Convert Guinean Franc GNF to Convertible JPY Token CJPY
GNF to CJPY: 1 Guinean Franc converts to 0.0221 CJPY
About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is GNF 45.25 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of GNF 9,621,463,526.11. The amount of Convertible JPY Token traded has risen by GNF 122,587,728 in the last 24 hours, which is a 120.25% increase. Additionally, in the last day, GNF 101,942,657 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is GNF 45.25 GNF. In other words, to buy 5 Convertible JPY Token, it would cost you GNF 226.26 GNF. Inversely, GNF 1 GNF would allow you to trade for 0.0221 CJPY while GNF 50 GNF would convert to 1.10 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.02%, which means that the highest exchange rate of 1 CJPY to GNF was GNF 46.16 GNF and the lowest 24 hour value was 1 CJPY for GNF 45.32 GNF. Last month, 1 CJPY was worth GNF 46.57 GNF. Today, it's down 2.38%. Looking back a year, Convertible JPY Token has changed by GNF 47.83 GNF. That means that in a single year, the value of Convertible JPY Token has shrank by 6.03%.
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
GNF to CJPY values from Today at
GNF 1 GNF = 0.01105 CJPY |
GNF 1 GNF = 0.0221 CJPY |
GNF 5 GNF = 0.1105 CJPY |
GNF 10 GNF = 0.221 CJPY |
GNF 50 GNF = 1.10 CJPY |
GNF 100 GNF = 2.21 CJPY |
GNF 500 GNF = 11.05 CJPY |
GNF 1,000 GNF = 22.10 CJPY |
CJPY to GNF values from Today at 10:05 pm
0.5 CJPY = GNF 22.63 GNF |
1 CJPY = GNF 45.25 GNF |
5 CJPY = GNF 226.26 GNF |
10 CJPY = GNF 452.51 GNF |
50 CJPY = GNF 2,262.56 GNF |
100 CJPY = GNF 4,525.12 GNF |
500 CJPY = GNF 22,625.58 GNF |
1,000 CJPY = GNF 45,251.15 GNF |
GNF to CJPY over time
GNF | Today | 24H -2.20% | 1M -2.15% | 1Y -2.09% |
|---|---|---|---|---|
0.5 GNF | 0.01105 CJPY | 0.01098 CJPY | 0.01074 CJPY | 0.01045 CJPY |
1 GNF | 0.0221 CJPY | 0.02197 CJPY | 0.02147 CJPY | 0.02091 CJPY |
5 GNF | 0.1105 CJPY | 0.1098 CJPY | 0.1074 CJPY | 0.1045 CJPY |
10 GNF | 0.221 CJPY | 0.2197 CJPY | 0.2147 CJPY | 0.2091 CJPY |
50 GNF | 1.10 CJPY | 1.10 CJPY | 1.07 CJPY | 1.05 CJPY |
100 GNF | 2.21 CJPY | 2.20 CJPY | 2.15 CJPY | 2.09 CJPY |
500 GNF | 11.05 CJPY | 10.98 CJPY | 10.74 CJPY | 10.45 CJPY |
1,000 GNF | 22.10 CJPY | 21.97 CJPY | 21.47 CJPY | 20.91 CJPY |
Frequently asked questions
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
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.