Convert Convertible JPY Token CJPY to Swedish Krona SEK
CJPY to SEK: 1 Convertible JPY Token converts to SEK 0.05053 SEK as of September 17 at 5:22 PM
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About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is SEK 0.05053 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of SEK 10,744,160.15. The amount of Convertible JPY Token traded has risen by SEK 60,822.28 in the last 24 hours, which is a 51.09% increase. Additionally, in the last day, SEK 119,056.47 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is SEK 0.05053 SEK. In other words, to buy 5 Convertible JPY Token, it would cost you SEK 0.25267 SEK. Inversely, SEK 1.00 SEK would allow you to trade for 19.79 CJPY while SEK 50.00 SEK would convert to 989.42 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.09%. Meanwhile, in the last 24 hours, the rate has changed by 2.05%, which means that the highest exchange rate of 1 CJPY to SEK was SEK 0.05142 SEK and the lowest 24 hour value was 1 CJPY for SEK 0.04921 SEK. Last month, 1 CJPY was worth SEK 0.04314 SEK. Today, it's up 13.89%. Looking back a year, Convertible JPY Token has changed by SEK 0.05492 SEK. That means that in a single year, the value of Convertible JPY Token has shrank by 12.11%.
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.
Conversion tables
CJPY to SEK values from Today at 5:22 pm
0.5 CJPY = SEK 0.02527 SEK |
1 CJPY = SEK 0.05053 SEK |
5 CJPY = SEK 0.2527 SEK |
10 CJPY = SEK 0.5053 SEK |
50 CJPY = SEK 2.53 SEK |
100 CJPY = SEK 5.05 SEK |
500 CJPY = SEK 25.27 SEK |
1,000 CJPY = SEK 50.53 SEK |
SEK to CJPY values from Today at
SEK 0.50 SEK = 9.89 CJPY |
SEK 1.00 SEK = 19.79 CJPY |
SEK 5.00 SEK = 98.94 CJPY |
SEK 10.00 SEK = 197.88 CJPY |
SEK 50.00 SEK = 989.42 CJPY |
SEK 100.00 SEK = 1,978.83 CJPY |
SEK 500.00 SEK = 9,894.17 CJPY |
SEK 1,000.00 SEK = 19,788.35 CJPY |
CJPY to SEK over time
CJPY | Today | 24H 2.07% | 1M 14.64% | 1Y -8.68% |
|---|---|---|---|---|
0.5 CJPY | SEK 0.02527 SEK | SEK 0.02474 SEK | SEK 0.02157 SEK | SEK 0.02746 SEK |
1 CJPY | SEK 0.05053 SEK | SEK 0.04949 SEK | SEK 0.04314 SEK | SEK 0.05492 SEK |
5 CJPY | SEK 0.2527 SEK | SEK 0.2474 SEK | SEK 0.2157 SEK | SEK 0.2746 SEK |
10 CJPY | SEK 0.5053 SEK | SEK 0.4949 SEK | SEK 0.4314 SEK | SEK 0.5492 SEK |
50 CJPY | SEK 2.53 SEK | SEK 2.47 SEK | SEK 2.16 SEK | SEK 2.75 SEK |
100 CJPY | SEK 5.05 SEK | SEK 4.95 SEK | SEK 4.31 SEK | SEK 5.49 SEK |
500 CJPY | SEK 25.27 SEK | SEK 24.74 SEK | SEK 21.57 SEK | SEK 27.46 SEK |
1,000 CJPY | SEK 50.53 SEK | SEK 49.49 SEK | SEK 43.14 SEK | SEK 54.92 SEK |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about SEK 0.05053.
Based on the current rate, you could get 19.79 CJPY for 1 SEK.
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 SEK calculator at the top of this page to convert any amount of CJPY to SEK. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SEK is equivalent to 98.94 CJPY. Inversely, 5 CJPY will cost about SEK 0.2527
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 Alterverse, Glo Dollar, and LinkedNation. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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Create a Coinbase account to buy and sell Convertible JPY Token on the most secure crypto exchange.
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