Convert Convertible JPY Token CJPY to Bitcoin SV BSV
CJPY to BSV: 1 Convertible JPY Token converts to 0.0002596 BSV
About CJPY and BSV
Convertible JPY Token is climbing, while Bitcoin SV is falling this week. The current CJPY to BSV conversion rate is 0.0002596. Inversely, this means that if you convert 1 BSV you will get 3,852.75 CJPY. The conversion rate of CJPY/BSV has increased by 0.15% in the last hour (BSV/CJPY decreased by 0.15%). In the last 24 hours, CJPY/BSV grew by 0.62%, while BSV/CJPY shrunk by the same amount.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.0002596 BSV. In other words, to buy 5 Convertible JPY Token, it would cost you 0.0012978 BSV. Inversely, 1 BSV would allow you to trade for 3,852.75 CJPY while 50 BSV would convert to 192,637.41 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 16.29%. Meanwhile, in the last 24 hours, the rate has changed by 0.66%, which means that the highest exchange rate of 1 CJPY to BSV was 0.0002617 BSV and the lowest 24 hour value was 1 CJPY for 0.0002506 BSV. Last month, 1 CJPY was worth 0.0003109 BSV. Today, it's down 19.77%. Looking back a year, Convertible JPY Token has changed by 0.0002082 BSV. That means that in a single year, the value of Convertible JPY Token has grown by 19.8%.
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.
Bitcoin SV Market Stats
Bitcoin SV is a fork of Bitcoin Cash (BCH).
Conversion tables
CJPY to BSV values from Today at 3:33 am
0.5 CJPY = 0.0001298 BSV |
1 CJPY = 0.0002596 BSV |
5 CJPY = 0.001298 BSV |
10 CJPY = 0.002596 BSV |
50 CJPY = 0.01298 BSV |
100 CJPY = 0.02596 BSV |
500 CJPY = 0.1298 BSV |
1,000 CJPY = 0.2596 BSV |
BSV to CJPY values from Today at 3:34 am
0.5 BSV = 1,926.37 CJPY |
1 BSV = 3,852.75 CJPY |
5 BSV = 19,263.74 CJPY |
10 BSV = 38,527.48 CJPY |
50 BSV = 192,637.41 CJPY |
100 BSV = 385,274.82 CJPY |
500 BSV = 1,926,374.11 CJPY |
1,000 BSV = 3,852,748.23 CJPY |
CJPY to BSV over time
CJPY | Today | 24H 0.66% | 1M -19.77% | 1Y 19.80% |
|---|---|---|---|---|
0.5 CJPY | 0.0001298 BSV | 0.0001289 BSV | 0.0001554 BSV | 0.0001041 BSV |
1 CJPY | 0.0002596 BSV | 0.0002578 BSV | 0.0003109 BSV | 0.0002082 BSV |
5 CJPY | 0.001298 BSV | 0.001289 BSV | 0.001554 BSV | 0.001041 BSV |
10 CJPY | 0.002596 BSV | 0.002578 BSV | 0.003109 BSV | 0.002082 BSV |
50 CJPY | 0.01298 BSV | 0.01289 BSV | 0.01554 BSV | 0.01041 BSV |
100 CJPY | 0.02596 BSV | 0.02578 BSV | 0.03109 BSV | 0.02082 BSV |
500 CJPY | 0.1298 BSV | 0.1289 BSV | 0.1554 BSV | 0.1041 BSV |
1,000 CJPY | 0.2596 BSV | 0.2578 BSV | 0.3109 BSV | 0.2082 BSV |
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