Convert GateToken GT to Convertible JPY Token CJPY
1 GT converts to 1,483.23 CJPY
About GT and CJPY
GateToken is falling, while Convertible JPY Token is climbing this week. The current GT to CJPY conversion rate is 1,483.23. Inversely, this means that if you convert 1 CJPY you will get 0.0006742 GT. The conversion rate of GT/CJPY has decreased by 0.19% in the last hour (CJPY/GT increased by 0.19%). In the last 24 hours, GT/CJPY shrunk by 0.8%, while CJPY/GT grew by the same amount.
The exchange rate of GateToken is decreasing. The current value of 1 GT is 1,483.23 CJPY. In other words, to buy 5 GateToken, it would cost you 7,416.13 CJPY. Inversely, 1 CJPY would allow you to trade for 0.0006742 GT while 50 CJPY would convert to 0.03371 GT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.27%. Meanwhile, in the last 24 hours, the rate has changed by 0.72%, and that the highest exchange rate of 1 GT to CJPY was 1,509.46 CJPY and the lowest 24 hour value was 1 GT for 1,480.37 CJPY. Last month, 1 GT was worth 1,491.49 CJPY. Today, it's down 0.56%. Looking back a year, GateToken has changed by 2,933.08 CJPY. That means that in a single year, the value of GateToken has shrank by 97.75%.
GateToken Market Stats
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
GT to CJPY values from Today at 5:35 pm
0.5 GT = 741.61 CJPY |
1 GT = 1,483.23 CJPY |
5 GT = 7,416.13 CJPY |
10 GT = 14,832.26 CJPY |
50 GT = 74,161.28 CJPY |
100 GT = 148,322.57 CJPY |
500 GT = 741,612.84 CJPY |
1,000 GT = 1,483,225.68 CJPY |
CJPY to GT values from Today at 5:33 pm
0.5 CJPY = 0.0003371 GT |
1 CJPY = 0.0006742 GT |
5 CJPY = 0.003371 GT |
10 CJPY = 0.006742 GT |
50 CJPY = 0.03371 GT |
100 CJPY = 0.06742 GT |
500 CJPY = 0.3371 GT |
1,000 CJPY = 0.6742 GT |
GT to CJPY over time
GT | Today | 24H -0.72% | 1M -0.56% | 1Y -97.75% |
|---|---|---|---|---|
0.5 GT | 741.61 CJPY | 746.93 CJPY | 745.75 CJPY | 1,466.54 CJPY |
1 GT | 1,483.23 CJPY | 1,493.87 CJPY | 1,491.49 CJPY | 2,933.08 CJPY |
5 GT | 7,416.13 CJPY | 7,469.34 CJPY | 7,457.45 CJPY | 14,665.39 CJPY |
10 GT | 14,832.26 CJPY | 14,938.68 CJPY | 14,914.90 CJPY | 29,330.78 CJPY |
50 GT | 74,161.28 CJPY | 74,693.38 CJPY | 74,574.50 CJPY | 146,653.89 CJPY |
100 GT | 148,322.57 CJPY | 149,386.76 CJPY | 149,149.00 CJPY | 293,307.78 CJPY |
500 GT | 741,612.84 CJPY | 746,933.82 CJPY | 745,745.02 CJPY | 1,466,538.90 CJPY |
1,000 GT | 1,483,225.68 CJPY | 1,493,867.64 CJPY | 1,491,490.04 CJPY | 2,933,077.80 CJPY |
Frequently asked questions
Right now, 1 GateToken is worth about $6.35.
Based on the current rate, you could get 0.1576 GT for 1 USD.
GateToken price has been on the rise. Since yesterday, the exchange rate of GateToken has increased. Since last month, the exchange rate of GateToken has decreased. Since this time last year, the price of GateToken has decreased.
You can use our GT to USD calculator at the top of this page to convert any amount of GT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.788 GT. Inversely, 5 GT will cost about $31.73
GateToken can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy GateToken.
There are a number of crypto assets that have the a similar or comparable market cap to GateToken, including JUST, XDC Network, and 币安人生. For a more robust list of assets to explore, jump to the asset page dedicated to GateToken.
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