Convert Wrapped Savings rUSD WSRUSD to Convertible JPY Token CJPY
WSRUSD to CJPY: 1 Wrapped Savings rUSD converts to 254.71 CJPY
About WSRUSD and CJPY
Wrapped Savings rUSD is climbing, while Convertible JPY Token is falling this week. The current WSRUSD to CJPY conversion rate is 254.71. Inversely, this means that if you convert 1 CJPY you will get 0.003926 WSRUSD. The conversion rate of WSRUSD/CJPY has increased by 0.21% in the last hour (CJPY/WSRUSD decreased by 0.21%). In the last 24 hours, WSRUSD/CJPY grew by 0.3%, while CJPY/WSRUSD shrunk by the same amount.
The exchange rate of Wrapped Savings rUSD is increasing. The current value of 1 WSRUSD is 254.71 CJPY. In other words, to buy 5 Wrapped Savings rUSD, it would cost you 1,273.55 CJPY. Inversely, 1 CJPY would allow you to trade for 0.003926 WSRUSD while 50 CJPY would convert to 0.1963 WSRUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.37%. Meanwhile, in the last 24 hours, the rate has changed by 0.28%, which means that the highest exchange rate of 1 WSRUSD to CJPY was 257.77 CJPY and the lowest 24 hour value was 1 WSRUSD for 250.81 CJPY. Last month, 1 WSRUSD was worth 221.58 CJPY. Today, it's up 13.01%. Looking back a year, Wrapped Savings rUSD has changed by 158.65 CJPY. That means that in a single year, the value of Wrapped Savings rUSD has grown by 37.71%.
Wrapped Savings rUSD Market Stats
Reservoir is a multicollateral yield bearing stablecoin backed by RWAs and onchain strategies (tbills, overcollateralized onchain lending, funding rate strategies). This flexible infrastructure allows for consistently high yields paid out to through varying market conditions and sets up Reservoir to be the primary candidate for looping strategies. Reservoir is live on Ethereum & Berachain and recently crossed $250m in TVL.
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
WSRUSD to CJPY values from Today at 10:30 am
0.5 WSRUSD = 127.35 CJPY |
1 WSRUSD = 254.71 CJPY |
5 WSRUSD = 1,273.55 CJPY |
10 WSRUSD = 2,547.10 CJPY |
50 WSRUSD = 12,735.48 CJPY |
100 WSRUSD = 25,470.95 CJPY |
500 WSRUSD = 127,354.76 CJPY |
1,000 WSRUSD = 254,709.53 CJPY |
CJPY to WSRUSD values from Today at 10:29 am
0.5 CJPY = 0.001963 WSRUSD |
1 CJPY = 0.003926 WSRUSD |
5 CJPY = 0.01963 WSRUSD |
10 CJPY = 0.03926 WSRUSD |
50 CJPY = 0.1963 WSRUSD |
100 CJPY = 0.3926 WSRUSD |
500 CJPY = 1.96 WSRUSD |
1,000 CJPY = 3.93 WSRUSD |
WSRUSD to CJPY over time
WSRUSD | Today | 24H 0.28% | 1M 13.01% | 1Y 37.71% |
|---|---|---|---|---|
0.5 WSRUSD | 127.35 CJPY | 127.00 CJPY | 110.79 CJPY | 79.33 CJPY |
1 WSRUSD | 254.71 CJPY | 254.00 CJPY | 221.58 CJPY | 158.65 CJPY |
5 WSRUSD | 1,273.55 CJPY | 1,270.02 CJPY | 1,107.88 CJPY | 793.26 CJPY |
10 WSRUSD | 2,547.10 CJPY | 2,540.05 CJPY | 2,215.77 CJPY | 1,586.52 CJPY |
50 WSRUSD | 12,735.48 CJPY | 12,700.23 CJPY | 11,078.83 CJPY | 7,932.62 CJPY |
100 WSRUSD | 25,470.95 CJPY | 25,400.47 CJPY | 22,157.66 CJPY | 15,865.25 CJPY |
500 WSRUSD | 127,354.76 CJPY | 127,002.34 CJPY | 110,788.28 CJPY | 79,326.25 CJPY |
1,000 WSRUSD | 254,709.53 CJPY | 254,004.68 CJPY | 221,576.57 CJPY | 158,652.50 CJPY |
Frequently asked questions
Right now, 1 Wrapped Savings rUSD is worth about $1.08.
Based on the current rate, you could get 0.9231 WSRUSD for 1 USD.
Wrapped Savings rUSD price has been on the rise. Since yesterday, the exchange rate of Wrapped Savings rUSD has increased. Since last month, the exchange rate of Wrapped Savings rUSD has increased. Since this time last year, the price of Wrapped Savings rUSD has increased.
You can use our WSRUSD to USD calculator at the top of this page to convert any amount of WSRUSD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.62 WSRUSD. Inversely, 5 WSRUSD will cost about $5.42
Wrapped Savings rUSD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Wrapped Savings rUSD.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Savings rUSD, including HOPE, Autonio, and EncrypGen. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Savings rUSD.
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