Convert Convertible JPY Token CJPY to Isle of Man Pound IMP
CJPY to IMP: 1 Convertible JPY Token converts to IMP 0.00324 IMP as of July 4 at 11:11 AM
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About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is IMP 0.00324 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of IMP 688,815.90. The amount of Convertible JPY Token traded has fallen by -IMP 631.60 in the last 24 hours, which is a 68.68% decrease. Additionally, in the last day, IMP 919.56 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is IMP 0.00324 IMP. In other words, to buy 5 Convertible JPY Token, it would cost you IMP 0.016202 IMP. Inversely, IMP 1.00 IMP would allow you to trade for 308.60 CJPY while IMP 50.00 IMP would convert to 15,429.89 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.53%. Meanwhile, in the last 24 hours, the rate has changed by 1.04%, which means that the highest exchange rate of 1 CJPY to IMP was IMP 0.003245 IMP and the lowest 24 hour value was 1 CJPY for IMP 0.003155 IMP. Last month, 1 CJPY was worth IMP 0.003152 IMP. Today, it's up 2%. Looking back a year, Convertible JPY Token has changed by IMP 0.004421 IMP. That means that in a single year, the value of Convertible JPY Token has shrank by 28.33%.
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
CJPY to IMP values from Today at 11:11 am
0.5 CJPY = IMP 0.00162 IMP |
1 CJPY = IMP 0.00324 IMP |
5 CJPY = IMP 0.0162 IMP |
10 CJPY = IMP 0.0324 IMP |
50 CJPY = IMP 0.162 IMP |
100 CJPY = IMP 0.324 IMP |
500 CJPY = IMP 1.62 IMP |
1,000 CJPY = IMP 3.24 IMP |
IMP to CJPY values from Today at
IMP 0.50 IMP = 154.30 CJPY |
IMP 1.00 IMP = 308.60 CJPY |
IMP 5.00 IMP = 1,542.99 CJPY |
IMP 10.00 IMP = 3,085.98 CJPY |
IMP 50.00 IMP = 15,429.89 CJPY |
IMP 100.00 IMP = 30,859.78 CJPY |
IMP 500.00 IMP = 154,298.90 CJPY |
IMP 1,000.00 IMP = 308,597.80 CJPY |
CJPY to IMP over time
CJPY | Today | 24H 1.16% | 1M 2.73% | 1Y -36.43% |
|---|---|---|---|---|
0.5 CJPY | IMP 0.00162 IMP | IMP 0.001601 IMP | IMP 0.001576 IMP | IMP 0.002211 IMP |
1 CJPY | IMP 0.00324 IMP | IMP 0.003203 IMP | IMP 0.003152 IMP | IMP 0.004421 IMP |
5 CJPY | IMP 0.0162 IMP | IMP 0.01601 IMP | IMP 0.01576 IMP | IMP 0.02211 IMP |
10 CJPY | IMP 0.0324 IMP | IMP 0.03203 IMP | IMP 0.03152 IMP | IMP 0.04421 IMP |
50 CJPY | IMP 0.162 IMP | IMP 0.1601 IMP | IMP 0.1576 IMP | IMP 0.2211 IMP |
100 CJPY | IMP 0.324 IMP | IMP 0.3203 IMP | IMP 0.3152 IMP | IMP 0.4421 IMP |
500 CJPY | IMP 1.62 IMP | IMP 1.60 IMP | IMP 1.58 IMP | IMP 2.21 IMP |
1,000 CJPY | IMP 3.24 IMP | IMP 3.20 IMP | IMP 3.15 IMP | IMP 4.42 IMP |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about IMP 0.00324.
Based on the current rate, you could get 308.60 CJPY for 1 IMP.
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 IMP calculator at the top of this page to convert any amount of CJPY to IMP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 IMP is equivalent to 1,542.99 CJPY. Inversely, 5 CJPY will cost about IMP 0.0162
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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