Convert Kinetiq Staked HYPE KHYPE to Convertible JPY Token CJPY
KHYPE to CJPY: 1 Kinetiq Staked HYPE converts to 0.0000000001652 CJPY
About KHYPE and CJPY
Kinetiq Staked HYPE is falling, while Convertible JPY Token is climbing this week. The current KHYPE to CJPY conversion rate is 0.0000000001652. Inversely, this means that if you convert 1 CJPY you will get 6,051,824,102.09 KHYPE. The conversion rate of KHYPE/CJPY has increased by 0.04% in the last hour (CJPY/KHYPE decreased by 0.04%). In the last 24 hours, KHYPE/CJPY shrunk by 0.42%, while CJPY/KHYPE grew by 0.42%.
The exchange rate of Kinetiq Staked HYPE is increasing. The current value of 1 KHYPE is 0.0000000001652 CJPY. In other words, to buy 5 Kinetiq Staked HYPE, it would cost you 0.0000000008262 CJPY. Inversely, 1 CJPY would allow you to trade for 6,051,824,102.09 KHYPE while 50 CJPY would convert to 302,591,205,104.67 KHYPE, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 KHYPE to CJPY was 0.00 CJPY and the lowest 24 hour value was 1 KHYPE for ∞ CJPY. Last month, 1 KHYPE was worth 0.00 CJPY. Today, it's up 0%. Looking back a year, Kinetiq Staked HYPE has changed by 0.00 CJPY. That means that in a single year, the value of Kinetiq Staked HYPE has grown by 0%.
Kinetiq Staked HYPE 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
KHYPE to CJPY values from Today at 3:56 am
0.5 KHYPE = 0.00000000008262 CJPY |
1 KHYPE = 0.0000000001652 CJPY |
5 KHYPE = 0.0000000008262 CJPY |
10 KHYPE = 0.000000001652 CJPY |
50 KHYPE = 0.000000008262 CJPY |
100 KHYPE = 0.00000001652 CJPY |
500 KHYPE = 0.00000008262 CJPY |
1,000 KHYPE = 0.0000001652 CJPY |
CJPY to KHYPE values from Today at 9:20 pm
0.5 CJPY = 3,025,912,051.05 KHYPE |
1 CJPY = 6,051,824,102.09 KHYPE |
5 CJPY = 30,259,120,510.47 KHYPE |
10 CJPY = 60,518,241,020.93 KHYPE |
50 CJPY = 302,591,205,104.67 KHYPE |
100 CJPY = 605,182,410,209.35 KHYPE |
500 CJPY = 3,025,912,051,046.73 KHYPE |
1,000 CJPY = 6,051,824,102,093.46 KHYPE |
KHYPE to CJPY over time
KHYPE | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 KHYPE | 0.00000000008262 CJPY | 0.00 CJPY | 0.00 CJPY | 0.00 CJPY |
1 KHYPE | 0.0000000001652 CJPY | 0.00 CJPY | 0.00 CJPY | 0.00 CJPY |
5 KHYPE | 0.0000000008262 CJPY | 0.00 CJPY | 0.00 CJPY | 0.00 CJPY |
10 KHYPE | 0.000000001652 CJPY | 0.00 CJPY | 0.00 CJPY | 0.00 CJPY |
50 KHYPE | 0.000000008262 CJPY | 0.00 CJPY | 0.00 CJPY | 0.00 CJPY |
100 KHYPE | 0.00000001652 CJPY | 0.00 CJPY | 0.00 CJPY | 0.00 CJPY |
500 KHYPE | 0.00000008262 CJPY | 0.00 CJPY | 0.00 CJPY | 0.00 CJPY |
1,000 KHYPE | 0.0000001652 CJPY | 0.00 CJPY | 0.00 CJPY | 0.00 CJPY |
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