Convert Convertible JPY Token CJPY to Stellar Lumens XLM
CJPY to XLM: 1 Convertible JPY Token converts to 0.02434 XLM
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About CJPY and XLM
Convertible JPY Token is climbing, while Stellar Lumens is falling this week. The current CJPY to XLM conversion rate is 0.02434. Inversely, this means that if you convert 1 XLM you will get 41.08 CJPY. The conversion rate of CJPY/XLM has increased by 0.09% in the last hour (XLM/CJPY decreased by 0.09%). In the last 24 hours, CJPY/XLM grew by 1.26%, while XLM/CJPY shrunk by the same amount.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.02434 XLM. In other words, to buy 5 Convertible JPY Token, it would cost you 0.12171 XLM. Inversely, 1 XLM would allow you to trade for 41.08 CJPY while 50 XLM would convert to 2,054.10 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.42%. Meanwhile, in the last 24 hours, the rate has changed by 1.36%, which means that the highest exchange rate of 1 CJPY to XLM was 0.02459 XLM and the lowest 24 hour value was 1 CJPY for 0.02367 XLM. Last month, 1 CJPY was worth 0.02006 XLM. Today, it's up 17.59%. Looking back a year, Convertible JPY Token has changed by 0.01268 XLM. That means that in a single year, the value of Convertible JPY Token has grown by 47.89%.
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.
Stellar Lumens Market Stats
Stellar’s cryptocurrency, the Stellar Lumen (XLM), powers the Stellar payment network. Stellar aims to connect the world’s financial system, enabling businesses and developers to take advantage of the network’s fast speeds, low transaction costs, and interoperability.
Conversion tables
CJPY to XLM values from Today at 6:59 pm
0.5 CJPY = 0.01217 XLM |
1 CJPY = 0.02434 XLM |
5 CJPY = 0.1217 XLM |
10 CJPY = 0.2434 XLM |
50 CJPY = 1.22 XLM |
100 CJPY = 2.43 XLM |
500 CJPY = 12.17 XLM |
1,000 CJPY = 24.34 XLM |
XLM to CJPY values from Today at 7:01 pm
0.5 XLM = 20.54 CJPY |
1 XLM = 41.08 CJPY |
5 XLM = 205.41 CJPY |
10 XLM = 410.82 CJPY |
50 XLM = 2,054.10 CJPY |
100 XLM = 4,108.19 CJPY |
500 XLM = 20,540.95 CJPY |
1,000 XLM = 41,081.90 CJPY |
CJPY to XLM over time
CJPY | Today | 24H 1.36% | 1M 17.59% | 1Y 47.89% |
|---|---|---|---|---|
0.5 CJPY | 0.01217 XLM | 0.012 XLM | 0.01003 XLM | 0.006342 XLM |
1 CJPY | 0.02434 XLM | 0.02401 XLM | 0.02006 XLM | 0.01268 XLM |
5 CJPY | 0.1217 XLM | 0.12 XLM | 0.1003 XLM | 0.06342 XLM |
10 CJPY | 0.2434 XLM | 0.2401 XLM | 0.2006 XLM | 0.1268 XLM |
50 CJPY | 1.22 XLM | 1.20 XLM | 1.00 XLM | 0.6342 XLM |
100 CJPY | 2.43 XLM | 2.40 XLM | 2.01 XLM | 1.27 XLM |
500 CJPY | 12.17 XLM | 12.00 XLM | 10.03 XLM | 6.34 XLM |
1,000 CJPY | 24.34 XLM | 24.01 XLM | 20.06 XLM | 12.68 XLM |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004591.
Based on the current rate, you could get 217.84 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 increased. 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 1,089.19 CJPY. Inversely, 5 CJPY will cost about $0.02295
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, Falcons, and OASIS. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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