Convert Convertible JPY Token CJPY to Saint Helenian Pound SHP
CJPY to SHP: 1 Convertible JPY Token converts to SHP 0.003797 SHP as of August 28 at 1:09 AM
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About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is SHP 0.003797 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of SHP 807,271.73. The amount of Convertible JPY Token traded has risen by SHP 2,626.84 in the last 24 hours, which is a 102.44% increase. Additionally, in the last day, SHP 2,564.21 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is SHP 0.003797 SHP. In other words, to buy 5 Convertible JPY Token, it would cost you SHP 0.018983 SHP. Inversely, SHP 1.00 SHP would allow you to trade for 263.39 CJPY while SHP 50.00 SHP would convert to 13,169.35 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.71%. Meanwhile, in the last 24 hours, the rate has changed by 0.29%, which means that the highest exchange rate of 1 CJPY to SHP was SHP 0.003852 SHP and the lowest 24 hour value was 1 CJPY for SHP 0.003791 SHP. Last month, 1 CJPY was worth SHP 0.003359 SHP. Today, it's up 16.3%. Looking back a year, Convertible JPY Token has changed by SHP 0.004583 SHP. That means that in a single year, the value of Convertible JPY Token has shrank by 16.1%.
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.
Conversion tables
CJPY to SHP values from Today at 1:09 am
0.5 CJPY = SHP 0.001898 SHP |
1 CJPY = SHP 0.003797 SHP |
5 CJPY = SHP 0.01898 SHP |
10 CJPY = SHP 0.03797 SHP |
50 CJPY = SHP 0.1898 SHP |
100 CJPY = SHP 0.3797 SHP |
500 CJPY = SHP 1.90 SHP |
1,000 CJPY = SHP 3.80 SHP |
SHP to CJPY values from Today at
SHP 0.50 SHP = 131.69 CJPY |
SHP 1.00 SHP = 263.39 CJPY |
SHP 5.00 SHP = 1,316.93 CJPY |
SHP 10.00 SHP = 2,633.87 CJPY |
SHP 50.00 SHP = 13,169.35 CJPY |
SHP 100.00 SHP = 26,338.69 CJPY |
SHP 500.00 SHP = 131,693.46 CJPY |
SHP 1,000.00 SHP = 263,386.91 CJPY |
CJPY to SHP over time
CJPY | Today | 24H -0.31% | 1M 11.53% | 1Y -20.70% |
|---|---|---|---|---|
0.5 CJPY | SHP 0.001898 SHP | SHP 0.001904 SHP | SHP 0.00168 SHP | SHP 0.002291 SHP |
1 CJPY | SHP 0.003797 SHP | SHP 0.003808 SHP | SHP 0.003359 SHP | SHP 0.004583 SHP |
5 CJPY | SHP 0.01898 SHP | SHP 0.01904 SHP | SHP 0.0168 SHP | SHP 0.02291 SHP |
10 CJPY | SHP 0.03797 SHP | SHP 0.03808 SHP | SHP 0.03359 SHP | SHP 0.04583 SHP |
50 CJPY | SHP 0.1898 SHP | SHP 0.1904 SHP | SHP 0.168 SHP | SHP 0.2291 SHP |
100 CJPY | SHP 0.3797 SHP | SHP 0.3808 SHP | SHP 0.3359 SHP | SHP 0.4583 SHP |
500 CJPY | SHP 1.90 SHP | SHP 1.90 SHP | SHP 1.68 SHP | SHP 2.29 SHP |
1,000 CJPY | SHP 3.80 SHP | SHP 3.81 SHP | SHP 3.36 SHP | SHP 4.58 SHP |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about SHP 0.003797.
Based on the current rate, you could get 263.39 CJPY for 1 SHP.
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 increased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to SHP calculator at the top of this page to convert any amount of CJPY to SHP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SHP is equivalent to 1,316.93 CJPY. Inversely, 5 CJPY will cost about SHP 0.01898
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 Short-term T-Bill Token, BaseX, and Fine. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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Create a Coinbase account to buy and sell Convertible JPY Token on the most secure crypto exchange.
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