Convert Convertible JPY Token CJPY to Shadow Token SHDW

CJPY to SHDW: 1 Convertible JPY Token converts to 0.1984 SHDW

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About CJPY and SHDW

Convertible JPY Token is falling, while Shadow Token is climbing this week. The current CJPY to SHDW conversion rate is 0.1984. Inversely, this means that if you convert 1 SHDW you will get 5.04 CJPY. The conversion rate of CJPY/SHDW has increased by 0.71% in the last hour (SHDW/CJPY decreased by 0.71%). In the last 24 hours, CJPY/SHDW shrunk by 0.98%, while SHDW/CJPY grew by the same amount.

The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.1984 SHDW. In other words, to buy 5 Convertible JPY Token, it would cost you 0.9918 SHDW. Inversely, 1 SHDW would allow you to trade for 5.04 CJPY while 50 SHDW would convert to 252.07 CJPY, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 5.36%. Meanwhile, in the last 24 hours, the rate has changed by 0.91%, which means that the highest exchange rate of 1 CJPY to SHDW was 0.2041 SHDW and the lowest 24 hour value was 1 CJPY for 0.1972 SHDW. Last month, 1 CJPY was worth 0.161 SHDW. Today, it's up 18.86%. Looking back a year, Convertible JPY Token has changed by 0.07112 SHDW. That means that in a single year, the value of Convertible JPY Token has grown by 64.15%.

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.

$0.004253Price
$901.86KMarket cap
$1.16KVolume (24h)
212.6M CJPYCir. Supply

Shadow Token Market Stats

The Shadow ecosystem is a decentralized physical infrastructure network developed by GenesysGo. Shadow’s infrastructure layers include a decentralized data storage layer called Shadow Drive. SHDW tokens are used to pay for data storage on Shadow Drive.

$0.02144Price
$3.63MMarket cap
$9.17KVolume (24h)
169.1M SHDWCir. Supply

Conversion tables

CJPY to SHDW values from Today at 3:10 pm

0.5 CJPY = 0.09918 SHDW
1 CJPY = 0.1984 SHDW
5 CJPY = 0.9918 SHDW
10 CJPY = 1.98 SHDW
50 CJPY = 9.92 SHDW
100 CJPY = 19.84 SHDW
500 CJPY = 99.18 SHDW
1,000 CJPY = 198.36 SHDW

SHDW to CJPY values from Today at 3:13 pm

0.5 SHDW = 2.52 CJPY
1 SHDW = 5.04 CJPY
5 SHDW = 25.21 CJPY
10 SHDW = 50.41 CJPY
50 SHDW = 252.07 CJPY
100 SHDW = 504.14 CJPY
500 SHDW = 2,520.68 CJPY
1,000 SHDW = 5,041.37 CJPY

CJPY to SHDW over time

CJPY
Today
24H
-0.91%
1M
18.86%
1Y
64.15%
0.5 CJPY
0.09918 SHDW
0.1001 SHDW
0.08048 SHDW
0.03556 SHDW
1 CJPY
0.1984 SHDW
0.2002 SHDW
0.161 SHDW
0.07112 SHDW
5 CJPY
0.9918 SHDW
1.00 SHDW
0.8048 SHDW
0.3556 SHDW
10 CJPY
1.98 SHDW
2.00 SHDW
1.61 SHDW
0.7112 SHDW
50 CJPY
9.92 SHDW
10.01 SHDW
8.05 SHDW
3.56 SHDW
100 CJPY
19.84 SHDW
20.02 SHDW
16.10 SHDW
7.11 SHDW
500 CJPY
99.18 SHDW
100.09 SHDW
80.48 SHDW
35.56 SHDW
1,000 CJPY
198.36 SHDW
200.17 SHDW
160.96 SHDW
71.12 SHDW

Frequently asked questions

Right now, 1 Convertible JPY Token is worth about $0.004253.

Based on the current rate, you could get 235.14 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 1,175.69 CJPY. Inversely, 5 CJPY will cost about $0.02126

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 AI PIN, BNBcat, and BaseX. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.

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