Convert syrupUSDC SYRUPUSDC to Convertible JPY Token CJPY
SYRUPUSDC to CJPY: 1 syrupUSDC converts to 265.62 CJPY
About SYRUPUSDC and CJPY
syrupUSDC is climbing, while Convertible JPY Token is falling this week. The current SYRUPUSDC to CJPY conversion rate is 265.62. Inversely, this means that if you convert 1 CJPY you will get 0.003765 SYRUPUSDC. The conversion rate of SYRUPUSDC/CJPY has increased by 0.33% in the last hour (CJPY/SYRUPUSDC decreased by 0.33%). In the last 24 hours, SYRUPUSDC/CJPY grew by 0.15%, while CJPY/SYRUPUSDC shrunk by the same amount.
The exchange rate of syrupUSDC is increasing. The current value of 1 SYRUPUSDC is 265.62 CJPY. In other words, to buy 5 syrupUSDC, it would cost you 1,328.11 CJPY. Inversely, 1 CJPY would allow you to trade for 0.003765 SYRUPUSDC while 50 CJPY would convert to 0.1882 SYRUPUSDC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.61%. Meanwhile, in the last 24 hours, the rate has changed by 0.19%, which means that the highest exchange rate of 1 SYRUPUSDC to CJPY was 266.63 CJPY and the lowest 24 hour value was 1 SYRUPUSDC for 257.45 CJPY. Last month, 1 SYRUPUSDC was worth 280.10 CJPY. Today, it's down 5.45%. Looking back a year, syrupUSDC has changed by 184.55 CJPY. That means that in a single year, the value of syrupUSDC has grown by 30.52%.
syrupUSDC Market Stats
syrupUSDC is Maple Finance's yield-bearing dollar. It allows users to earn yield by depositing USDC into Maple's institutional loan book. Yield is generated from overcollateralised loans to vetted institutional borrowers, with collateral ratios consistently at 150%+. Maple also offers syrupUSDT for USDT depositors. Maple has originated over $20 billion in loans with zero losses in its secured lending portfolio since 2023.
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
SYRUPUSDC to CJPY values from Today at 9:15 am
0.5 SYRUPUSDC = 132.81 CJPY |
1 SYRUPUSDC = 265.62 CJPY |
5 SYRUPUSDC = 1,328.11 CJPY |
10 SYRUPUSDC = 2,656.21 CJPY |
50 SYRUPUSDC = 13,281.06 CJPY |
100 SYRUPUSDC = 26,562.12 CJPY |
500 SYRUPUSDC = 132,810.60 CJPY |
1,000 SYRUPUSDC = 265,621.21 CJPY |
CJPY to SYRUPUSDC values from Today at 9:16 am
0.5 CJPY = 0.001882 SYRUPUSDC |
1 CJPY = 0.003765 SYRUPUSDC |
5 CJPY = 0.01882 SYRUPUSDC |
10 CJPY = 0.03765 SYRUPUSDC |
50 CJPY = 0.1882 SYRUPUSDC |
100 CJPY = 0.3765 SYRUPUSDC |
500 CJPY = 1.88 SYRUPUSDC |
1,000 CJPY = 3.76 SYRUPUSDC |
SYRUPUSDC to CJPY over time
SYRUPUSDC | Today | 24H 0.19% | 1M -5.45% | 1Y 30.52% |
|---|---|---|---|---|
0.5 SYRUPUSDC | 132.81 CJPY | 132.56 CJPY | 140.05 CJPY | 92.28 CJPY |
1 SYRUPUSDC | 265.62 CJPY | 265.12 CJPY | 280.10 CJPY | 184.55 CJPY |
5 SYRUPUSDC | 1,328.11 CJPY | 1,325.60 CJPY | 1,400.50 CJPY | 922.75 CJPY |
10 SYRUPUSDC | 2,656.21 CJPY | 2,651.20 CJPY | 2,801.00 CJPY | 1,845.50 CJPY |
50 SYRUPUSDC | 13,281.06 CJPY | 13,256.01 CJPY | 14,004.99 CJPY | 9,227.51 CJPY |
100 SYRUPUSDC | 26,562.12 CJPY | 26,512.01 CJPY | 28,009.97 CJPY | 18,455.03 CJPY |
500 SYRUPUSDC | 132,810.60 CJPY | 132,560.05 CJPY | 140,049.87 CJPY | 92,275.14 CJPY |
1,000 SYRUPUSDC | 265,621.21 CJPY | 265,120.11 CJPY | 280,099.74 CJPY | 184,550.29 CJPY |
Frequently asked questions
Right now, 1 syrupUSDC is worth about $1.18.
Based on the current rate, you could get 0.8501 SYRUPUSDC for 1 USD.
syrupUSDC price has been on the rise. Since yesterday, the exchange rate of syrupUSDC has increased. Since last month, the exchange rate of syrupUSDC has increased. Since this time last year, the price of syrupUSDC has increased.
You can use our SYRUPUSDC to USD calculator at the top of this page to convert any amount of SYRUPUSDC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.25 SYRUPUSDC. Inversely, 5 SYRUPUSDC will cost about $5.88
syrupUSDC can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy syrupUSDC.
There are a number of crypto assets that have the a similar or comparable market cap to syrupUSDC, including Aave USDT V2, Ethena Staked USDe, and Wrapped TRON. For a more robust list of assets to explore, jump to the asset page dedicated to syrupUSDC.
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