Convert Convertible JPY Token CJPY to Badger DAO BADGER
CJPY to BADGER: 1 Convertible JPY Token converts to 0.01716 BADGER
About CJPY and BADGER
Convertible JPY Token is climbing, while Badger DAO is falling this week. The current CJPY to BADGER conversion rate is 0.01716. Inversely, this means that if you convert 1 BADGER you will get 58.28 CJPY. The conversion rate of CJPY/BADGER has decreased by 0.89% in the last hour (BADGER/CJPY increased by 0.9%). In the last 24 hours, CJPY/BADGER grew by 0.35%, while BADGER/CJPY shrunk by 0.35%.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.01716 BADGER. In other words, to buy 5 Convertible JPY Token, it would cost you 0.08579 BADGER. Inversely, 1 BADGER would allow you to trade for 58.28 CJPY while 50 BADGER would convert to 2,914.09 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.44%. Meanwhile, in the last 24 hours, the rate has changed by 0.97%, which means that the highest exchange rate of 1 CJPY to BADGER was 0.01732 BADGER and the lowest 24 hour value was 1 CJPY for 0.01682 BADGER. Last month, 1 CJPY was worth 0.01631 BADGER. Today, it's up 5.17%. Looking back a year, Convertible JPY Token has changed by 0.007274 BADGER. That means that in a single year, the value of Convertible JPY Token has grown by 135.89%.
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.
Badger DAO Market Stats
BADGER is an Ethereum token that powers Badger DAO, a decentralized autonomous organization (DAO) focused on bringing Bitcoin into the decentralized finance (DeFi) ecosystem on Ethereum and other blockchains. BADGER is primarily used to govern the direction of Badger DAO and its products.
Conversion tables
CJPY to BADGER values from Today at 1:48 pm
0.5 CJPY = 0.008579 BADGER |
1 CJPY = 0.01716 BADGER |
5 CJPY = 0.08579 BADGER |
10 CJPY = 0.1716 BADGER |
50 CJPY = 0.8579 BADGER |
100 CJPY = 1.72 BADGER |
500 CJPY = 8.58 BADGER |
1,000 CJPY = 17.16 BADGER |
BADGER to CJPY values from Today at 1:48 pm
0.5 BADGER = 29.14 CJPY |
1 BADGER = 58.28 CJPY |
5 BADGER = 291.41 CJPY |
10 BADGER = 582.82 CJPY |
50 BADGER = 2,914.09 CJPY |
100 BADGER = 5,828.19 CJPY |
500 BADGER = 29,140.94 CJPY |
1,000 BADGER = 58,281.88 CJPY |
CJPY to BADGER over time
CJPY | Today | 24H 0.96% | 1M 4.92% | 1Y 57.61% |
|---|---|---|---|---|
0.5 CJPY | 0.008579 BADGER | 0.008497 BADGER | 0.008157 BADGER | 0.003637 BADGER |
1 CJPY | 0.01716 BADGER | 0.01699 BADGER | 0.01631 BADGER | 0.007274 BADGER |
5 CJPY | 0.08579 BADGER | 0.08497 BADGER | 0.08157 BADGER | 0.03637 BADGER |
10 CJPY | 0.1716 BADGER | 0.1699 BADGER | 0.1631 BADGER | 0.07274 BADGER |
50 CJPY | 0.8579 BADGER | 0.8497 BADGER | 0.8157 BADGER | 0.3637 BADGER |
100 CJPY | 1.72 BADGER | 1.70 BADGER | 1.63 BADGER | 0.7274 BADGER |
500 CJPY | 8.58 BADGER | 8.50 BADGER | 8.16 BADGER | 3.64 BADGER |
1,000 CJPY | 17.16 BADGER | 16.99 BADGER | 16.31 BADGER | 7.27 BADGER |
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