Convert Guernsey Pound GGP to Convertible JPY Token CJPY
GGP to CJPY: 1 Guernsey Pound converts to 267.04 CJPY
Convertible JPY Token (CJPY) is not tradable on Coinbase.
Data is sourced from third parties. We make no representation on the accuracy of the data provided. Learn more
About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is GGP 0.003745 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of GGP 796,211.31. The amount of Convertible JPY Token traded has risen by GGP 581.65 in the last 24 hours, which is a 28.74% increase. Additionally, in the last day, GGP 2,024.04 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is GGP 0.003745 GGP. In other words, to buy 5 Convertible JPY Token, it would cost you GGP 0.018723 GGP. Inversely, GGP 1.00 GGP would allow you to trade for 267.04 CJPY while GGP 50.00 GGP would convert to 13,352.24 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12.86%. Meanwhile, in the last 24 hours, the rate has changed by 0.27%, which means that the highest exchange rate of 1 CJPY to GGP was GGP 0.003818 GGP and the lowest 24 hour value was 1 CJPY for GGP 0.003731 GGP. Last month, 1 CJPY was worth GGP 0.003395 GGP. Today, it's up 13.31%. Looking back a year, Convertible JPY Token has changed by GGP 0.004659 GGP. That means that in a single year, the value of Convertible JPY Token has shrank by 18.4%.
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
GGP to CJPY values from Today at
GGP 0.50 GGP = 133.52 CJPY |
GGP 1.00 GGP = 267.04 CJPY |
GGP 5.00 GGP = 1,335.22 CJPY |
GGP 10.00 GGP = 2,670.45 CJPY |
GGP 50.00 GGP = 13,352.24 CJPY |
GGP 100.00 GGP = 26,704.49 CJPY |
GGP 500.00 GGP = 133,522.44 CJPY |
GGP 1,000.00 GGP = 267,044.88 CJPY |
CJPY to GGP values from Today at 10:44 pm
0.5 CJPY = GGP 0.001872 GGP |
1 CJPY = GGP 0.003745 GGP |
5 CJPY = GGP 0.01872 GGP |
10 CJPY = GGP 0.03745 GGP |
50 CJPY = GGP 0.1872 GGP |
100 CJPY = GGP 0.3745 GGP |
500 CJPY = GGP 1.87 GGP |
1,000 CJPY = GGP 3.74 GGP |
GGP to CJPY over time
GGP | Today | 24H -26,532.79% | 1M -29,452.42% | 1Y -21,464.49% |
|---|---|---|---|---|
0.5 GGP | 133.52 CJPY | 132.66 CJPY | 147.26 CJPY | 107.32 CJPY |
1 GGP | 267.04 CJPY | 265.33 CJPY | 294.52 CJPY | 214.64 CJPY |
5 GGP | 1,335.22 CJPY | 1,326.64 CJPY | 1,472.62 CJPY | 1,073.22 CJPY |
10 GGP | 2,670.45 CJPY | 2,653.28 CJPY | 2,945.24 CJPY | 2,146.45 CJPY |
50 GGP | 13,352.24 CJPY | 13,266.39 CJPY | 14,726.21 CJPY | 10,732.24 CJPY |
100 GGP | 26,704.49 CJPY | 26,532.79 CJPY | 29,452.42 CJPY | 21,464.49 CJPY |
500 GGP | 133,522.44 CJPY | 132,663.94 CJPY | 147,262.09 CJPY | 107,322.44 CJPY |
1,000 GGP | 267,044.88 CJPY | 265,327.89 CJPY | 294,524.18 CJPY | 214,644.89 CJPY |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about GGP 0.003745.
Based on the current rate, you could get 267.04 CJPY for 1 GGP.
Convertible JPY Token price has been declining. Since yesterday, the exchange rate of Convertible JPY Token has decreased. 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 GGP calculator at the top of this page to convert any amount of CJPY to GGP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GGP is equivalent to 1,335.22 CJPY. Inversely, 5 CJPY will cost about GGP 0.01872
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 Short-term T-Bill Token, BaseX, and Fine. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
Related conversions
Popular prediction markets
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.