Convert Civic CVC to Convertible JPY Token CJPY
CVC to CJPY: 1 Civic converts to 5.69 CJPY
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About CVC and CJPY
Civic is falling, while Convertible JPY Token is climbing this week. The current CVC to CJPY conversion rate is 5.69. Inversely, this means that if you convert 1 CJPY you will get 0.1757 CVC. The conversion rate of CVC/CJPY has increased by 0.22% in the last hour (CJPY/CVC decreased by 0.22%). In the last 24 hours, CVC/CJPY shrunk by 4.2%, while CJPY/CVC grew by the same amount.
The exchange rate of Civic is decreasing. The current value of 1 CVC is 5.69 CJPY. In other words, to buy 5 Civic, it would cost you 28.46 CJPY. Inversely, 1 CJPY would allow you to trade for 0.1757 CVC while 50 CJPY would convert to 8.79 CVC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.93%. Meanwhile, in the last 24 hours, the rate has changed by 4.22%, and that the highest exchange rate of 1 CVC to CJPY was 5.99 CJPY and the lowest 24 hour value was 1 CVC for 5.56 CJPY. Last month, 1 CVC was worth 5.89 CJPY. Today, it's down 3.55%. Looking back a year, Civic has changed by 19.43 CJPY. That means that in a single year, the value of Civic has shrank by 241.34%.
Civic Market Stats
Civic (CVC) is an Ethereum token used to power Civic’s identity verification protocol. Users who verify their information through Civic can then securely share both their info and the verification with service providers, reducing the need to constantly re-verify their identity. In return for this convenience, service providers may provide users and verifiers with CVC.
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
CVC to CJPY values from Today at 1:17 pm
0.5 CVC = 2.85 CJPY |
1 CVC = 5.69 CJPY |
5 CVC = 28.46 CJPY |
10 CVC = 56.91 CJPY |
50 CVC = 284.57 CJPY |
100 CVC = 569.14 CJPY |
500 CVC = 2,845.68 CJPY |
1,000 CVC = 5,691.35 CJPY |
CJPY to CVC values from Today at 1:16 pm
0.5 CJPY = 0.08785 CVC |
1 CJPY = 0.1757 CVC |
5 CJPY = 0.8785 CVC |
10 CJPY = 1.76 CVC |
50 CJPY = 8.79 CVC |
100 CJPY = 17.57 CVC |
500 CJPY = 87.85 CVC |
1,000 CJPY = 175.71 CVC |
CVC to CJPY over time
CVC | Today | 24H -4.22% | 1M -3.55% | 1Y -241.34% |
|---|---|---|---|---|
0.5 CVC | 2.85 CJPY | 2.97 CJPY | 2.95 CJPY | 9.71 CJPY |
1 CVC | 5.69 CJPY | 5.93 CJPY | 5.89 CJPY | 19.43 CJPY |
5 CVC | 28.46 CJPY | 29.66 CJPY | 29.47 CJPY | 97.13 CJPY |
10 CVC | 56.91 CJPY | 59.32 CJPY | 58.93 CJPY | 194.27 CJPY |
50 CVC | 284.57 CJPY | 296.58 CJPY | 294.67 CJPY | 971.34 CJPY |
100 CVC | 569.14 CJPY | 593.15 CJPY | 589.33 CJPY | 1,942.69 CJPY |
500 CVC | 2,845.68 CJPY | 2,965.77 CJPY | 2,946.65 CJPY | 9,713.44 CJPY |
1,000 CVC | 5,691.35 CJPY | 5,931.54 CJPY | 5,893.31 CJPY | 19,426.87 CJPY |
Frequently asked questions
Right now, 1 Civic is worth about $0.02345.
Based on the current rate, you could get 42.64 CVC for 1 USD.
Civic price has been declining. Since yesterday, the exchange rate of Civic has decreased. Since last month, the exchange rate of Civic has decreased. Since this time last year, the price of Civic has decreased.
You can use our CVC to USD calculator at the top of this page to convert any amount of CVC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 213.22 CVC. Inversely, 5 CVC will cost about $0.1173
Civic is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Civic.
There are a number of crypto assets that have the a similar or comparable market cap to Civic, including Ontology Gas, Tokenlon Network Token, and Kyber Network. For a more robust list of assets to explore, jump to the asset page dedicated to Civic.
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