Convert Convertible JPY Token CJPY to Lido wstETH WSTETH
1 CJPY converts to 0.000002121 WSTETH
About CJPY and WSTETH
Convertible JPY Token is climbing, while Lido wstETH is falling this week. The current CJPY to WSTETH conversion rate is 0.000002121. Inversely, this means that if you convert 1 WSTETH you will get 471,538.26 CJPY. The conversion rate of CJPY/WSTETH has decreased by 0.91% in the last hour (WSTETH/CJPY increased by 0.91%). In the last 24 hours, CJPY/WSTETH grew by 3.5%, while WSTETH/CJPY shrunk by the same amount.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.000002121 WSTETH. In other words, to buy 5 Convertible JPY Token, it would cost you 0.000010604 WSTETH. Inversely, 1 WSTETH would allow you to trade for 471,538.26 CJPY while 50 WSTETH would convert to 23,576,912.82 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 13.28%. Meanwhile, in the last 24 hours, the rate has changed by 3.33%, which means that the highest exchange rate of 1 CJPY to WSTETH was 0.000002162 WSTETH and the lowest 24 hour value was 1 CJPY for 0.00000205 WSTETH. Last month, 1 CJPY was worth 0.000001732 WSTETH. Today, it's up 18.33%. Looking back a year, Convertible JPY Token has changed by 0.000002001 WSTETH. That means that in a single year, the value of Convertible JPY Token has grown by 5.62%.
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.
Lido wstETH Market Stats
Conversion tables
CJPY to WSTETH values from Today at 2:06 am
0.5 CJPY = 0.00000106 WSTETH |
1 CJPY = 0.000002121 WSTETH |
5 CJPY = 0.0000106 WSTETH |
10 CJPY = 0.00002121 WSTETH |
50 CJPY = 0.000106 WSTETH |
100 CJPY = 0.0002121 WSTETH |
500 CJPY = 0.00106 WSTETH |
1,000 CJPY = 0.002121 WSTETH |
WSTETH to CJPY values from Today at 2:07 am
0.5 WSTETH = 235,769.13 CJPY |
1 WSTETH = 471,538.26 CJPY |
5 WSTETH = 2,357,691.28 CJPY |
10 WSTETH = 4,715,382.56 CJPY |
50 WSTETH = 23,576,912.82 CJPY |
100 WSTETH = 47,153,825.63 CJPY |
500 WSTETH = 235,769,128.16 CJPY |
1,000 WSTETH = 471,538,256.31 CJPY |
CJPY to WSTETH over time
CJPY | Today | 24H 3.33% | 1M 18.33% | 1Y 5.62% |
|---|---|---|---|---|
0.5 CJPY | 0.00000106 WSTETH | 0.000001025 WSTETH | 0.000000866 WSTETH | 0.000001001 WSTETH |
1 CJPY | 0.000002121 WSTETH | 0.00000205 WSTETH | 0.000001732 WSTETH | 0.000002001 WSTETH |
5 CJPY | 0.0000106 WSTETH | 0.00001025 WSTETH | 0.00000866 WSTETH | 0.00001001 WSTETH |
10 CJPY | 0.00002121 WSTETH | 0.0000205 WSTETH | 0.00001732 WSTETH | 0.00002001 WSTETH |
50 CJPY | 0.000106 WSTETH | 0.0001025 WSTETH | 0.0000866 WSTETH | 0.0001001 WSTETH |
100 CJPY | 0.0002121 WSTETH | 0.000205 WSTETH | 0.0001732 WSTETH | 0.0002001 WSTETH |
500 CJPY | 0.00106 WSTETH | 0.001025 WSTETH | 0.000866 WSTETH | 0.001001 WSTETH |
1,000 CJPY | 0.002121 WSTETH | 0.00205 WSTETH | 0.001732 WSTETH | 0.002001 WSTETH |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004151.
Based on the current rate, you could get 240.88 CJPY for 1 USD.
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 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 1,204.41 CJPY. Inversely, 5 CJPY will cost about $0.02076
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 Fine, 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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