Convert Convertible JPY Token CJPY to Pharos PROS
1 CJPY converts to 0.007026 PROS
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About CJPY and PROS
Convertible JPY Token is falling, while Pharos is climbing this week. The current CJPY to PROS conversion rate is 0.007026. Inversely, this means that if you convert 1 PROS you will get 142.34 CJPY. The conversion rate of CJPY/PROS has decreased by 0.19% in the last hour (PROS/CJPY increased by 0.19%). In the last 24 hours, CJPY/PROS shrunk by 1.07%, while PROS/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.007026 PROS. In other words, to buy 5 Convertible JPY Token, it would cost you 0.035128 PROS. Inversely, 1 PROS would allow you to trade for 142.34 CJPY while 50 PROS would convert to 7,116.92 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.71%. Meanwhile, in the last 24 hours, the rate has changed by 0.7%, and that the highest exchange rate of 1 CJPY to PROS was 0.007499 PROS and the lowest 24 hour value was 1 CJPY for 0.006706 PROS. Last month, 1 CJPY was worth 0.00825 PROS. Today, it's down 17.43%. Looking back a year, Convertible JPY Token has changed by 0.00004408 PROS. That means that in a single year, the value of Convertible JPY Token has grown by 99.37%.
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.
Pharos Market Stats
Pharos is the s financial Layer 1 for RealFi, where real value and institutional-grade assets circulate onchain and are composable with decentralized assets, becoming the new infrastructure of global finance for all. Pharos combines modular architecture, deep-parallel execution, and built-in compliance to power real-time finance onchain. Built by the leadership and engineers from Ant Group, the project is backed by Hack VC, Faction VC, and other global TradFi investors.
Conversion tables
CJPY to PROS values from Today at 10:28 pm
0.5 CJPY = 0.003513 PROS |
1 CJPY = 0.007026 PROS |
5 CJPY = 0.03513 PROS |
10 CJPY = 0.07026 PROS |
50 CJPY = 0.3513 PROS |
100 CJPY = 0.7026 PROS |
500 CJPY = 3.51 PROS |
1,000 CJPY = 7.03 PROS |
PROS to CJPY values from Today at 10:29 pm
0.5 PROS = 71.17 CJPY |
1 PROS = 142.34 CJPY |
5 PROS = 711.69 CJPY |
10 PROS = 1,423.38 CJPY |
50 PROS = 7,116.92 CJPY |
100 PROS = 14,233.85 CJPY |
500 PROS = 71,169.25 CJPY |
1,000 PROS = 142,338.49 CJPY |
CJPY to PROS over time
CJPY | Today | 24H 0.70% | 1M -17.43% | 1Y 99.37% |
|---|---|---|---|---|
0.5 CJPY | 0.003513 PROS | 0.003488 PROS | 0.004125 PROS | 0.00002204 PROS |
1 CJPY | 0.007026 PROS | 0.006976 PROS | 0.00825 PROS | 0.00004408 PROS |
5 CJPY | 0.03513 PROS | 0.03488 PROS | 0.04125 PROS | 0.0002204 PROS |
10 CJPY | 0.07026 PROS | 0.06976 PROS | 0.0825 PROS | 0.0004408 PROS |
50 CJPY | 0.3513 PROS | 0.3488 PROS | 0.4125 PROS | 0.002204 PROS |
100 CJPY | 0.7026 PROS | 0.6976 PROS | 0.825 PROS | 0.004408 PROS |
500 CJPY | 3.51 PROS | 3.49 PROS | 4.12 PROS | 0.02204 PROS |
1,000 CJPY | 7.03 PROS | 6.98 PROS | 8.25 PROS | 0.04408 PROS |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004254.
Based on the current rate, you could get 235.10 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 1,175.48 CJPY. Inversely, 5 CJPY will cost about $0.02127
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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