Convert Convertible JPY Token CJPY to SunContract SNC
CJPY to SNC: 1 Convertible JPY Token converts to 0.2192 SNC
About CJPY and SNC
Convertible JPY Token is falling, while SunContract is climbing this week. The current CJPY to SNC conversion rate is 0.2192. Inversely, this means that if you convert 1 SNC you will get 4.56 CJPY. The conversion rate of CJPY/SNC has decreased by 0.16% in the last hour (SNC/CJPY increased by 0.16%). In the last 24 hours, CJPY/SNC shrunk by 3.35%, while SNC/CJPY grew by 3.46%.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.2192 SNC. In other words, to buy 5 Convertible JPY Token, it would cost you 1.0958 SNC. Inversely, 1 SNC would allow you to trade for 4.56 CJPY while 50 SNC would convert to 228.13 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.03%. Meanwhile, in the last 24 hours, the rate has changed by 2.62%, and that the highest exchange rate of 1 CJPY to SNC was 0.2261 SNC and the lowest 24 hour value was 1 CJPY for 0.2176 SNC. Last month, 1 CJPY was worth 0.2367 SNC. Today, it's down 7.42%. Looking back a year, Convertible JPY Token has changed by 0.1824 SNC. That means that in a single year, the value of Convertible JPY Token has grown by 20.16%.
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.
SunContract Market Stats
SunContract is an energy trading platform that utilizes blockchain technology to create a new business model for buying and selling electricity. If you believe that blockchain technology can solve many of today's problems and that we are the team to take it to the energy sector, you are welcome to contribute.
Conversion tables
CJPY to SNC values from Today at 2:07 am
0.5 CJPY = 0.1096 SNC |
1 CJPY = 0.2192 SNC |
5 CJPY = 1.10 SNC |
10 CJPY = 2.19 SNC |
50 CJPY = 10.96 SNC |
100 CJPY = 21.92 SNC |
500 CJPY = 109.58 SNC |
1,000 CJPY = 219.17 SNC |
SNC to CJPY values from Today at 2:06 am
0.5 SNC = 2.28 CJPY |
1 SNC = 4.56 CJPY |
5 SNC = 22.81 CJPY |
10 SNC = 45.63 CJPY |
50 SNC = 228.13 CJPY |
100 SNC = 456.27 CJPY |
500 SNC = 2,281.34 CJPY |
1,000 SNC = 4,562.68 CJPY |
CJPY to SNC over time
CJPY | Today | 24H -2.69% | 1M -8.01% | 1Y 16.78% |
|---|---|---|---|---|
0.5 CJPY | 0.1096 SNC | 0.1125 SNC | 0.1184 SNC | 0.0912 SNC |
1 CJPY | 0.2192 SNC | 0.2251 SNC | 0.2367 SNC | 0.1824 SNC |
5 CJPY | 1.10 SNC | 1.13 SNC | 1.18 SNC | 0.912 SNC |
10 CJPY | 2.19 SNC | 2.25 SNC | 2.37 SNC | 1.82 SNC |
50 CJPY | 10.96 SNC | 11.25 SNC | 11.84 SNC | 9.12 SNC |
100 CJPY | 21.92 SNC | 22.51 SNC | 23.67 SNC | 18.24 SNC |
500 CJPY | 109.58 SNC | 112.53 SNC | 118.37 SNC | 91.20 SNC |
1,000 CJPY | 219.17 SNC | 225.07 SNC | 236.73 SNC | 182.40 SNC |
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