Convert TrueFi TRU to Convertible JPY Token CJPY
TRU to CJPY: 1 TrueFi converts to 0.2212 CJPY
About TRU and CJPY
TrueFi is falling, while Convertible JPY Token is climbing this week. The current TRU to CJPY conversion rate is 0.2212. Inversely, this means that if you convert 1 CJPY you will get 4.52 TRU. The conversion rate of TRU/CJPY has decreased by 3.1% in the last hour (CJPY/TRU increased by 3.1%). In the last 24 hours, TRU/CJPY shrunk by 39.42%, while CJPY/TRU grew by the same amount.
The exchange rate of TrueFi is decreasing. The current value of 1 TRU is 0.2212 CJPY. In other words, to buy 5 TrueFi, it would cost you 1.1062 CJPY. Inversely, 1 CJPY would allow you to trade for 4.52 TRU while 50 CJPY would convert to 226.00 TRU, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 67.94%. Meanwhile, in the last 24 hours, the rate has changed by 26.87%, and that the highest exchange rate of 1 TRU to CJPY was 0.3666 CJPY and the lowest 24 hour value was 1 TRU for 0.2017 CJPY. Last month, 1 TRU was worth 0.4142 CJPY. Today, it's down 87.22%. Looking back a year, TrueFi has changed by 5.79 CJPY. That means that in a single year, the value of TrueFi has shrank by 2,516.93%.
TrueFi Market Stats
TRU is an Ethereum token that powers TrueFi, a decentralized finance protocol for uncollateralized lending using on-chain credit scores. TRU can be used for staking (i.e. to approve or reject new loans) and governance on the TrueFi protocol.
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
TRU to CJPY values from Today at 10:17 pm
0.5 TRU = 0.1106 CJPY |
1 TRU = 0.2212 CJPY |
5 TRU = 1.11 CJPY |
10 TRU = 2.21 CJPY |
50 TRU = 11.06 CJPY |
100 TRU = 22.12 CJPY |
500 TRU = 110.62 CJPY |
1,000 TRU = 221.24 CJPY |
CJPY to TRU values from Today at 10:17 pm
0.5 CJPY = 2.26 TRU |
1 CJPY = 4.52 TRU |
5 CJPY = 22.60 TRU |
10 CJPY = 45.20 TRU |
50 CJPY = 226.00 TRU |
100 CJPY = 451.99 TRU |
500 CJPY = 2,259.97 TRU |
1,000 CJPY = 4,519.94 TRU |
TRU to CJPY over time
TRU | Today | 24H -26.87% | 1M -87.22% | 1Y -2,516.93% |
|---|---|---|---|---|
0.5 TRU | 0.1106 CJPY | 0.1403 CJPY | 0.2071 CJPY | 2.89 CJPY |
1 TRU | 0.2212 CJPY | 0.2807 CJPY | 0.4142 CJPY | 5.79 CJPY |
5 TRU | 1.11 CJPY | 1.40 CJPY | 2.07 CJPY | 28.95 CJPY |
10 TRU | 2.21 CJPY | 2.81 CJPY | 4.14 CJPY | 57.90 CJPY |
50 TRU | 11.06 CJPY | 14.03 CJPY | 20.71 CJPY | 289.49 CJPY |
100 TRU | 22.12 CJPY | 28.07 CJPY | 41.42 CJPY | 578.97 CJPY |
500 TRU | 110.62 CJPY | 140.35 CJPY | 207.11 CJPY | 2,894.87 CJPY |
1,000 TRU | 221.24 CJPY | 280.70 CJPY | 414.21 CJPY | 5,789.75 CJPY |
Frequently asked questions
Right now, 1 TrueFi is worth about $0.0009201.
Based on the current rate, you could get 1,086.85 TRU for 1 USD.
TrueFi price has been declining. Since yesterday, the exchange rate of TrueFi has decreased. Since last month, the exchange rate of TrueFi has decreased. Since this time last year, the price of TrueFi has decreased.
You can use our TRU to USD calculator at the top of this page to convert any amount of TRU to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5,434.27 TRU. Inversely, 5 TRU will cost about $0.0046
TrueFi is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy TrueFi.
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