Convert Convertible JPY Token CJPY to Ethereum Name Service ENS
CJPY to ENS: 1 Convertible JPY Token converts to 0.0009114 ENS
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About CJPY and ENS
Convertible JPY Token is climbing, while Ethereum Name Service is falling this week. The current CJPY to ENS conversion rate is 0.0009114. Inversely, this means that if you convert 1 ENS you will get 1,097.18 CJPY. The conversion rate of CJPY/ENS has increased by 0.28% in the last hour (ENS/CJPY decreased by 0.28%). In the last 24 hours, CJPY/ENS grew by 4.1%, while ENS/CJPY shrunk by 3.94%.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.0009114 ENS. In other words, to buy 5 Convertible JPY Token, it would cost you 0.0045571 ENS. Inversely, 1 ENS would allow you to trade for 1,097.18 CJPY while 50 ENS would convert to 54,858.85 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12%. Meanwhile, in the last 24 hours, the rate has changed by 3.72%, which means that the highest exchange rate of 1 CJPY to ENS was 0.0009152 ENS and the lowest 24 hour value was 1 CJPY for 0.0008728 ENS. Last month, 1 CJPY was worth 0.0009268 ENS. Today, it's down 1.66%. Looking back a year, Convertible JPY Token has changed by 0.0003548 ENS. That means that in a single year, the value of Convertible JPY Token has grown by 156.86%.
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.
Ethereum Name Service Market Stats
ENS is an Ethereum token that governs the Ethereum Name Service, a protocol for human-readable crypto addresses and decentralized domain names. ENS will be used to propose and vote for changes to the protocol.
Conversion tables
CJPY to ENS values from Today at 12:15 pm
0.5 CJPY = 0.0004557 ENS |
1 CJPY = 0.0009114 ENS |
5 CJPY = 0.004557 ENS |
10 CJPY = 0.009114 ENS |
50 CJPY = 0.04557 ENS |
100 CJPY = 0.09114 ENS |
500 CJPY = 0.4557 ENS |
1,000 CJPY = 0.9114 ENS |
ENS to CJPY values from Today at 12:08 pm
0.5 ENS = 548.59 CJPY |
1 ENS = 1,097.18 CJPY |
5 ENS = 5,485.89 CJPY |
10 ENS = 10,971.77 CJPY |
50 ENS = 54,858.85 CJPY |
100 ENS = 109,717.71 CJPY |
500 ENS = 548,588.53 CJPY |
1,000 ENS = 1,097,177.07 CJPY |
CJPY to ENS over time
CJPY | Today | 24H 3.59% | 1M -1.69% | 1Y 61.07% |
|---|---|---|---|---|
0.5 CJPY | 0.0004557 ENS | 0.0004394 ENS | 0.0004634 ENS | 0.0001774 ENS |
1 CJPY | 0.0009114 ENS | 0.0008787 ENS | 0.0009268 ENS | 0.0003548 ENS |
5 CJPY | 0.004557 ENS | 0.004394 ENS | 0.004634 ENS | 0.001774 ENS |
10 CJPY | 0.009114 ENS | 0.008787 ENS | 0.009268 ENS | 0.003548 ENS |
50 CJPY | 0.04557 ENS | 0.04394 ENS | 0.04634 ENS | 0.01774 ENS |
100 CJPY | 0.09114 ENS | 0.08787 ENS | 0.09268 ENS | 0.03548 ENS |
500 CJPY | 0.4557 ENS | 0.4394 ENS | 0.4634 ENS | 0.1774 ENS |
1,000 CJPY | 0.9114 ENS | 0.8787 ENS | 0.9268 ENS | 0.3548 ENS |
Frequently asked questions
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