Convert São Tomé and Príncipe Dobra STD to Convertible JPY Token CJPY
1 STD converts to 0.01071 CJPY
About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is STD 93.39 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of STD 19,627,276,999.79. The amount of Convertible JPY Token traded has risen by STD 20,173,721 in the last 24 hours, which is a 29.61% increase. Additionally, in the last day, STD 68,125,132 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is STD 93.39 STD. In other words, to buy 5 Convertible JPY Token, it would cost you STD 466.93 STD. Inversely, STD 1 STD would allow you to trade for 0.01071 CJPY while STD 50 STD would convert to 0.5354 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.29%. Meanwhile, in the last 24 hours, the rate has changed by 1.6%, and that the highest exchange rate of 1 CJPY to STD was STD 96.17 STD and the lowest 24 hour value was 1 CJPY for STD 92.81 STD. Last month, 1 CJPY was worth STD 107.95 STD. Today, it's down 11.8%. Looking back a year, Convertible JPY Token has changed by STD 137.91 STD. That means that in a single year, the value of Convertible JPY Token has shrank by 31.86%.
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.
Conversion tables
STD to CJPY values from Today at
STD 1 STD = 0.005354 CJPY |
STD 1 STD = 0.01071 CJPY |
STD 5 STD = 0.05354 CJPY |
STD 10 STD = 0.1071 CJPY |
STD 50 STD = 0.5354 CJPY |
STD 100 STD = 1.07 CJPY |
STD 500 STD = 5.35 CJPY |
STD 1,000 STD = 10.71 CJPY |
CJPY to STD values from Today at 11:18 am
0.5 CJPY = STD 46.69 STD |
1 CJPY = STD 93.39 STD |
5 CJPY = STD 466.93 STD |
10 CJPY = STD 933.86 STD |
50 CJPY = STD 4,669.32 STD |
100 CJPY = STD 9,338.64 STD |
500 CJPY = STD 46,693.19 STD |
1,000 CJPY = STD 93,386.39 STD |
STD to CJPY over time
STD | Today | 24H -1.07% | 1M -0.93% | 1Y -0.73% |
|---|---|---|---|---|
0.5 STD | 0.005354 CJPY | 0.005335 CJPY | 0.004632 CJPY | 0.003626 CJPY |
1 STD | 0.01071 CJPY | 0.01067 CJPY | 0.009263 CJPY | 0.007251 CJPY |
5 STD | 0.05354 CJPY | 0.05335 CJPY | 0.04632 CJPY | 0.03626 CJPY |
10 STD | 0.1071 CJPY | 0.1067 CJPY | 0.09263 CJPY | 0.07251 CJPY |
50 STD | 0.5354 CJPY | 0.5335 CJPY | 0.4632 CJPY | 0.3626 CJPY |
100 STD | 1.07 CJPY | 1.07 CJPY | 0.9263 CJPY | 0.7251 CJPY |
500 STD | 5.35 CJPY | 5.34 CJPY | 4.63 CJPY | 3.63 CJPY |
1,000 STD | 10.71 CJPY | 10.67 CJPY | 9.26 CJPY | 7.25 CJPY |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about STD 93.39.
Based on the current rate, you could get 0.01071 CJPY for 1 STD.
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 decreased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to STD calculator at the top of this page to convert any amount of CJPY to STD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 STD is equivalent to 0.05354 CJPY. Inversely, 5 CJPY will cost about STD 466.93
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 Fine, 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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