Convert Turkmenistani Manat TMM to Convertible JPY Token CJPY
TMM to CJPY: 1 Turkmenistani Manat converts to 0.01303 CJPY
About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is TMM 76.77 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of TMM 16,177,901,179.04. The amount of Convertible JPY Token traded has risen by TMM 47,947,238 in the last 24 hours, which is a 67.03% increase. Additionally, in the last day, TMM 71,532,826 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is TMM 76.77 TMM. In other words, to buy 5 Convertible JPY Token, it would cost you TMM 383.84 TMM. Inversely, TMM 1 TMM would allow you to trade for 0.01303 CJPY while TMM 50 TMM would convert to 0.6513 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.65%. Meanwhile, in the last 24 hours, the rate has changed by 0.33%, which means that the highest exchange rate of 1 CJPY to TMM was TMM 78.17 TMM and the lowest 24 hour value was 1 CJPY for TMM 75.16 TMM. Last month, 1 CJPY was worth TMM 82.70 TMM. Today, it's down 7.37%. Looking back a year, Convertible JPY Token has changed by TMM 105.84 TMM. That means that in a single year, the value of Convertible JPY Token has shrank by 27.83%.
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
TMM to CJPY values from Today at
TMM 1 TMM = 0.006513 CJPY |
TMM 1 TMM = 0.01303 CJPY |
TMM 5 TMM = 0.06513 CJPY |
TMM 10 TMM = 0.1303 CJPY |
TMM 50 TMM = 0.6513 CJPY |
TMM 100 TMM = 1.30 CJPY |
TMM 500 TMM = 6.51 CJPY |
TMM 1,000 TMM = 13.03 CJPY |
CJPY to TMM values from Today at 12:17 pm
0.5 CJPY = TMM 38.38 TMM |
1 CJPY = TMM 76.77 TMM |
5 CJPY = TMM 383.84 TMM |
10 CJPY = TMM 767.69 TMM |
50 CJPY = TMM 3,838.43 TMM |
100 CJPY = TMM 7,676.86 TMM |
500 CJPY = TMM 38,384.29 TMM |
1,000 CJPY = TMM 76,768.58 TMM |
TMM to CJPY over time
TMM | Today | 24H -1.31% | 1M -1.21% | 1Y -0.94% |
|---|---|---|---|---|
0.5 TMM | 0.006513 CJPY | 0.006558 CJPY | 0.006046 CJPY | 0.004724 CJPY |
1 TMM | 0.01303 CJPY | 0.01312 CJPY | 0.01209 CJPY | 0.009448 CJPY |
5 TMM | 0.06513 CJPY | 0.06558 CJPY | 0.06046 CJPY | 0.04724 CJPY |
10 TMM | 0.1303 CJPY | 0.1312 CJPY | 0.1209 CJPY | 0.09448 CJPY |
50 TMM | 0.6513 CJPY | 0.6558 CJPY | 0.6046 CJPY | 0.4724 CJPY |
100 TMM | 1.30 CJPY | 1.31 CJPY | 1.21 CJPY | 0.9448 CJPY |
500 TMM | 6.51 CJPY | 6.56 CJPY | 6.05 CJPY | 4.72 CJPY |
1,000 TMM | 13.03 CJPY | 13.12 CJPY | 12.09 CJPY | 9.45 CJPY |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about TMM 76.77.
Based on the current rate, you could get 0.01303 CJPY for 1 TMM.
Convertible JPY Token price has been on the rise. Since yesterday, the exchange rate of Convertible JPY Token has increased. Since last month, the exchange rate of Convertible JPY Token has decreased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to TMM calculator at the top of this page to convert any amount of CJPY to TMM. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 TMM is equivalent to 0.06513 CJPY. Inversely, 5 CJPY will cost about TMM 383.84
Convertible JPY Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Convertible JPY Token.
There are a number of crypto assets that have the a similar or comparable market cap to Convertible JPY Token, including Fine, XRP20, and BNBcat. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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