Convert Nicaraguan Córdoba NIO to Convertible JPY Token CJPY
NIO to CJPY: 1 Nicaraguan Córdoba converts to 5.90 CJPY
Convertible JPY Token (CJPY) is not tradable on Coinbase.
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About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is NIO 0.1695 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of NIO 36,219,736.65. The amount of Convertible JPY Token traded has fallen by -NIO 9,237.32 in the last 24 hours, which is a 75.18% decrease. Additionally, in the last day, NIO 12,286.42 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is NIO 0.1695 NIO. In other words, to buy 5 Convertible JPY Token, it would cost you NIO 0.8473 NIO. Inversely, NIO 1.00 NIO would allow you to trade for 5.90 CJPY while NIO 50.00 NIO would convert to 295.07 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.32%. Meanwhile, in the last 24 hours, the rate has changed by 0.35%, which means that the highest exchange rate of 1 CJPY to NIO was NIO 0.1703 NIO and the lowest 24 hour value was 1 CJPY for NIO 0.1687 NIO. Last month, 1 CJPY was worth NIO 0.1629 NIO. Today, it's up 3.22%. Looking back a year, Convertible JPY Token has changed by NIO 0.2263 NIO. That means that in a single year, the value of Convertible JPY Token has shrank by 25.13%.
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
NIO to CJPY values from Today at
NIO 0.50 NIO = 2.95 CJPY |
NIO 1.00 NIO = 5.90 CJPY |
NIO 5.00 NIO = 29.51 CJPY |
NIO 10.00 NIO = 59.01 CJPY |
NIO 50.00 NIO = 295.07 CJPY |
NIO 100.00 NIO = 590.14 CJPY |
NIO 500.00 NIO = 2,950.68 CJPY |
NIO 1,000.00 NIO = 5,901.37 CJPY |
CJPY to NIO values from Today at 6:25 pm
0.5 CJPY = NIO 0.08473 NIO |
1 CJPY = NIO 0.1695 NIO |
5 CJPY = NIO 0.8473 NIO |
10 CJPY = NIO 1.69 NIO |
50 CJPY = NIO 8.47 NIO |
100 CJPY = NIO 16.95 NIO |
500 CJPY = NIO 84.73 NIO |
1,000 CJPY = NIO 169.45 NIO |
NIO to CJPY over time
NIO | Today | 24H -591.84% | 1M -614.04% | 1Y -441.97% |
|---|---|---|---|---|
0.5 NIO | 2.95 CJPY | 2.96 CJPY | 3.07 CJPY | 2.21 CJPY |
1 NIO | 5.90 CJPY | 5.92 CJPY | 6.14 CJPY | 4.42 CJPY |
5 NIO | 29.51 CJPY | 29.59 CJPY | 30.70 CJPY | 22.10 CJPY |
10 NIO | 59.01 CJPY | 59.18 CJPY | 61.40 CJPY | 44.20 CJPY |
50 NIO | 295.07 CJPY | 295.92 CJPY | 307.02 CJPY | 220.98 CJPY |
100 NIO | 590.14 CJPY | 591.84 CJPY | 614.04 CJPY | 441.97 CJPY |
500 NIO | 2,950.68 CJPY | 2,959.19 CJPY | 3,070.19 CJPY | 2,209.84 CJPY |
1,000 NIO | 5,901.37 CJPY | 5,918.37 CJPY | 6,140.38 CJPY | 4,419.68 CJPY |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about NIO 0.1695.
Based on the current rate, you could get 5.90 CJPY for 1 NIO.
Convertible JPY Token price has been on the rise. Since yesterday, the exchange rate of Convertible JPY Token has increased. 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 NIO calculator at the top of this page to convert any amount of CJPY to NIO. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NIO is equivalent to 29.51 CJPY. Inversely, 5 CJPY will cost about NIO 0.8473
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 Short-term T-Bill Token, BaseX, and BNBcat. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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