Convert Elastos ELA to Convertible JPY Token CJPY
ELA to CJPY: 1 Elastos converts to 86.62 CJPY
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About ELA and CJPY
Elastos is climbing, while Convertible JPY Token is falling this week. The current ELA to CJPY conversion rate is 86.62. Inversely, this means that if you convert 1 CJPY you will get 0.01155 ELA. The conversion rate of ELA/CJPY has decreased by 0.38% in the last hour (CJPY/ELA increased by 0.38%). In the last 24 hours, ELA/CJPY grew by 5.53%, while CJPY/ELA shrunk by the same amount.
The exchange rate of Elastos is increasing. The current value of 1 ELA is 86.62 CJPY. In other words, to buy 5 Elastos, it would cost you 433.08 CJPY. Inversely, 1 CJPY would allow you to trade for 0.01155 ELA while 50 CJPY would convert to 0.5773 ELA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.83%. Meanwhile, in the last 24 hours, the rate has changed by 5.48%, and that the highest exchange rate of 1 ELA to CJPY was 89.60 CJPY and the lowest 24 hour value was 1 ELA for 80.46 CJPY. Last month, 1 ELA was worth 101.54 CJPY. Today, it's down 17.23%. Looking back a year, Elastos has changed by 230.00 CJPY. That means that in a single year, the value of Elastos has shrank by 165.54%.
Elastos Market Stats
Elastos is a decentralized platform that uses a mainchain merged-mined with Bitcoin for security, along with multiple sidechains to run various functions and applications. ELA is the platform’s native token. It is used for governance, staking, transaction fees on both the mainchain and EVM-compatible sidechains, and other on-chain activities.
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
ELA to CJPY values from Today at 1:26 pm
0.5 ELA = 43.31 CJPY |
1 ELA = 86.62 CJPY |
5 ELA = 433.08 CJPY |
10 ELA = 866.17 CJPY |
50 ELA = 4,330.83 CJPY |
100 ELA = 8,661.67 CJPY |
500 ELA = 43,308.34 CJPY |
1,000 ELA = 86,616.69 CJPY |
CJPY to ELA values from Today at 1:24 pm
0.5 CJPY = 0.005773 ELA |
1 CJPY = 0.01155 ELA |
5 CJPY = 0.05773 ELA |
10 CJPY = 0.1155 ELA |
50 CJPY = 0.5773 ELA |
100 CJPY = 1.15 ELA |
500 CJPY = 5.77 ELA |
1,000 CJPY = 11.55 ELA |
ELA to CJPY over time
ELA | Today | 24H 5.48% | 1M -17.23% | 1Y -165.54% |
|---|---|---|---|---|
0.5 ELA | 43.31 CJPY | 40.93 CJPY | 50.77 CJPY | 115.00 CJPY |
1 ELA | 86.62 CJPY | 81.87 CJPY | 101.54 CJPY | 230.00 CJPY |
5 ELA | 433.08 CJPY | 409.34 CJPY | 507.71 CJPY | 1,150.00 CJPY |
10 ELA | 866.17 CJPY | 818.68 CJPY | 1,015.41 CJPY | 2,300.00 CJPY |
50 ELA | 4,330.83 CJPY | 4,093.39 CJPY | 5,077.06 CJPY | 11,499.98 CJPY |
100 ELA | 8,661.67 CJPY | 8,186.79 CJPY | 10,154.11 CJPY | 22,999.96 CJPY |
500 ELA | 43,308.34 CJPY | 40,933.94 CJPY | 50,770.56 CJPY | 114,999.82 CJPY |
1,000 ELA | 86,616.69 CJPY | 81,867.89 CJPY | 101,541.13 CJPY | 229,999.64 CJPY |
Frequently asked questions
Right now, 1 Elastos is worth about $0.368.
Based on the current rate, you could get 2.72 ELA for 1 USD.
Elastos price has been on the rise. Since yesterday, the exchange rate of Elastos has increased. Since last month, the exchange rate of Elastos has decreased. Since this time last year, the price of Elastos has decreased.
You can use our ELA to USD calculator at the top of this page to convert any amount of ELA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 13.59 ELA. Inversely, 5 ELA will cost about $1.84
Elastos is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Elastos.
There are a number of crypto assets that have the a similar or comparable market cap to Elastos, including Intuition, Bubblemaps, and 我踏马来了. For a more robust list of assets to explore, jump to the asset page dedicated to Elastos.
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