Convert Convertible JPY Token CJPY to Fluid FLUID
CJPY to FLUID: 1 Convertible JPY Token converts to 0.002474 FLUID
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About CJPY and FLUID
Convertible JPY Token is climbing, while Fluid is falling this week. The current CJPY to FLUID conversion rate is 0.002474. Inversely, this means that if you convert 1 FLUID you will get 404.13 CJPY. The conversion rate of CJPY/FLUID has increased by 0.67% in the last hour (FLUID/CJPY decreased by 0.66%). In the last 24 hours, CJPY/FLUID grew by 3.27%, while FLUID/CJPY shrunk by 3.17%.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.002474 FLUID. In other words, to buy 5 Convertible JPY Token, it would cost you 0.012372 FLUID. Inversely, 1 FLUID would allow you to trade for 404.13 CJPY while 50 FLUID would convert to 20,206.67 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.36%. Meanwhile, in the last 24 hours, the rate has changed by 2.53%, and that the highest exchange rate of 1 CJPY to FLUID was 0.002528 FLUID and the lowest 24 hour value was 1 CJPY for 0.002343 FLUID. Last month, 1 CJPY was worth 0.002524 FLUID. Today, it's down 1.96%. Looking back a year, Convertible JPY Token has changed by 0.001207 FLUID. That means that in a single year, the value of Convertible JPY Token has grown by 105.02%.
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.
Fluid Market Stats
FLUID is the governance and utility token for the Fluid DeFi platform, a multi-chain protocol focused on optimizing lending, borrowing, and trading cryptocurrencies within a unified liquidity layer. The token was previously named INST and rebranded to FLUID in December 2024 to reflect its expanded vision and set of services.
Conversion tables
CJPY to FLUID values from Today at 3:07 pm
0.5 CJPY = 0.001237 FLUID |
1 CJPY = 0.002474 FLUID |
5 CJPY = 0.01237 FLUID |
10 CJPY = 0.02474 FLUID |
50 CJPY = 0.1237 FLUID |
100 CJPY = 0.2474 FLUID |
500 CJPY = 1.24 FLUID |
1,000 CJPY = 2.47 FLUID |
FLUID to CJPY values from Today at 3:08 pm
0.5 FLUID = 202.07 CJPY |
1 FLUID = 404.13 CJPY |
5 FLUID = 2,020.67 CJPY |
10 FLUID = 4,041.33 CJPY |
50 FLUID = 20,206.67 CJPY |
100 FLUID = 40,413.34 CJPY |
500 FLUID = 202,066.68 CJPY |
1,000 FLUID = 404,133.35 CJPY |
CJPY to FLUID over time
CJPY | Today | 24H 2.47% | 1M -2.00% | 1Y 51.22% |
|---|---|---|---|---|
0.5 CJPY | 0.001237 FLUID | 0.001207 FLUID | 0.001262 FLUID | 0.0006035 FLUID |
1 CJPY | 0.002474 FLUID | 0.002413 FLUID | 0.002524 FLUID | 0.001207 FLUID |
5 CJPY | 0.01237 FLUID | 0.01207 FLUID | 0.01262 FLUID | 0.006035 FLUID |
10 CJPY | 0.02474 FLUID | 0.02413 FLUID | 0.02524 FLUID | 0.01207 FLUID |
50 CJPY | 0.1237 FLUID | 0.1207 FLUID | 0.1262 FLUID | 0.06035 FLUID |
100 CJPY | 0.2474 FLUID | 0.2413 FLUID | 0.2524 FLUID | 0.1207 FLUID |
500 CJPY | 1.24 FLUID | 1.21 FLUID | 1.26 FLUID | 0.6035 FLUID |
1,000 CJPY | 2.47 FLUID | 2.41 FLUID | 2.52 FLUID | 1.21 FLUID |
Frequently asked questions
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