Convert Convertible JPY Token CJPY to Cap CAP
CJPY to CAP: 1 Convertible JPY Token converts to 0.07645 CAP
About CJPY and CAP
Convertible JPY Token is climbing, while Cap is falling this week. The current CJPY to CAP conversion rate is 0.07645. Inversely, this means that if you convert 1 CAP you will get 13.08 CJPY. The conversion rate of CJPY/CAP has decreased by 0.72% in the last hour (CAP/CJPY increased by 0.72%). In the last 24 hours, CJPY/CAP grew by 5.6%, while CAP/CJPY shrunk by the same amount.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.07645 CAP. In other words, to buy 5 Convertible JPY Token, it would cost you 0.38227 CAP. Inversely, 1 CAP would allow you to trade for 13.08 CJPY while 50 CAP would convert to 653.99 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.4%. Meanwhile, in the last 24 hours, the rate has changed by 3.49%, and that the highest exchange rate of 1 CJPY to CAP was 0.07923 CAP and the lowest 24 hour value was 1 CJPY for 0.06949 CAP. Last month, 1 CJPY was worth 0.2363 CAP. Today, it's down 209.13%. Looking back a year, Convertible JPY Token has changed by ∞ CAP. That means that in a single year, the value of Convertible JPY Token has shrank by ∞%.
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.
Cap Market Stats
Cap is a decentralized finance protocol focused on cryptocurrency trading with leverage and zero slippage. The $CAP token is used for staking and governance within the platform.
Conversion tables
CJPY to CAP values from Today at 12:41 am
0.5 CJPY = 0.03823 CAP |
1 CJPY = 0.07645 CAP |
5 CJPY = 0.3823 CAP |
10 CJPY = 0.7645 CAP |
50 CJPY = 3.82 CAP |
100 CJPY = 7.65 CAP |
500 CJPY = 38.23 CAP |
1,000 CJPY = 76.45 CAP |
CAP to CJPY values from Today at 12:43 am
0.5 CAP = 6.54 CJPY |
1 CAP = 13.08 CJPY |
5 CAP = 65.40 CJPY |
10 CAP = 130.80 CJPY |
50 CAP = 653.99 CJPY |
100 CAP = 1,307.98 CJPY |
500 CAP = 6,539.88 CJPY |
1,000 CAP = 13,079.76 CJPY |
CJPY to CAP over time
CJPY | Today | 24H 3.49% | 1M -209.13% | 1Y -10,725.95% |
|---|---|---|---|---|
0.5 CJPY | 0.03823 CAP | 0.03689 CAP | 0.1182 CAP | 4.14 CAP |
1 CJPY | 0.07645 CAP | 0.07379 CAP | 0.2363 CAP | 8.28 CAP |
5 CJPY | 0.3823 CAP | 0.3689 CAP | 1.18 CAP | 41.38 CAP |
10 CJPY | 0.7645 CAP | 0.7379 CAP | 2.36 CAP | 82.77 CAP |
50 CJPY | 3.82 CAP | 3.69 CAP | 11.82 CAP | 413.84 CAP |
100 CJPY | 7.65 CAP | 7.38 CAP | 23.63 CAP | 827.69 CAP |
500 CJPY | 38.23 CAP | 36.89 CAP | 118.17 CAP | 4,138.44 CAP |
1,000 CJPY | 76.45 CAP | 73.79 CAP | 236.35 CAP | 8,276.88 CAP |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about ARS 7.53.
Based on the current rate, you could get 0.1328 CJPY for 1 ARS.
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 increased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to ARS calculator at the top of this page to convert any amount of CJPY to ARS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ARS is equivalent to 0.6642 CJPY. Inversely, 5 CJPY will cost about ARS 37.64
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 Waggle Network, Crown Token, and Cedar. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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