Convert VeThor Token VTHO to Convertible JPY Token CJPY
VTHO to CJPY: 1 VeThor Token converts to 0.09231 CJPY
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About VTHO and CJPY
VeThor Token is falling, while Convertible JPY Token is climbing this week. The current VTHO to CJPY conversion rate is 0.09231. Inversely, this means that if you convert 1 CJPY you will get 10.83 VTHO. The conversion rate of VTHO/CJPY has decreased by 1.13% in the last hour (CJPY/VTHO increased by 1.13%). In the last 24 hours, VTHO/CJPY shrunk by 2.36%, while CJPY/VTHO grew by the same amount.
The exchange rate of VeThor Token is decreasing. The current value of 1 VTHO is 0.09231 CJPY. In other words, to buy 5 VeThor Token, it would cost you 0.46155 CJPY. Inversely, 1 CJPY would allow you to trade for 10.83 VTHO while 50 CJPY would convert to 541.65 VTHO, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.08%. Meanwhile, in the last 24 hours, the rate has changed by 2.28%, and that the highest exchange rate of 1 VTHO to CJPY was 0.09536 CJPY and the lowest 24 hour value was 1 VTHO for 0.09128 CJPY. Last month, 1 VTHO was worth 0.1229 CJPY. Today, it's down 33.16%. Looking back a year, VeThor Token has changed by 0.3454 CJPY. That means that in a single year, the value of VeThor Token has shrank by 274.16%.
VeThor Token Market Stats
VeThor Token (VTHO) is the utility token of the VeChainThor blockchain, serving as gas for transactions, smart contracts, and on-chain activities. Its use is essential for network functionality. VeChain’s dual-token model separates VET (value) from VTHO (utility), ensuring predictable costs and scalability. VTHO is also earned through the StarGate staking program, adding value for users. As a VIP-180 Standard token, it underpins VeChain’s mission to support blockchain adoption and real-world applications. With rising transaction demand driving utility and potential value, VTHO remains a core asset in the expanding VeChain 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
VTHO to CJPY values from Today at 2:28 pm
0.5 VTHO = 0.04616 CJPY |
1 VTHO = 0.09231 CJPY |
5 VTHO = 0.4616 CJPY |
10 VTHO = 0.9231 CJPY |
50 VTHO = 4.62 CJPY |
100 VTHO = 9.23 CJPY |
500 VTHO = 46.16 CJPY |
1,000 VTHO = 92.31 CJPY |
CJPY to VTHO values from Today at 2:25 pm
0.5 CJPY = 5.42 VTHO |
1 CJPY = 10.83 VTHO |
5 CJPY = 54.16 VTHO |
10 CJPY = 108.33 VTHO |
50 CJPY = 541.65 VTHO |
100 CJPY = 1,083.30 VTHO |
500 CJPY = 5,416.49 VTHO |
1,000 CJPY = 10,832.99 VTHO |
VTHO to CJPY over time
VTHO | Today | 24H -2.28% | 1M -33.16% | 1Y -274.16% |
|---|---|---|---|---|
0.5 VTHO | 0.04616 CJPY | 0.04721 CJPY | 0.06146 CJPY | 0.1727 CJPY |
1 VTHO | 0.09231 CJPY | 0.09441 CJPY | 0.1229 CJPY | 0.3454 CJPY |
5 VTHO | 0.4616 CJPY | 0.4721 CJPY | 0.6146 CJPY | 1.73 CJPY |
10 VTHO | 0.9231 CJPY | 0.9441 CJPY | 1.23 CJPY | 3.45 CJPY |
50 VTHO | 4.62 CJPY | 4.72 CJPY | 6.15 CJPY | 17.27 CJPY |
100 VTHO | 9.23 CJPY | 9.44 CJPY | 12.29 CJPY | 34.54 CJPY |
500 VTHO | 46.16 CJPY | 47.21 CJPY | 61.46 CJPY | 172.69 CJPY |
1,000 VTHO | 92.31 CJPY | 94.41 CJPY | 122.92 CJPY | 345.39 CJPY |
Frequently asked questions
Right now, 1 VeThor Token is worth about $0.000389.
Based on the current rate, you could get 2,570.69 VTHO for 1 USD.
VeThor Token price has been declining. Since yesterday, the exchange rate of VeThor Token has decreased. Since last month, the exchange rate of VeThor Token has decreased. Since this time last year, the price of VeThor Token has decreased.
You can use our VTHO to USD calculator at the top of this page to convert any amount of VTHO to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 12,853.47 VTHO. Inversely, 5 VTHO will cost about $0.001945
VeThor Token is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy VeThor Token.
There are a number of crypto assets that have the a similar or comparable market cap to VeThor Token, including Gemini Dollar, Aave GUSD V2, and Zest Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to VeThor Token.
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