Convert Convertible JPY Token CJPY to Ethena Staked USDe SUSDE
CJPY to SUSDE: 1 Convertible JPY Token converts to 0.00417 SUSDE
About CJPY and SUSDE
Convertible JPY Token is falling, while Ethena Staked USDe is climbing this week. The current CJPY to SUSDE conversion rate is 0.00417. Inversely, this means that if you convert 1 SUSDE you will get 239.80 CJPY. The conversion rate of CJPY/SUSDE has increased by 0.11% in the last hour (SUSDE/CJPY decreased by 0.11%). In the last 24 hours, CJPY/SUSDE shrunk by 0.44%, while SUSDE/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.00417 SUSDE. In other words, to buy 5 Convertible JPY Token, it would cost you 0.020851 SUSDE. Inversely, 1 SUSDE would allow you to trade for 239.80 CJPY while 50 SUSDE would convert to 11,989.84 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.1%, which means that the highest exchange rate of 1 CJPY to SUSDE was 0.004213 SUSDE and the lowest 24 hour value was 1 CJPY for 0.004127 SUSDE. Last month, 1 CJPY was worth 0.003677 SUSDE. Today, it's up 11.82%. Looking back a year, Convertible JPY Token has changed by 0.005003 SUSDE. That means that in a single year, the value of Convertible JPY Token has shrank by 19.97%.
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.
Ethena Staked USDe Market Stats
Conversion tables
CJPY to SUSDE values from Today at 1:34 am
0.5 CJPY = 0.002085 SUSDE |
1 CJPY = 0.00417 SUSDE |
5 CJPY = 0.02085 SUSDE |
10 CJPY = 0.0417 SUSDE |
50 CJPY = 0.2085 SUSDE |
100 CJPY = 0.417 SUSDE |
500 CJPY = 2.09 SUSDE |
1,000 CJPY = 4.17 SUSDE |
SUSDE to CJPY values from Today at 1:34 am
0.5 SUSDE = 119.90 CJPY |
1 SUSDE = 239.80 CJPY |
5 SUSDE = 1,198.98 CJPY |
10 SUSDE = 2,397.97 CJPY |
50 SUSDE = 11,989.84 CJPY |
100 SUSDE = 23,979.67 CJPY |
500 SUSDE = 119,898.35 CJPY |
1,000 SUSDE = 239,796.71 CJPY |
CJPY to SUSDE over time
CJPY | Today | 24H -0.10% | 1M 11.82% | 1Y -19.97% |
|---|---|---|---|---|
0.5 CJPY | 0.002085 SUSDE | 0.002087 SUSDE | 0.001839 SUSDE | 0.002501 SUSDE |
1 CJPY | 0.00417 SUSDE | 0.004174 SUSDE | 0.003677 SUSDE | 0.005003 SUSDE |
5 CJPY | 0.02085 SUSDE | 0.02087 SUSDE | 0.01839 SUSDE | 0.02501 SUSDE |
10 CJPY | 0.0417 SUSDE | 0.04174 SUSDE | 0.03677 SUSDE | 0.05003 SUSDE |
50 CJPY | 0.2085 SUSDE | 0.2087 SUSDE | 0.1839 SUSDE | 0.2501 SUSDE |
100 CJPY | 0.417 SUSDE | 0.4174 SUSDE | 0.3677 SUSDE | 0.5003 SUSDE |
500 CJPY | 2.09 SUSDE | 2.09 SUSDE | 1.84 SUSDE | 2.50 SUSDE |
1,000 CJPY | 4.17 SUSDE | 4.17 SUSDE | 3.68 SUSDE | 5.00 SUSDE |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about ARS 7.89.
Based on the current rate, you could get 0.1267 CJPY for 1 ARS.
Convertible JPY Token price has been declining. Since yesterday, the exchange rate of Convertible JPY Token has decreased. 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 0.6334 CJPY. Inversely, 5 CJPY will cost about ARS 39.47
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 Ecorpay Token, The Doge NFT, and Despend. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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