Convert Kaito KAITO to Convertible JPY Token CJPY
KAITO to CJPY: 1 Kaito converts to 154.33 CJPY
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About KAITO and CJPY
Kaito is falling, while Convertible JPY Token is climbing this week. The current KAITO to CJPY conversion rate is 154.33. Inversely, this means that if you convert 1 CJPY you will get 0.00648 KAITO. The conversion rate of KAITO/CJPY has decreased by 2.25% in the last hour (CJPY/KAITO increased by 2.25%). In the last 24 hours, KAITO/CJPY shrunk by 9.75%, while CJPY/KAITO grew by the same amount.
The exchange rate of Kaito is decreasing. The current value of 1 KAITO is 154.33 CJPY. In other words, to buy 5 Kaito, it would cost you 771.65 CJPY. Inversely, 1 CJPY would allow you to trade for 0.00648 KAITO while 50 CJPY would convert to 0.324 KAITO, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.5%. Meanwhile, in the last 24 hours, the rate has changed by 11.74%, and that the highest exchange rate of 1 KAITO to CJPY was 176.44 CJPY and the lowest 24 hour value was 1 KAITO for 153.79 CJPY. Last month, 1 KAITO was worth 111.09 CJPY. Today, it's up 28.01%. Looking back a year, Kaito has changed by 288.89 CJPY. That means that in a single year, the value of Kaito has shrank by 87.19%.
Kaito Market Stats
KAITO is the native token of the Kaito platform. Kaito is a distribution center for crypto, information, and attention and capital — powered by AI.
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
KAITO to CJPY values from Today at 10:48 am
0.5 KAITO = 77.16 CJPY |
1 KAITO = 154.33 CJPY |
5 KAITO = 771.65 CJPY |
10 KAITO = 1,543.29 CJPY |
50 KAITO = 7,716.46 CJPY |
100 KAITO = 15,432.92 CJPY |
500 KAITO = 77,164.62 CJPY |
1,000 KAITO = 154,329.25 CJPY |
CJPY to KAITO values from Today at 10:45 am
0.5 CJPY = 0.00324 KAITO |
1 CJPY = 0.00648 KAITO |
5 CJPY = 0.0324 KAITO |
10 CJPY = 0.0648 KAITO |
50 CJPY = 0.324 KAITO |
100 CJPY = 0.648 KAITO |
500 CJPY = 3.24 KAITO |
1,000 CJPY = 6.48 KAITO |
KAITO to CJPY over time
KAITO | Today | 24H -11.74% | 1M 28.01% | 1Y -87.19% |
|---|---|---|---|---|
0.5 KAITO | 77.16 CJPY | 86.22 CJPY | 55.55 CJPY | 144.44 CJPY |
1 KAITO | 154.33 CJPY | 172.44 CJPY | 111.09 CJPY | 288.89 CJPY |
5 KAITO | 771.65 CJPY | 862.20 CJPY | 555.47 CJPY | 1,444.44 CJPY |
10 KAITO | 1,543.29 CJPY | 1,724.40 CJPY | 1,110.95 CJPY | 2,888.88 CJPY |
50 KAITO | 7,716.46 CJPY | 8,622.01 CJPY | 5,554.74 CJPY | 14,444.42 CJPY |
100 KAITO | 15,432.92 CJPY | 17,244.01 CJPY | 11,109.47 CJPY | 28,888.83 CJPY |
500 KAITO | 77,164.62 CJPY | 86,220.07 CJPY | 55,547.37 CJPY | 144,444.16 CJPY |
1,000 KAITO | 154,329.25 CJPY | 172,440.15 CJPY | 111,094.75 CJPY | 288,888.33 CJPY |
Frequently asked questions
Right now, 1 Kaito is worth about $0.7083.
Based on the current rate, you could get 1.41 KAITO for 1 USD.
Kaito price has been declining. Since yesterday, the exchange rate of Kaito has decreased. Since last month, the exchange rate of Kaito has increased. Since this time last year, the price of Kaito has decreased.
You can use our KAITO to USD calculator at the top of this page to convert any amount of KAITO to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 7.06 KAITO. Inversely, 5 KAITO will cost about $3.54
Kaito is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Kaito.
There are a number of crypto assets that have the a similar or comparable market cap to Kaito, including Axie Infinity, Ethereum Name Service, and Aave ENS V2. For a more robust list of assets to explore, jump to the asset page dedicated to Kaito.
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