Convert Convertible JPY Token CJPY to Intuition TRUST
CJPY to TRUST: 1 Convertible JPY Token converts to 0.09593 TRUST
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About CJPY and TRUST
Convertible JPY Token is falling, while Intuition is climbing this week. The current CJPY to TRUST conversion rate is 0.09593. Inversely, this means that if you convert 1 TRUST you will get 10.42 CJPY. The conversion rate of CJPY/TRUST has increased by 0.29% in the last hour (TRUST/CJPY decreased by 0.29%). In the last 24 hours, CJPY/TRUST shrunk by 5.17%, while TRUST/CJPY grew by 5.46%.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.09593 TRUST. In other words, to buy 5 Convertible JPY Token, it would cost you 0.47966 TRUST. Inversely, 1 TRUST would allow you to trade for 10.42 CJPY while 50 TRUST would convert to 521.20 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.63%. Meanwhile, in the last 24 hours, the rate has changed by 5.13%, which means that the highest exchange rate of 1 CJPY to TRUST was 0.1012 TRUST and the lowest 24 hour value was 1 CJPY for 0.08717 TRUST. Last month, 1 CJPY was worth 0.08594 TRUST. Today, it's up 11.63%. Looking back a year, Convertible JPY Token has changed by 0.005801 TRUST. That means that in a single year, the value of Convertible JPY Token has grown by 1,553.81%.
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.
Intuition Market Stats
TRUST is the native utility and governance token for the Intuition Network, a decentralized knowledge infrastructure designed to enable information curation, reputation, and portable AI context across Web3 and AI systems.
Conversion tables
CJPY to TRUST values from Today at 12:08 pm
0.5 CJPY = 0.04797 TRUST |
1 CJPY = 0.09593 TRUST |
5 CJPY = 0.4797 TRUST |
10 CJPY = 0.9593 TRUST |
50 CJPY = 4.80 TRUST |
100 CJPY = 9.59 TRUST |
500 CJPY = 47.97 TRUST |
1,000 CJPY = 95.93 TRUST |
TRUST to CJPY values from Today at 12:10 pm
0.5 TRUST = 5.21 CJPY |
1 TRUST = 10.42 CJPY |
5 TRUST = 52.12 CJPY |
10 TRUST = 104.24 CJPY |
50 TRUST = 521.20 CJPY |
100 TRUST = 1,042.40 CJPY |
500 TRUST = 5,212.01 CJPY |
1,000 TRUST = 10,424.01 CJPY |
CJPY to TRUST over time
CJPY | Today | 24H -5.41% | 1M 10.42% | 1Y 93.95% |
|---|---|---|---|---|
0.5 CJPY | 0.04797 TRUST | 0.05056 TRUST | 0.04297 TRUST | 0.0029 TRUST |
1 CJPY | 0.09593 TRUST | 0.1011 TRUST | 0.08594 TRUST | 0.005801 TRUST |
5 CJPY | 0.4797 TRUST | 0.5056 TRUST | 0.4297 TRUST | 0.029 TRUST |
10 CJPY | 0.9593 TRUST | 1.01 TRUST | 0.8594 TRUST | 0.05801 TRUST |
50 CJPY | 4.80 TRUST | 5.06 TRUST | 4.30 TRUST | 0.29 TRUST |
100 CJPY | 9.59 TRUST | 10.11 TRUST | 8.59 TRUST | 0.5801 TRUST |
500 CJPY | 47.97 TRUST | 50.56 TRUST | 42.97 TRUST | 2.90 TRUST |
1,000 CJPY | 95.93 TRUST | 101.12 TRUST | 85.94 TRUST | 5.80 TRUST |
Frequently asked questions
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