Convert io.net IO to Convertible JPY Token CJPY
IO to CJPY: 1 io.net converts to 26.12 CJPY
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About IO and CJPY
io.net is climbing, while Convertible JPY Token is falling this week. The current IO to CJPY conversion rate is 26.12. Inversely, this means that if you convert 1 CJPY you will get 0.03828 IO. The conversion rate of IO/CJPY has increased by 8.04% in the last hour (CJPY/IO decreased by 8.04%). In the last 24 hours, IO/CJPY grew by 7.72%, while CJPY/IO shrunk by the same amount.
The exchange rate of io.net is increasing. The current value of 1 IO is 26.12 CJPY. In other words, to buy 5 io.net, it would cost you 130.62 CJPY. Inversely, 1 CJPY would allow you to trade for 0.03828 IO while 50 CJPY would convert to 1.91 IO, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.35%. Meanwhile, in the last 24 hours, the rate has changed by 7.61%, which means that the highest exchange rate of 1 IO to CJPY was 27.00 CJPY and the lowest 24 hour value was 1 IO for 23.07 CJPY. Last month, 1 IO was worth 24.66 CJPY. Today, it's up 5.62%. Looking back a year, io.net has changed by 111.12 CJPY. That means that in a single year, the value of io.net has shrank by 325.35%.
io.net Market Stats
io.net is a decentralized GPU network designed to give computing power to ML applications. Their mission is to unlock fair access to computing power by assembling 1 million + GPUs from independent data centers, crypto miners, and crypto projects such as Filecoin or Render. IO Coin is the native Coin of the IOG Network. IO functions as a payment and proof of stake token for the IOG network.
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
IO to CJPY values from Today at 12:24 am
0.5 IO = 13.06 CJPY |
1 IO = 26.12 CJPY |
5 IO = 130.62 CJPY |
10 IO = 261.25 CJPY |
50 IO = 1,306.23 CJPY |
100 IO = 2,612.46 CJPY |
500 IO = 13,062.32 CJPY |
1,000 IO = 26,124.64 CJPY |
CJPY to IO values from Today at 12:23 am
0.5 CJPY = 0.01914 IO |
1 CJPY = 0.03828 IO |
5 CJPY = 0.1914 IO |
10 CJPY = 0.3828 IO |
50 CJPY = 1.91 IO |
100 CJPY = 3.83 IO |
500 CJPY = 19.14 IO |
1,000 CJPY = 38.28 IO |
IO to CJPY over time
IO | Today | 24H 7.61% | 1M 5.62% | 1Y -325.35% |
|---|---|---|---|---|
0.5 IO | 13.06 CJPY | 12.07 CJPY | 12.33 CJPY | 55.56 CJPY |
1 IO | 26.12 CJPY | 24.14 CJPY | 24.66 CJPY | 111.12 CJPY |
5 IO | 130.62 CJPY | 120.68 CJPY | 123.28 CJPY | 555.61 CJPY |
10 IO | 261.25 CJPY | 241.35 CJPY | 246.57 CJPY | 1,111.22 CJPY |
50 IO | 1,306.23 CJPY | 1,206.77 CJPY | 1,232.84 CJPY | 5,556.10 CJPY |
100 IO | 2,612.46 CJPY | 2,413.54 CJPY | 2,465.69 CJPY | 11,112.20 CJPY |
500 IO | 13,062.32 CJPY | 12,067.71 CJPY | 12,328.45 CJPY | 55,561.02 CJPY |
1,000 IO | 26,124.64 CJPY | 24,135.42 CJPY | 24,656.89 CJPY | 111,122.05 CJPY |
Frequently asked questions
Right now, 1 io.net is worth about CA$0.1867.
Based on the current rate, you could get 5.36 IO for 1 CAD.
io.net price has been on the rise. Since yesterday, the exchange rate of io.net has increased. Since last month, the exchange rate of io.net has increased. Since this time last year, the price of io.net has decreased.
You can use our IO to CAD calculator at the top of this page to convert any amount of IO to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 26.78 IO. Inversely, 5 IO will cost about CA$0.9335
io.net is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy io.net.
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