Convert Convertible JPY Token CJPY to Wrapped Aave Ethereum USDC WAETHUSDC
CJPY to WAETHUSDC: 1 Convertible JPY Token converts to 0.003777 WAETHUSDC
About CJPY and WAETHUSDC
Convertible JPY Token is falling, while Wrapped Aave Ethereum USDC is climbing this week. The current CJPY to WAETHUSDC conversion rate is 0.003777. Inversely, this means that if you convert 1 WAETHUSDC you will get 264.76 CJPY. The conversion rate of CJPY/WAETHUSDC has decreased by 0.17% in the last hour (WAETHUSDC/CJPY increased by 0.17%). In the last 24 hours, CJPY/WAETHUSDC shrunk by 2.93%, while WAETHUSDC/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.003777 WAETHUSDC. In other words, to buy 5 Convertible JPY Token, it would cost you 0.018885 WAETHUSDC. Inversely, 1 WAETHUSDC would allow you to trade for 264.76 CJPY while 50 WAETHUSDC would convert to 13,237.79 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.46%. Meanwhile, in the last 24 hours, the rate has changed by 2.75%, and that the highest exchange rate of 1 CJPY to WAETHUSDC was 0.003902 WAETHUSDC and the lowest 24 hour value was 1 CJPY for 0.003769 WAETHUSDC. Last month, 1 CJPY was worth 0.003499 WAETHUSDC. Today, it's up 7.36%. Looking back a year, Convertible JPY Token has changed by 0.005241 WAETHUSDC. That means that in a single year, the value of Convertible JPY Token has shrank by 38.77%.
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.
Wrapped Aave Ethereum USDC Market Stats
Conversion tables
CJPY to WAETHUSDC values from Today at 3:44 pm
0.5 CJPY = 0.001889 WAETHUSDC |
1 CJPY = 0.003777 WAETHUSDC |
5 CJPY = 0.01889 WAETHUSDC |
10 CJPY = 0.03777 WAETHUSDC |
50 CJPY = 0.1889 WAETHUSDC |
100 CJPY = 0.3777 WAETHUSDC |
500 CJPY = 1.89 WAETHUSDC |
1,000 CJPY = 3.78 WAETHUSDC |
WAETHUSDC to CJPY values from Today at 3:46 pm
0.5 WAETHUSDC = 132.38 CJPY |
1 WAETHUSDC = 264.76 CJPY |
5 WAETHUSDC = 1,323.78 CJPY |
10 WAETHUSDC = 2,647.56 CJPY |
50 WAETHUSDC = 13,237.79 CJPY |
100 WAETHUSDC = 26,475.57 CJPY |
500 WAETHUSDC = 132,377.85 CJPY |
1,000 WAETHUSDC = 264,755.71 CJPY |
CJPY to WAETHUSDC over time
CJPY | Today | 24H -2.75% | 1M 7.36% | 1Y -38.77% |
|---|---|---|---|---|
0.5 CJPY | 0.001889 WAETHUSDC | 0.00194 WAETHUSDC | 0.00175 WAETHUSDC | 0.002621 WAETHUSDC |
1 CJPY | 0.003777 WAETHUSDC | 0.003881 WAETHUSDC | 0.003499 WAETHUSDC | 0.005241 WAETHUSDC |
5 CJPY | 0.01889 WAETHUSDC | 0.0194 WAETHUSDC | 0.0175 WAETHUSDC | 0.02621 WAETHUSDC |
10 CJPY | 0.03777 WAETHUSDC | 0.03881 WAETHUSDC | 0.03499 WAETHUSDC | 0.05241 WAETHUSDC |
50 CJPY | 0.1889 WAETHUSDC | 0.194 WAETHUSDC | 0.175 WAETHUSDC | 0.2621 WAETHUSDC |
100 CJPY | 0.3777 WAETHUSDC | 0.3881 WAETHUSDC | 0.3499 WAETHUSDC | 0.5241 WAETHUSDC |
500 CJPY | 1.89 WAETHUSDC | 1.94 WAETHUSDC | 1.75 WAETHUSDC | 2.62 WAETHUSDC |
1,000 CJPY | 3.78 WAETHUSDC | 3.88 WAETHUSDC | 3.50 WAETHUSDC | 5.24 WAETHUSDC |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about CA$0.006239.
Based on the current rate, you could get 160.28 CJPY for 1 CAD.
Convertible JPY Token price has been declining. Since yesterday, the exchange rate of Convertible JPY Token has decreased. 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 CAD calculator at the top of this page to convert any amount of CJPY to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 801.40 CJPY. Inversely, 5 CJPY will cost about CA$0.0312
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 Get AI, OASIS, and Glo Dollar. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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