Convert Convertible JPY Token CJPY to PEANUT PEANUT
CJPY to PEANUT: 1 Convertible JPY Token converts to 3,026.13 PEANUT
About CJPY and PEANUT
Convertible JPY Token is climbing, while PEANUT is falling this week. The current CJPY to PEANUT conversion rate is 3,026.13. Inversely, this means that if you convert 1 PEANUT you will get 0.0003305 CJPY. The conversion rate of CJPY/PEANUT has increased by 0.01% in the last hour (PEANUT/CJPY decreased by 0.01%). In the last 24 hours, CJPY/PEANUT grew by 0.65%, while PEANUT/CJPY shrunk by 0.64%.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 3,026.13 PEANUT. In other words, to buy 5 Convertible JPY Token, it would cost you 15,130.67 PEANUT. Inversely, 1 PEANUT would allow you to trade for 0.0003305 CJPY while 50 PEANUT would convert to 0.01652 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 59,725,264.97%. Meanwhile, in the last 24 hours, the rate has changed by 60,571,616.43%, which means that the highest exchange rate of 1 CJPY to PEANUT was 0.005036 PEANUT and the lowest 24 hour value was 1 CJPY for 0.004989 PEANUT. Last month, 1 CJPY was worth 0.005189 PEANUT. Today, it's up 58,318,498.49%. Looking back a year, Convertible JPY Token has changed by 1,648.88 PEANUT. That means that in a single year, the value of Convertible JPY Token has grown by 83.53%.
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.
PEANUT Market Stats
Conversion tables
CJPY to PEANUT values from Today at 6:44 am
0.5 CJPY = 1,513.07 PEANUT |
1 CJPY = 3,026.13 PEANUT |
5 CJPY = 15,130.67 PEANUT |
10 CJPY = 30,261.35 PEANUT |
50 CJPY = 151,306.74 PEANUT |
100 CJPY = 302,613.48 PEANUT |
500 CJPY = 1,513,067.42 PEANUT |
1,000 CJPY = 3,026,134.85 PEANUT |
PEANUT to CJPY values from Today at 3:08 pm
0.5 PEANUT = 0.0001652 CJPY |
1 PEANUT = 0.0003305 CJPY |
5 PEANUT = 0.001652 CJPY |
10 PEANUT = 0.003305 CJPY |
50 PEANUT = 0.01652 CJPY |
100 PEANUT = 0.03305 CJPY |
500 PEANUT = 0.1652 CJPY |
1,000 PEANUT = 0.3305 CJPY |
CJPY to PEANUT over time
CJPY | Today | 24H 100.00% | 1M 100.00% | 1Y 45.51% |
|---|---|---|---|---|
0.5 CJPY | 1,513.07 PEANUT | 0.002498 PEANUT | 0.002594 PEANUT | 824.44 PEANUT |
1 CJPY | 3,026.13 PEANUT | 0.004996 PEANUT | 0.005189 PEANUT | 1,648.88 PEANUT |
5 CJPY | 15,130.67 PEANUT | 0.02498 PEANUT | 0.02594 PEANUT | 8,244.39 PEANUT |
10 CJPY | 30,261.35 PEANUT | 0.04996 PEANUT | 0.05189 PEANUT | 16,488.77 PEANUT |
50 CJPY | 151,306.74 PEANUT | 0.2498 PEANUT | 0.2594 PEANUT | 82,443.87 PEANUT |
100 CJPY | 302,613.48 PEANUT | 0.4996 PEANUT | 0.5189 PEANUT | 164,887.73 PEANUT |
500 CJPY | 1,513,067.42 PEANUT | 2.50 PEANUT | 2.59 PEANUT | 824,438.67 PEANUT |
1,000 CJPY | 3,026,134.85 PEANUT | 5.00 PEANUT | 5.19 PEANUT | 1,648,877.33 PEANUT |
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