Convert Gitcoin GTC to Convertible JPY Token CJPY
GTC to CJPY: 1 Gitcoin converts to 14.89 CJPY
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About GTC and CJPY
Gitcoin is falling, while Convertible JPY Token is climbing this week. The current GTC to CJPY conversion rate is 14.89. Inversely, this means that if you convert 1 CJPY you will get 0.06717 GTC. The conversion rate of GTC/CJPY has decreased by 0.18% in the last hour (CJPY/GTC increased by 0.18%). In the last 24 hours, GTC/CJPY shrunk by 0.36%, while CJPY/GTC grew by the same amount.
The exchange rate of Gitcoin is decreasing. The current value of 1 GTC is 14.89 CJPY. In other words, to buy 5 Gitcoin, it would cost you 74.44 CJPY. Inversely, 1 CJPY would allow you to trade for 0.06717 GTC while 50 CJPY would convert to 3.36 GTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.02%. Meanwhile, in the last 24 hours, the rate has changed by 0.28%, and that the highest exchange rate of 1 GTC to CJPY was 15.13 CJPY and the lowest 24 hour value was 1 GTC for 14.70 CJPY. Last month, 1 GTC was worth 18.72 CJPY. Today, it's down 25.74%. Looking back a year, Gitcoin has changed by 48.26 CJPY. That means that in a single year, the value of Gitcoin has shrank by 224.14%.
Gitcoin Market Stats
Gitcoin (GTC) is an Ethereum token that enables community governance of the Gitcoin platform. The platform is designed to fund and coordinate open source development by novel means such as quadratic funding. As of June 2021, Gitcoin has facilitated over $21 million in grants and bounties for open source developers.
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
GTC to CJPY values from Today at 5:18 pm
0.5 GTC = 7.44 CJPY |
1 GTC = 14.89 CJPY |
5 GTC = 74.44 CJPY |
10 GTC = 148.88 CJPY |
50 GTC = 744.38 CJPY |
100 GTC = 1,488.76 CJPY |
500 GTC = 7,443.79 CJPY |
1,000 GTC = 14,887.57 CJPY |
CJPY to GTC values from Today at 5:14 pm
0.5 CJPY = 0.03359 GTC |
1 CJPY = 0.06717 GTC |
5 CJPY = 0.3359 GTC |
10 CJPY = 0.6717 GTC |
50 CJPY = 3.36 GTC |
100 CJPY = 6.72 GTC |
500 CJPY = 33.59 GTC |
1,000 CJPY = 67.17 GTC |
GTC to CJPY over time
GTC | Today | 24H -0.28% | 1M -25.74% | 1Y -224.14% |
|---|---|---|---|---|
0.5 GTC | 7.44 CJPY | 7.46 CJPY | 9.36 CJPY | 24.13 CJPY |
1 GTC | 14.89 CJPY | 14.93 CJPY | 18.72 CJPY | 48.26 CJPY |
5 GTC | 74.44 CJPY | 74.65 CJPY | 93.60 CJPY | 241.28 CJPY |
10 GTC | 148.88 CJPY | 149.29 CJPY | 187.20 CJPY | 482.56 CJPY |
50 GTC | 744.38 CJPY | 746.47 CJPY | 935.99 CJPY | 2,412.81 CJPY |
100 GTC | 1,488.76 CJPY | 1,492.93 CJPY | 1,871.99 CJPY | 4,825.62 CJPY |
500 GTC | 7,443.79 CJPY | 7,464.67 CJPY | 9,359.95 CJPY | 24,128.08 CJPY |
1,000 GTC | 14,887.57 CJPY | 14,929.33 CJPY | 18,719.89 CJPY | 48,256.17 CJPY |
Frequently asked questions
Right now, 1 Gitcoin is worth about $0.0686.
Based on the current rate, you could get 14.58 GTC for 1 USD.
Gitcoin price has been declining. Since yesterday, the exchange rate of Gitcoin has decreased. Since last month, the exchange rate of Gitcoin has decreased. Since this time last year, the price of Gitcoin has decreased.
You can use our GTC to USD calculator at the top of this page to convert any amount of GTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 72.89 GTC. Inversely, 5 GTC will cost about $0.343
Gitcoin is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Gitcoin.
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