Convert Convertible JPY Token CJPY to Salvadoran Colón SVC
CJPY to SVC: 1 Convertible JPY Token converts to SVC 0.03991 SVC as of July 24 at 11:55 AM
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About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is SVC 0.03991 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of SVC 8,539,513.18. The amount of Convertible JPY Token traded has risen by SVC 90,805.32 in the last 24 hours, which is a 455.74% increase. Additionally, in the last day, SVC 19,924.89 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is SVC 0.03991 SVC. In other words, to buy 5 Convertible JPY Token, it would cost you SVC 0.19953 SVC. Inversely, SVC 1.00 SVC would allow you to trade for 25.06 CJPY while SVC 50.00 SVC would convert to 1,252.95 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.81%. Meanwhile, in the last 24 hours, the rate has changed by 1.3%, which means that the highest exchange rate of 1 CJPY to SVC was SVC 0.04076 SVC and the lowest 24 hour value was 1 CJPY for SVC 0.03972 SVC. Last month, 1 CJPY was worth SVC 0.03652 SVC. Today, it's up 9.29%. Looking back a year, Convertible JPY Token has changed by SVC 0.05378 SVC. That means that in a single year, the value of Convertible JPY Token has shrank by 25.85%.
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 SVC values from Today at 11:55 am
0.5 CJPY = SVC 0.01995 SVC |
1 CJPY = SVC 0.03991 SVC |
5 CJPY = SVC 0.1995 SVC |
10 CJPY = SVC 0.3991 SVC |
50 CJPY = SVC 2.00 SVC |
100 CJPY = SVC 3.99 SVC |
500 CJPY = SVC 19.95 SVC |
1,000 CJPY = SVC 39.91 SVC |
SVC to CJPY values from Today at
SVC 0.50 SVC = 12.53 CJPY |
SVC 1.00 SVC = 25.06 CJPY |
SVC 5.00 SVC = 125.30 CJPY |
SVC 10.00 SVC = 250.59 CJPY |
SVC 50.00 SVC = 1,252.95 CJPY |
SVC 100.00 SVC = 2,505.91 CJPY |
SVC 500.00 SVC = 12,529.55 CJPY |
SVC 1,000.00 SVC = 25,059.09 CJPY |
CJPY to SVC over time
CJPY | Today | 24H -1.40% | 1M 8.48% | 1Y -34.78% |
|---|---|---|---|---|
0.5 CJPY | SVC 0.01995 SVC | SVC 0.02023 SVC | SVC 0.01826 SVC | SVC 0.02689 SVC |
1 CJPY | SVC 0.03991 SVC | SVC 0.04046 SVC | SVC 0.03652 SVC | SVC 0.05378 SVC |
5 CJPY | SVC 0.1995 SVC | SVC 0.2023 SVC | SVC 0.1826 SVC | SVC 0.2689 SVC |
10 CJPY | SVC 0.3991 SVC | SVC 0.4046 SVC | SVC 0.3652 SVC | SVC 0.5378 SVC |
50 CJPY | SVC 2.00 SVC | SVC 2.02 SVC | SVC 1.83 SVC | SVC 2.69 SVC |
100 CJPY | SVC 3.99 SVC | SVC 4.05 SVC | SVC 3.65 SVC | SVC 5.38 SVC |
500 CJPY | SVC 19.95 SVC | SVC 20.23 SVC | SVC 18.26 SVC | SVC 26.89 SVC |
1,000 CJPY | SVC 39.91 SVC | SVC 40.46 SVC | SVC 36.52 SVC | SVC 53.78 SVC |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about SVC 0.03991.
Based on the current rate, you could get 25.06 CJPY for 1 SVC.
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 increased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to SVC calculator at the top of this page to convert any amount of CJPY to SVC. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SVC is equivalent to 125.30 CJPY. Inversely, 5 CJPY will cost about SVC 0.1995
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 BNBcat. 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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