Convert Lebanese Pound LBP to Convertible JPY Token CJPY
LBP to CJPY: 1 Lebanese Pound converts to 0.002162 CJPY
About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is LBP 462.52 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of LBP 98,341,936,220.29. The amount of Convertible JPY Token traded has fallen by -LBP 171,397,248 in the last 24 hours, which is a 64.24% decrease. Additionally, in the last day, LBP 266,798,090 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is LBP 462.52 LBP. In other words, to buy 5 Convertible JPY Token, it would cost you LBP 2,312.58 LBP. Inversely, LBP 1 LBP would allow you to trade for 0.002162 CJPY while LBP 50 LBP would convert to 0.1081 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.56%. Meanwhile, in the last 24 hours, the rate has changed by 0.27%, which means that the highest exchange rate of 1 CJPY to LBP was LBP 465.36 LBP and the lowest 24 hour value was 1 CJPY for LBP 459.58 LBP. Last month, 1 CJPY was worth LBP 445.90 LBP. Today, it's up 4.01%. Looking back a year, Convertible JPY Token has changed by LBP 513.34 LBP. That means that in a single year, the value of Convertible JPY Token has shrank by 9.61%.
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
LBP to CJPY values from Today at 1:11 pm
LBP 1 LBP = 0.001081 CJPY |
LBP 1 LBP = 0.002162 CJPY |
LBP 5 LBP = 0.01081 CJPY |
LBP 10 LBP = 0.02162 CJPY |
LBP 50 LBP = 0.1081 CJPY |
LBP 100 LBP = 0.2162 CJPY |
LBP 500 LBP = 1.08 CJPY |
LBP 1,000 LBP = 2.16 CJPY |
CJPY to LBP values from Today at 1:09 pm
0.5 CJPY = LBP 231.26 LBP |
1 CJPY = LBP 462.52 LBP |
5 CJPY = LBP 2,312.58 LBP |
10 CJPY = LBP 4,625.17 LBP |
50 CJPY = LBP 23,125.83 LBP |
100 CJPY = LBP 46,251.65 LBP |
500 CJPY = LBP 231,258.27 LBP |
1,000 CJPY = LBP 462,516.53 LBP |
LBP to CJPY over time
LBP | Today | 24H -5,027,498.30% | 1M -5,236,233.66% | 1Y -4,548,280.88% |
|---|---|---|---|---|
0.5 LBP | 0.001081 CJPY | 0.001077 CJPY | 0.001121 CJPY | 0.000974 CJPY |
1 LBP | 0.002162 CJPY | 0.002153 CJPY | 0.002243 CJPY | 0.001948 CJPY |
5 LBP | 0.01081 CJPY | 0.01077 CJPY | 0.01121 CJPY | 0.00974 CJPY |
10 LBP | 0.02162 CJPY | 0.02153 CJPY | 0.02243 CJPY | 0.01948 CJPY |
50 LBP | 0.1081 CJPY | 0.1077 CJPY | 0.1121 CJPY | 0.0974 CJPY |
100 LBP | 0.2162 CJPY | 0.2153 CJPY | 0.2243 CJPY | 0.1948 CJPY |
500 LBP | 1.08 CJPY | 1.08 CJPY | 1.12 CJPY | 0.974 CJPY |
1,000 LBP | 2.16 CJPY | 2.15 CJPY | 2.24 CJPY | 1.95 CJPY |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about LBP 462.52.
Based on the current rate, you could get 0.002162 CJPY for 1 LBP.
Convertible JPY Token price has been declining. Since yesterday, the exchange rate of Convertible JPY Token has decreased. Since last month, the exchange rate of Convertible JPY Token has increased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to LBP calculator at the top of this page to convert any amount of CJPY to LBP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 LBP is equivalent to 0.01081 CJPY. Inversely, 5 CJPY will cost about LBP 2,312.58
Convertible JPY Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Convertible JPY Token.
There are a number of crypto assets that have the a similar or comparable market cap to Convertible JPY Token, including Short-term T-Bill Token, BaseX, and Fine. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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