Convert Convertible JPY Token CJPY to Highstreet HIGH
CJPY to HIGH: 1 Convertible JPY Token converts to 0.2036 HIGH
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About CJPY and HIGH
Convertible JPY Token is falling, while Highstreet is climbing this week. The current CJPY to HIGH conversion rate is 0.2036. Inversely, this means that if you convert 1 HIGH you will get 4.91 CJPY. The conversion rate of CJPY/HIGH has decreased by 0.02% in the last hour (HIGH/CJPY increased by 0.02%). In the last 24 hours, CJPY/HIGH shrunk by 3.88%, while HIGH/CJPY grew by 4.03%.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.2036 HIGH. In other words, to buy 5 Convertible JPY Token, it would cost you 1.018 HIGH. Inversely, 1 HIGH would allow you to trade for 4.91 CJPY while 50 HIGH would convert to 245.57 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.66%. Meanwhile, in the last 24 hours, the rate has changed by 4.37%, which means that the highest exchange rate of 1 CJPY to HIGH was 0.2219 HIGH and the lowest 24 hour value was 1 CJPY for 0.2044 HIGH. Last month, 1 CJPY was worth 0.1442 HIGH. Today, it's up 41.17%. Looking back a year, Convertible JPY Token has changed by 0.01899 HIGH. That means that in a single year, the value of Convertible JPY Token has grown by 971.9%.
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.
Highstreet Market Stats
HIGH is an Ethereum token associated with Highstreet, a gaming and commerce ecosystem that connects virtual experiences with digital and physical products. HIGH is used for purchases in its limited-edition marketplace and virtual real estate. Highstreet's token design also includes governance participation.
Conversion tables
CJPY to HIGH values from Today at 10:30 pm
0.5 CJPY = 0.1018 HIGH |
1 CJPY = 0.2036 HIGH |
5 CJPY = 1.02 HIGH |
10 CJPY = 2.04 HIGH |
50 CJPY = 10.18 HIGH |
100 CJPY = 20.36 HIGH |
500 CJPY = 101.80 HIGH |
1,000 CJPY = 203.61 HIGH |
HIGH to CJPY values from Today at 10:30 pm
0.5 HIGH = 2.46 CJPY |
1 HIGH = 4.91 CJPY |
5 HIGH = 24.56 CJPY |
10 HIGH = 49.11 CJPY |
50 HIGH = 245.57 CJPY |
100 HIGH = 491.14 CJPY |
500 HIGH = 2,455.72 CJPY |
1,000 HIGH = 4,911.43 CJPY |
CJPY to HIGH over time
CJPY | Today | 24H -4.57% | 1M 29.17% | 1Y 90.67% |
|---|---|---|---|---|
0.5 CJPY | 0.1018 HIGH | 0.1065 HIGH | 0.07211 HIGH | 0.009497 HIGH |
1 CJPY | 0.2036 HIGH | 0.2129 HIGH | 0.1442 HIGH | 0.01899 HIGH |
5 CJPY | 1.02 HIGH | 1.06 HIGH | 0.7211 HIGH | 0.09497 HIGH |
10 CJPY | 2.04 HIGH | 2.13 HIGH | 1.44 HIGH | 0.1899 HIGH |
50 CJPY | 10.18 HIGH | 10.65 HIGH | 7.21 HIGH | 0.9497 HIGH |
100 CJPY | 20.36 HIGH | 21.29 HIGH | 14.42 HIGH | 1.90 HIGH |
500 CJPY | 101.80 HIGH | 106.45 HIGH | 72.11 HIGH | 9.50 HIGH |
1,000 CJPY | 203.61 HIGH | 212.91 HIGH | 144.22 HIGH | 18.99 HIGH |
Frequently asked questions
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