Convert Wrapped Flare WFLR to Convertible JPY Token CJPY
WFLR to CJPY: 1 Wrapped Flare converts to 1.44 CJPY
Wrapped Flare (WFLR) is not tradable on Coinbase.
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About WFLR and CJPY
Wrapped Flare is falling, while Convertible JPY Token is climbing this week. The current WFLR to CJPY conversion rate is 1.44. Inversely, this means that if you convert 1 CJPY you will get 0.6961 WFLR. The conversion rate of WFLR/CJPY has increased by 0.05% in the last hour (CJPY/WFLR decreased by 0.05%). In the last 24 hours, WFLR/CJPY shrunk by 1.79%, while CJPY/WFLR grew by the same amount.
The exchange rate of Wrapped Flare is decreasing. The current value of 1 WFLR is 1.44 CJPY. In other words, to buy 5 Wrapped Flare, it would cost you 7.18 CJPY. Inversely, 1 CJPY would allow you to trade for 0.6961 WFLR while 50 CJPY would convert to 34.80 WFLR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.38%. Meanwhile, in the last 24 hours, the rate has changed by 1.79%, and that the highest exchange rate of 1 WFLR to CJPY was 1.53 CJPY and the lowest 24 hour value was 1 WFLR for 1.43 CJPY. Last month, 1 WFLR was worth 1.85 CJPY. Today, it's down 28.62%. Looking back a year, Wrapped Flare has changed by 2.81 CJPY. That means that in a single year, the value of Wrapped Flare has shrank by 95.84%.
Wrapped Flare Market Stats
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
WFLR to CJPY values from Today at 3:27 pm
0.5 WFLR = 0.7183 CJPY |
1 WFLR = 1.44 CJPY |
5 WFLR = 7.18 CJPY |
10 WFLR = 14.37 CJPY |
50 WFLR = 71.83 CJPY |
100 WFLR = 143.66 CJPY |
500 WFLR = 718.30 CJPY |
1,000 WFLR = 1,436.61 CJPY |
CJPY to WFLR values from Today at 3:26 pm
0.5 CJPY = 0.348 WFLR |
1 CJPY = 0.6961 WFLR |
5 CJPY = 3.48 WFLR |
10 CJPY = 6.96 WFLR |
50 CJPY = 34.80 WFLR |
100 CJPY = 69.61 WFLR |
500 CJPY = 348.04 WFLR |
1,000 CJPY = 696.08 WFLR |
WFLR to CJPY over time
WFLR | Today | 24H -1.79% | 1M -28.62% | 1Y -95.84% |
|---|---|---|---|---|
0.5 WFLR | 0.7183 CJPY | 0.7311 CJPY | 0.9239 CJPY | 1.41 CJPY |
1 WFLR | 1.44 CJPY | 1.46 CJPY | 1.85 CJPY | 2.81 CJPY |
5 WFLR | 7.18 CJPY | 7.31 CJPY | 9.24 CJPY | 14.07 CJPY |
10 WFLR | 14.37 CJPY | 14.62 CJPY | 18.48 CJPY | 28.14 CJPY |
50 WFLR | 71.83 CJPY | 73.11 CJPY | 92.39 CJPY | 140.68 CJPY |
100 WFLR | 143.66 CJPY | 146.23 CJPY | 184.78 CJPY | 281.35 CJPY |
500 WFLR | 718.30 CJPY | 731.13 CJPY | 923.92 CJPY | 1,406.75 CJPY |
1,000 WFLR | 1,436.61 CJPY | 1,462.26 CJPY | 1,847.83 CJPY | 2,813.50 CJPY |
Frequently asked questions
Right now, 1 Wrapped Flare is worth about $0.006692.
Based on the current rate, you could get 149.42 WFLR for 1 USD.
Wrapped Flare price has been on the rise. Since yesterday, the exchange rate of Wrapped Flare has increased. Since last month, the exchange rate of Wrapped Flare has decreased. Since this time last year, the price of Wrapped Flare has decreased.
You can use our WFLR to USD calculator at the top of this page to convert any amount of WFLR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 747.11 WFLR. Inversely, 5 WFLR will cost about $0.03346
Wrapped Flare is not currently available through Coinbase, but you can sign up to get the latest news on Wrapped Flare and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Flare, including AB Group, iAgent Protocol, and Stride Staked ISLM. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Flare.
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