Convert Macedonian Denar MKD to Convertible JPY Token CJPY
1 MKD converts to 4.42 CJPY
About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is MKD 0.2263 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of MKD 48,572,888.14. The amount of Convertible JPY Token traded has risen by MKD 348,666.90 in the last 24 hours, which is a 87.42% increase. Additionally, in the last day, MKD 398,822.42 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is MKD 0.2263 MKD. In other words, to buy 5 Convertible JPY Token, it would cost you MKD 1.1315 MKD. Inversely, MKD 1.00 MKD would allow you to trade for 4.42 CJPY while MKD 50.00 MKD would convert to 220.94 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.09%. Meanwhile, in the last 24 hours, the rate has changed by 1.36%, and that the highest exchange rate of 1 CJPY to MKD was MKD 0.2315 MKD and the lowest 24 hour value was 1 CJPY for MKD 0.2234 MKD. Last month, 1 CJPY was worth MKD 0.2795 MKD. Today, it's down 19.58%. Looking back a year, Convertible JPY Token has changed by MKD 0.3208 MKD. That means that in a single year, the value of Convertible JPY Token has shrank by 28.54%.
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
MKD to CJPY values from Today at
MKD 0.50 MKD = 2.21 CJPY |
MKD 1.00 MKD = 4.42 CJPY |
MKD 5.00 MKD = 22.09 CJPY |
MKD 10.00 MKD = 44.19 CJPY |
MKD 50.00 MKD = 220.94 CJPY |
MKD 100.00 MKD = 441.88 CJPY |
MKD 500.00 MKD = 2,209.40 CJPY |
MKD 1,000.00 MKD = 4,418.81 CJPY |
CJPY to MKD values from Today at 7:49 pm
0.5 CJPY = MKD 0.1132 MKD |
1 CJPY = MKD 0.2263 MKD |
5 CJPY = MKD 1.13 MKD |
10 CJPY = MKD 2.26 MKD |
50 CJPY = MKD 11.32 MKD |
100 CJPY = MKD 22.63 MKD |
500 CJPY = MKD 113.15 MKD |
1,000 CJPY = MKD 226.31 MKD |
MKD to CJPY over time
MKD | Today | 24H -435.02% | 1M -357.84% | 1Y -311.71% |
|---|---|---|---|---|
0.5 MKD | 2.21 CJPY | 2.18 CJPY | 1.79 CJPY | 1.56 CJPY |
1 MKD | 4.42 CJPY | 4.35 CJPY | 3.58 CJPY | 3.12 CJPY |
5 MKD | 22.09 CJPY | 21.75 CJPY | 17.89 CJPY | 15.59 CJPY |
10 MKD | 44.19 CJPY | 43.50 CJPY | 35.78 CJPY | 31.17 CJPY |
50 MKD | 220.94 CJPY | 217.51 CJPY | 178.92 CJPY | 155.86 CJPY |
100 MKD | 441.88 CJPY | 435.02 CJPY | 357.84 CJPY | 311.71 CJPY |
500 MKD | 2,209.40 CJPY | 2,175.11 CJPY | 1,789.19 CJPY | 1,558.57 CJPY |
1,000 MKD | 4,418.81 CJPY | 4,350.22 CJPY | 3,578.39 CJPY | 3,117.15 CJPY |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about MKD 0.2263.
Based on the current rate, you could get 4.42 CJPY for 1 MKD.
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 decreased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to MKD calculator at the top of this page to convert any amount of CJPY to MKD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MKD is equivalent to 22.09 CJPY. Inversely, 5 CJPY will cost about MKD 1.13
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 BNBcat, BaseX, and OLYMPIC GAMES DOGE. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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