52 CJPY |
1 LSETH = 418,649.03 CJPY |
5 LSETH = 2,093,245.16 CJPY |
10 LSETH = 4,186,490.32 CJPY |
50 LSETH = 20,932,451.60 CJPY |
100 LSETH = 41,864,903.19 CJPY |
500 LSETH = 209,324,515.96 CJPY |
1,000 LSETH = 418,649,031.92 CJPY |
CJPY to LSETH over time
CJPY | Today | 24H 10.63% | 1M 18.50% | 1Y 6.87% |
|---|---|---|---|---|
0.5 CJPY | 0.000001194 LSETH | 0.000001067 LSETH | 0.0000009734 LSETH | 0.000001112 LSETH |
1 CJPY | 0.000002389 LSETH | 0.000002135 LSETH | 0.000001947 LSETH | 0.000002225 LSETH |
5 CJPY | 0.00001194 LSETH | 0.00001067 LSETH | 0.000009734 LSETH | 0.00001112 LSETH |
10 CJPY | 0.00002389 LSETH | 0.00002135 LSETH | 0.00001947 LSETH | 0.00002225 LSETH |
50 CJPY | 0.0001194 LSETH | 0.0001067 LSETH | 0.00009734 LSETH | 0.0001112 LSETH |
100 CJPY | 0.0002389 LSETH | 0.0002135 LSETH | 0.0001947 LSETH | 0.0002225 LSETH |
500 CJPY | 0.001194 LSETH | 0.001067 LSETH | 0.0009734 LSETH | 0.001112 LSETH |
1,000 CJPY | 0.002389 LSETH | 0.002135 LSETH | 0.001947 LSETH | 0.002225 LSETH |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.00413.
Based on the current rate, you could get 242.13 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 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 1,210.63 CJPY. Inversely, 5 CJPY will cost about $0.02065
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, BaseX, 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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