Convert Convertible JPY Token CJPY to Cuban Convertible Peso CUC
CJPY to CUC: 1 Convertible JPY Token converts to CUC 0.005181 CUC as of September 23 at 1:13 AM
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About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is CUC 0.005181 per CJPY. With a circulating supply of 0 CJPY, it means that Convertible JPY Token has a total market cap of CUC 0.00. The amount of Convertible JPY Token traded has fallen by -CUC 0.00 in the last 24 hours, which is a 100.00% decrease. Additionally, in the last day, CUC 0.00 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is CUC 0.005181 CUC. In other words, to buy 5 Convertible JPY Token, it would cost you CUC 0.025905 CUC. Inversely, CUC 1.00 CUC would allow you to trade for 193.01 CJPY while CUC 50.00 CUC would convert to 9,650.59 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.14%. Meanwhile, in the last 24 hours, the rate has changed by 0.31%, which means that the highest exchange rate of 1 CJPY to CUC was CUC 0.005198 CUC and the lowest 24 hour value was 1 CJPY for CUC 0.005147 CUC. Last month, 1 CJPY was worth CUC 0.005116 CUC. Today, it's up 1.23%. Looking back a year, Convertible JPY Token has changed by CUC 0.005525 CUC. That means that in a single year, the value of Convertible JPY Token has shrank by 6.26%.
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 CUC values from Today at 1:13 am
0.5 CJPY = CUC 0.002591 CUC |
1 CJPY = CUC 0.005181 CUC |
5 CJPY = CUC 0.02591 CUC |
10 CJPY = CUC 0.05181 CUC |
50 CJPY = CUC 0.2591 CUC |
100 CJPY = CUC 0.5181 CUC |
500 CJPY = CUC 2.59 CUC |
1,000 CJPY = CUC 5.18 CUC |
CUC to CJPY values from Today at
CUC 0.50 CUC = 96.51 CJPY |
CUC 1.00 CUC = 193.01 CJPY |
CUC 5.00 CUC = 965.06 CJPY |
CUC 10.00 CUC = 1,930.12 CJPY |
CUC 50.00 CUC = 9,650.59 CJPY |
CUC 100.00 CUC = 19,301.18 CJPY |
CUC 500.00 CUC = 96,505.90 CJPY |
CUC 1,000.00 CUC = 193,011.80 CJPY |
CJPY to CUC over time
CJPY | Today | 24H 0.03% | 1M 1.25% | 1Y -6.63% |
|---|---|---|---|---|
0.5 CJPY | CUC 0.002591 CUC | CUC 0.00259 CUC | CUC 0.002558 CUC | CUC 0.002762 CUC |
1 CJPY | CUC 0.005181 CUC | CUC 0.005179 CUC | CUC 0.005116 CUC | CUC 0.005525 CUC |
5 CJPY | CUC 0.02591 CUC | CUC 0.0259 CUC | CUC 0.02558 CUC | CUC 0.02762 CUC |
10 CJPY | CUC 0.05181 CUC | CUC 0.05179 CUC | CUC 0.05116 CUC | CUC 0.05525 CUC |
50 CJPY | CUC 0.2591 CUC | CUC 0.259 CUC | CUC 0.2558 CUC | CUC 0.2762 CUC |
100 CJPY | CUC 0.5181 CUC | CUC 0.5179 CUC | CUC 0.5116 CUC | CUC 0.5525 CUC |
500 CJPY | CUC 2.59 CUC | CUC 2.59 CUC | CUC 2.56 CUC | CUC 2.76 CUC |
1,000 CJPY | CUC 5.18 CUC | CUC 5.18 CUC | CUC 5.12 CUC | CUC 5.52 CUC |
Frequently asked questions
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