Convert Convertible JPY Token CJPY to Shadow Token SHDW
CJPY to SHDW: 1 Convertible JPY Token converts to 0.144 SHDW
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About CJPY and SHDW
Convertible JPY Token is falling, while Shadow Token is climbing this week. The current CJPY to SHDW conversion rate is 0.144. Inversely, this means that if you convert 1 SHDW you will get 6.94 CJPY. The conversion rate of CJPY/SHDW has increased by 15.87% in the last hour (SHDW/CJPY decreased by 15.87%). In the last 24 hours, CJPY/SHDW shrunk by 73.23%, while SHDW/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.144 SHDW. In other words, to buy 5 Convertible JPY Token, it would cost you 0.7201 SHDW. Inversely, 1 SHDW would allow you to trade for 6.94 CJPY while 50 SHDW would convert to 347.19 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 86.67%. Meanwhile, in the last 24 hours, the rate has changed by 74.19%, and that the highest exchange rate of 1 CJPY to SHDW was 0.2568 SHDW and the lowest 24 hour value was 1 CJPY for 0.09432 SHDW. Last month, 1 CJPY was worth 0.2202 SHDW. Today, it's down 52.9%. Looking back a year, Convertible JPY Token has changed by 0.0539 SHDW. That means that in a single year, the value of Convertible JPY Token has grown by 62.57%.
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.
Shadow Token Market Stats
The Shadow ecosystem is a decentralized physical infrastructure network developed by GenesysGo. Shadow’s infrastructure layers include a decentralized data storage layer called Shadow Drive. SHDW tokens are used to pay for data storage on Shadow Drive.
Conversion tables
CJPY to SHDW values from Today at 7:21 am
0.5 CJPY = 0.07201 SHDW |
1 CJPY = 0.144 SHDW |
5 CJPY = 0.7201 SHDW |
10 CJPY = 1.44 SHDW |
50 CJPY = 7.20 SHDW |
100 CJPY = 14.40 SHDW |
500 CJPY = 72.01 SHDW |
1,000 CJPY = 144.01 SHDW |
SHDW to CJPY values from Today at 7:23 am
0.5 SHDW = 3.47 CJPY |
1 SHDW = 6.94 CJPY |
5 SHDW = 34.72 CJPY |
10 SHDW = 69.44 CJPY |
50 SHDW = 347.19 CJPY |
100 SHDW = 694.39 CJPY |
500 SHDW = 3,471.94 CJPY |
1,000 SHDW = 6,943.87 CJPY |
CJPY to SHDW over time
CJPY | Today | 24H -74.19% | 1M -52.90% | 1Y 62.57% |
|---|---|---|---|---|
0.5 CJPY | 0.07201 SHDW | 0.1254 SHDW | 0.1101 SHDW | 0.02695 SHDW |
1 CJPY | 0.144 SHDW | 0.2508 SHDW | 0.2202 SHDW | 0.0539 SHDW |
5 CJPY | 0.7201 SHDW | 1.25 SHDW | 1.10 SHDW | 0.2695 SHDW |
10 CJPY | 1.44 SHDW | 2.51 SHDW | 2.20 SHDW | 0.539 SHDW |
50 CJPY | 7.20 SHDW | 12.54 SHDW | 11.01 SHDW | 2.69 SHDW |
100 CJPY | 14.40 SHDW | 25.08 SHDW | 22.02 SHDW | 5.39 SHDW |
500 CJPY | 72.01 SHDW | 125.42 SHDW | 110.09 SHDW | 26.95 SHDW |
1,000 CJPY | 144.01 SHDW | 250.85 SHDW | 220.19 SHDW | 53.90 SHDW |
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