Convert Rayls RLS to Convertible JPY Token CJPY
RLS to CJPY: 1 Rayls converts to 0.72 CJPY
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About RLS and CJPY
Rayls is falling, while Convertible JPY Token is climbing this week. The current RLS to CJPY conversion rate is 0.72. Inversely, this means that if you convert 1 CJPY you will get 1.39 RLS. The conversion rate of RLS/CJPY has decreased by 0.58% in the last hour (CJPY/RLS increased by 0.58%). In the last 24 hours, RLS/CJPY shrunk by 0.45%, while CJPY/RLS grew by the same amount.
The exchange rate of Rayls is decreasing. The current value of 1 RLS is 0.72 CJPY. In other words, to buy 5 Rayls, it would cost you 3.6002 CJPY. Inversely, 1 CJPY would allow you to trade for 1.39 RLS while 50 CJPY would convert to 69.44 RLS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.33%. Meanwhile, in the last 24 hours, the rate has changed by 0.85%, and that the highest exchange rate of 1 RLS to CJPY was 0.7324 CJPY and the lowest 24 hour value was 1 RLS for 0.6679 CJPY. Last month, 1 RLS was worth 0.8256 CJPY. Today, it's down 14.66%. Looking back a year, Rayls has changed by 0.00 CJPY. That means that in a single year, the value of Rayls has grown by 100%.
Rayls Market Stats
RLS is the native token of the Rayls blockchain, a network designed to connect traditional finance (banks, institutions) with decentralized finance. It is mainly used for transaction fees, staking, and governance across the Rayls ecosystem.
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
RLS to CJPY values from Today at 2:31 am
0.5 RLS = 0.36 CJPY |
1 RLS = 0.72 CJPY |
5 RLS = 3.60 CJPY |
10 RLS = 7.20 CJPY |
50 RLS = 36.00 CJPY |
100 RLS = 72.00 CJPY |
500 RLS = 360.02 CJPY |
1,000 RLS = 720.05 CJPY |
CJPY to RLS values from Today at 2:29 am
0.5 CJPY = 0.6944 RLS |
1 CJPY = 1.39 RLS |
5 CJPY = 6.94 RLS |
10 CJPY = 13.89 RLS |
50 CJPY = 69.44 RLS |
100 CJPY = 138.88 RLS |
500 CJPY = 694.40 RLS |
1,000 CJPY = 1,388.80 RLS |
RLS to CJPY over time
RLS | Today | 24H -0.85% | 1M -14.66% | 1Y 100.00% |
|---|---|---|---|---|
0.5 RLS | 0.36 CJPY | 0.3631 CJPY | 0.4128 CJPY | 0.00 CJPY |
1 RLS | 0.72 CJPY | 0.7262 CJPY | 0.8256 CJPY | 0.00 CJPY |
5 RLS | 3.60 CJPY | 3.63 CJPY | 4.13 CJPY | 0.00 CJPY |
10 RLS | 7.20 CJPY | 7.26 CJPY | 8.26 CJPY | 0.00 CJPY |
50 RLS | 36.00 CJPY | 36.31 CJPY | 41.28 CJPY | 0.00 CJPY |
100 RLS | 72.00 CJPY | 72.62 CJPY | 82.56 CJPY | 0.00 CJPY |
500 RLS | 360.02 CJPY | 363.08 CJPY | 412.80 CJPY | 0.00 CJPY |
1,000 RLS | 720.05 CJPY | 726.15 CJPY | 825.61 CJPY | 0.00 CJPY |
Frequently asked questions
Right now, 1 Rayls is worth about $0.002986.
Based on the current rate, you could get 334.88 RLS for 1 USD.
Rayls price has been on the rise. Since yesterday, the exchange rate of Rayls has increased. Since last month, the exchange rate of Rayls has decreased. Since this time last year, the price of Rayls has decreased.
You can use our RLS to USD calculator at the top of this page to convert any amount of RLS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1,674.42 RLS. Inversely, 5 RLS will cost about $0.01493
Rayls is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Rayls.
There are a number of crypto assets that have the a similar or comparable market cap to Rayls, including Avalon Labs (AVL), Ref Finance, and Broccoli (firstbroccoli.com). For a more robust list of assets to explore, jump to the asset page dedicated to Rayls.
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