Convert Parcl PRCL to Convertible JPY Token CJPY
PRCL to CJPY: 1 Parcl converts to 2.19 CJPY
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About PRCL and CJPY
Parcl is falling, while Convertible JPY Token is climbing this week. The current PRCL to CJPY conversion rate is 2.19. Inversely, this means that if you convert 1 CJPY you will get 0.4561 PRCL. The conversion rate of PRCL/CJPY has decreased by 0.52% in the last hour (CJPY/PRCL increased by 0.52%). In the last 24 hours, PRCL/CJPY shrunk by 14.34%, while CJPY/PRCL grew by the same amount.
The exchange rate of Parcl is decreasing. The current value of 1 PRCL is 2.19 CJPY. In other words, to buy 5 Parcl, it would cost you 10.96 CJPY. Inversely, 1 CJPY would allow you to trade for 0.4561 PRCL while 50 CJPY would convert to 22.80 PRCL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.82%. Meanwhile, in the last 24 hours, the rate has changed by 13.56%, and that the highest exchange rate of 1 PRCL to CJPY was 2.52 CJPY and the lowest 24 hour value was 1 PRCL for 2.08 CJPY. Last month, 1 PRCL was worth 2.52 CJPY. Today, it's down 15.09%. Looking back a year, Parcl has changed by 14.29 CJPY. That means that in a single year, the value of Parcl has shrank by 551.9%.
Parcl Market Stats
Parcl is a perpetuals exchange designed for real estate synthetics. PRCL acts as the governance token for the Parcl Protocol. PRCL can also be used to access institutional quality real estate data via an API powered by Parcl Labs.
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
PRCL to CJPY values from Today at 10:09 pm
0.5 PRCL = 1.10 CJPY |
1 PRCL = 2.19 CJPY |
5 PRCL = 10.96 CJPY |
10 PRCL = 21.93 CJPY |
50 PRCL = 109.64 CJPY |
100 PRCL = 219.27 CJPY |
500 PRCL = 1,096.35 CJPY |
1,000 PRCL = 2,192.71 CJPY |
CJPY to PRCL values from Today at 10:07 pm
0.5 CJPY = 0.228 PRCL |
1 CJPY = 0.4561 PRCL |
5 CJPY = 2.28 PRCL |
10 CJPY = 4.56 PRCL |
50 CJPY = 22.80 PRCL |
100 CJPY = 45.61 PRCL |
500 CJPY = 228.03 PRCL |
1,000 CJPY = 456.06 PRCL |
PRCL to CJPY over time
PRCL | Today | 24H -13.56% | 1M -15.09% | 1Y -551.90% |
|---|---|---|---|---|
0.5 PRCL | 1.10 CJPY | 1.25 CJPY | 1.26 CJPY | 7.15 CJPY |
1 PRCL | 2.19 CJPY | 2.49 CJPY | 2.52 CJPY | 14.29 CJPY |
5 PRCL | 10.96 CJPY | 12.45 CJPY | 12.62 CJPY | 71.47 CJPY |
10 PRCL | 21.93 CJPY | 24.90 CJPY | 25.24 CJPY | 142.94 CJPY |
50 PRCL | 109.64 CJPY | 124.50 CJPY | 126.18 CJPY | 714.71 CJPY |
100 PRCL | 219.27 CJPY | 249.00 CJPY | 252.37 CJPY | 1,429.42 CJPY |
500 PRCL | 1,096.35 CJPY | 1,245.01 CJPY | 1,261.84 CJPY | 7,147.12 CJPY |
1,000 PRCL | 2,192.71 CJPY | 2,490.02 CJPY | 2,523.67 CJPY | 14,294.24 CJPY |
Frequently asked questions
Right now, 1 Parcl is worth about $0.00945.
Based on the current rate, you could get 105.82 PRCL for 1 USD.
Parcl price has been declining. Since yesterday, the exchange rate of Parcl has decreased. Since last month, the exchange rate of Parcl has decreased. Since this time last year, the price of Parcl has decreased.
You can use our PRCL to USD calculator at the top of this page to convert any amount of PRCL to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 529.10 PRCL. Inversely, 5 PRCL will cost about $0.04725
Parcl is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Parcl.
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