Convert SUKU SUKU to Convertible JPY Token CJPY
SUKU to CJPY: 1 SUKU converts to 0.8863 CJPY
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About SUKU and CJPY
SUKU is falling, while Convertible JPY Token is climbing this week. The current SUKU to CJPY conversion rate is 0.8863. Inversely, this means that if you convert 1 CJPY you will get 1.13 SUKU. The conversion rate of SUKU/CJPY has increased by 0.12% in the last hour (CJPY/SUKU decreased by 0.12%). In the last 24 hours, SUKU/CJPY shrunk by 2.6%, while CJPY/SUKU grew by the same amount.
The exchange rate of SUKU is decreasing. The current value of 1 SUKU is 0.8863 CJPY. In other words, to buy 5 SUKU, it would cost you 4.4317 CJPY. Inversely, 1 CJPY would allow you to trade for 1.13 SUKU while 50 CJPY would convert to 56.41 SUKU, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.44%. Meanwhile, in the last 24 hours, the rate has changed by 2.78%, and that the highest exchange rate of 1 SUKU to CJPY was 0.9119 CJPY and the lowest 24 hour value was 1 SUKU for 0.8767 CJPY. Last month, 1 SUKU was worth 0.8697 CJPY. Today, it's up 1.88%. Looking back a year, SUKU has changed by 6.00 CJPY. That means that in a single year, the value of SUKU has shrank by 577.13%.
SUKU Market Stats
SUKU is an Ethereum token that powers the SUKU Platform, a blockchain-based ecosystem that aims to make supply chains more transparent. SUKU tokens can be used for platform governance and to reward users and SUKU node operators. SUKU Platform is also developing applications for DeFi lending and NFT marketplaces.
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
SUKU to CJPY values from Today at 3:03 am
0.5 SUKU = 0.4432 CJPY |
1 SUKU = 0.8863 CJPY |
5 SUKU = 4.43 CJPY |
10 SUKU = 8.86 CJPY |
50 SUKU = 44.32 CJPY |
100 SUKU = 88.63 CJPY |
500 SUKU = 443.17 CJPY |
1,000 SUKU = 886.34 CJPY |
CJPY to SUKU values from Today at 3:16 am
0.5 CJPY = 0.5641 SUKU |
1 CJPY = 1.13 SUKU |
5 CJPY = 5.64 SUKU |
10 CJPY = 11.28 SUKU |
50 CJPY = 56.41 SUKU |
100 CJPY = 112.82 SUKU |
500 CJPY = 564.12 SUKU |
1,000 CJPY = 1,128.23 SUKU |
SUKU to CJPY over time
SUKU | Today | 24H -2.78% | 1M 1.88% | 1Y -577.13% |
|---|---|---|---|---|
0.5 SUKU | 0.4432 CJPY | 0.4555 CJPY | 0.4348 CJPY | 3.00 CJPY |
1 SUKU | 0.8863 CJPY | 0.9109 CJPY | 0.8697 CJPY | 6.00 CJPY |
5 SUKU | 4.43 CJPY | 4.55 CJPY | 4.35 CJPY | 30.01 CJPY |
10 SUKU | 8.86 CJPY | 9.11 CJPY | 8.70 CJPY | 60.02 CJPY |
50 SUKU | 44.32 CJPY | 45.55 CJPY | 43.48 CJPY | 300.08 CJPY |
100 SUKU | 88.63 CJPY | 91.09 CJPY | 86.97 CJPY | 600.17 CJPY |
500 SUKU | 443.17 CJPY | 455.47 CJPY | 434.83 CJPY | 3,000.84 CJPY |
1,000 SUKU | 886.34 CJPY | 910.95 CJPY | 869.66 CJPY | 6,001.69 CJPY |
Frequently asked questions
Right now, 1 SUKU is worth about $0.004613.
Based on the current rate, you could get 216.78 SUKU for 1 USD.
SUKU price has been declining. Since yesterday, the exchange rate of SUKU has decreased. Since last month, the exchange rate of SUKU has increased. Since this time last year, the price of SUKU has decreased.
You can use our SUKU to USD calculator at the top of this page to convert any amount of SUKU to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1,083.89 SUKU. Inversely, 5 SUKU will cost about $0.02307
SUKU is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy SUKU.
There are a number of crypto assets that have the a similar or comparable market cap to SUKU, including Ancient8, Cycle Network, and iShares Core S&P MidCap Tokenized ETF (Ondo). For a more robust list of assets to explore, jump to the asset page dedicated to SUKU.
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