Convert Marinade MNDE to Convertible JPY Token CJPY
1 MNDE converts to 4.49 CJPY
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Restrictions apply, see full terms.
Restrictions apply, see full terms.
About MNDE and CJPY
Marinade is falling, while Convertible JPY Token is climbing this week. The current MNDE to CJPY conversion rate is 4.49. Inversely, this means that if you convert 1 CJPY you will get 0.2228 MNDE. The conversion rate of MNDE/CJPY has increased by 0.13% in the last hour (CJPY/MNDE decreased by 0.13%). In the last 24 hours, MNDE/CJPY shrunk by 3.24%, while CJPY/MNDE grew by the same amount.
The exchange rate of Marinade is decreasing. The current value of 1 MNDE is 4.49 CJPY. In other words, to buy 5 Marinade, it would cost you 22.44 CJPY. Inversely, 1 CJPY would allow you to trade for 0.2228 MNDE while 50 CJPY would convert to 11.14 MNDE, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.34%. Meanwhile, in the last 24 hours, the rate has changed by 3.35%, which means that the highest exchange rate of 1 MNDE to CJPY was 4.64 CJPY and the lowest 24 hour value was 1 MNDE for 4.39 CJPY. Last month, 1 MNDE was worth 3.99 CJPY. Today, it's up 11.05%. Looking back a year, Marinade has changed by 18.96 CJPY. That means that in a single year, the value of Marinade has shrank by 322.52%.
Marinade Market Stats
MNDE is the governance token of Marinade.Finance, a liquid and native staking protocol on Solana. Users lock MNDE in Realms SPL governance to participate in voting, control the DAO treasury, and can direct stake to validators using locked MNDE. The Marinade DAO oversees various aspects of Marinade.Finance’s development, including the staking delegation strategy.
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
MNDE to CJPY values from Today at 4:57 am
0.5 MNDE = 2.24 CJPY |
1 MNDE = 4.49 CJPY |
5 MNDE = 22.44 CJPY |
10 MNDE = 44.88 CJPY |
50 MNDE = 224.39 CJPY |
100 MNDE = 448.77 CJPY |
500 MNDE = 2,243.85 CJPY |
1,000 MNDE = 4,487.71 CJPY |
CJPY to MNDE values from Today at 4:54 am
0.5 CJPY = 0.1114 MNDE |
1 CJPY = 0.2228 MNDE |
5 CJPY = 1.11 MNDE |
10 CJPY = 2.23 MNDE |
50 CJPY = 11.14 MNDE |
100 CJPY = 22.28 MNDE |
500 CJPY = 111.42 MNDE |
1,000 CJPY = 222.83 MNDE |
MNDE to CJPY over time
MNDE | Today | 24H -3.35% | 1M 11.05% | 1Y -322.52% |
|---|---|---|---|---|
0.5 MNDE | 2.24 CJPY | 2.32 CJPY | 2.00 CJPY | 9.48 CJPY |
1 MNDE | 4.49 CJPY | 4.64 CJPY | 3.99 CJPY | 18.96 CJPY |
5 MNDE | 22.44 CJPY | 23.19 CJPY | 19.96 CJPY | 94.81 CJPY |
10 MNDE | 44.88 CJPY | 46.38 CJPY | 39.92 CJPY | 189.61 CJPY |
50 MNDE | 224.39 CJPY | 231.91 CJPY | 199.60 CJPY | 948.06 CJPY |
100 MNDE | 448.77 CJPY | 463.82 CJPY | 399.20 CJPY | 1,896.12 CJPY |
500 MNDE | 2,243.85 CJPY | 2,319.12 CJPY | 1,996.02 CJPY | 9,480.62 CJPY |
1,000 MNDE | 4,487.71 CJPY | 4,638.24 CJPY | 3,992.03 CJPY | 18,961.24 CJPY |
Frequently asked questions
Right now, 1 Marinade is worth about $0.01863.
Based on the current rate, you could get 53.69 MNDE for 1 USD.
Marinade price has been declining. Since yesterday, the exchange rate of Marinade has decreased. Since last month, the exchange rate of Marinade has decreased. Since this time last year, the price of Marinade has decreased.
You can use our MNDE to USD calculator at the top of this page to convert any amount of MNDE to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 268.46 MNDE. Inversely, 5 MNDE will cost about $0.09313
Marinade is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Marinade.
There are a number of crypto assets that have the a similar or comparable market cap to Marinade, including JGGL, Copiosa Coin, and Black Phoenix. For a more robust list of assets to explore, jump to the asset page dedicated to Marinade.
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