Convert Convertible JPY Token CJPY to Toncoin TON
CJPY to TON: 1 Convertible JPY Token converts to 0.002646 TON
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About CJPY and TON
Convertible JPY Token is falling, while Toncoin is climbing this week. The current CJPY to TON conversion rate is 0.002646. Inversely, this means that if you convert 1 TON you will get 377.88 CJPY. The conversion rate of CJPY/TON has decreased by 0.17% in the last hour (TON/CJPY increased by 0.17%). In the last 24 hours, CJPY/TON shrunk by 0.4%, while TON/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.002646 TON. In other words, to buy 5 Convertible JPY Token, it would cost you 0.013232 TON. Inversely, 1 TON would allow you to trade for 377.88 CJPY while 50 TON would convert to 18,894.06 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.48%. Meanwhile, in the last 24 hours, the rate has changed by 1.51%, which means that the highest exchange rate of 1 CJPY to TON was 0.002807 TON and the lowest 24 hour value was 1 CJPY for 0.002581 TON. Last month, 1 CJPY was worth 0.002291 TON. Today, it's up 13.41%. Looking back a year, Convertible JPY Token has changed by 0.00191 TON. That means that in a single year, the value of Convertible JPY Token has grown by 27.83%.
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.
Toncoin Market Stats
TON is the native cryptocurrency of The Open Network (TON), which is a decentralized, scalable blockchain platform originally developed by Telegram
Conversion tables
CJPY to TON values from Today at 11:08 am
0.5 CJPY = 0.001323 TON |
1 CJPY = 0.002646 TON |
5 CJPY = 0.01323 TON |
10 CJPY = 0.02646 TON |
50 CJPY = 0.1323 TON |
100 CJPY = 0.2646 TON |
500 CJPY = 1.32 TON |
1,000 CJPY = 2.65 TON |
TON to CJPY values from Today at 11:10 am
0.5 TON = 188.94 CJPY |
1 TON = 377.88 CJPY |
5 TON = 1,889.41 CJPY |
10 TON = 3,778.81 CJPY |
50 TON = 18,894.06 CJPY |
100 TON = 37,788.12 CJPY |
500 TON = 188,940.60 CJPY |
1,000 TON = 377,881.20 CJPY |
CJPY to TON over time
CJPY | Today | 24H -1.51% | 1M 13.41% | 1Y 27.83% |
|---|---|---|---|---|
0.5 CJPY | 0.001323 TON | 0.001343 TON | 0.001146 TON | 0.000955 TON |
1 CJPY | 0.002646 TON | 0.002686 TON | 0.002291 TON | 0.00191 TON |
5 CJPY | 0.01323 TON | 0.01343 TON | 0.01146 TON | 0.00955 TON |
10 CJPY | 0.02646 TON | 0.02686 TON | 0.02291 TON | 0.0191 TON |
50 CJPY | 0.1323 TON | 0.1343 TON | 0.1146 TON | 0.0955 TON |
100 CJPY | 0.2646 TON | 0.2686 TON | 0.2291 TON | 0.191 TON |
500 CJPY | 1.32 TON | 1.34 TON | 1.15 TON | 0.955 TON |
1,000 CJPY | 2.65 TON | 2.69 TON | 2.29 TON | 1.91 TON |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004123.
Based on the current rate, you could get 242.54 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 1,212.71 CJPY. Inversely, 5 CJPY will cost about $0.02061
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 Alien Base, Magic Internet Money, and KIP Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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