Convert Colombian Peso COP to Convertible JPY Token CJPY
COP to CJPY: 1 Colombian Peso converts to 0.06061 CJPY
About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is COP 16.50 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of COP 3,513,093,619.69. The amount of Convertible JPY Token traded has risen by COP 3,716,759 in the last 24 hours, which is a 13.34% increase. Additionally, in the last day, COP 27,863,589 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is COP 16.50 COP. In other words, to buy 5 Convertible JPY Token, it would cost you COP 82.49 COP. Inversely, COP 1 COP would allow you to trade for 0.06061 CJPY while COP 50 COP would convert to 3.03 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.61%. Meanwhile, in the last 24 hours, the rate has changed by 0.33%, which means that the highest exchange rate of 1 CJPY to COP was COP 16.70 COP and the lowest 24 hour value was 1 CJPY for COP 16.30 COP. Last month, 1 CJPY was worth COP 16.09 COP. Today, it's down 0.74%. Looking back a year, Convertible JPY Token has changed by COP 21.33 COP. That means that in a single year, the value of Convertible JPY Token has shrank by 6.51%.
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
COP to CJPY values from Today at 12:33 am
COP 1 COP = 0.03031 CJPY |
COP 1 COP = 0.06061 CJPY |
COP 5 COP = 0.3031 CJPY |
COP 10 COP = 0.6061 CJPY |
COP 50 COP = 3.03 CJPY |
COP 100 COP = 6.06 CJPY |
COP 500 COP = 30.31 CJPY |
COP 1,000 COP = 60.61 CJPY |
CJPY to COP values from Today at 12:33 am
0.5 CJPY = COP 8.25 COP |
1 CJPY = COP 16.50 COP |
5 CJPY = COP 82.49 COP |
10 CJPY = COP 164.99 COP |
50 CJPY = COP 824.94 COP |
100 CJPY = COP 1,649.88 COP |
500 CJPY = COP 8,249.38 COP |
1,000 CJPY = COP 16,498.76 COP |
COP to CJPY over time
COP | Today | 24H -377,405.69% | 1M -385,038.70% | 1Y -290,383.68% |
|---|---|---|---|---|
0.5 COP | 0.03031 CJPY | 0.03047 CJPY | 0.03108 CJPY | 0.02344 CJPY |
1 COP | 0.06061 CJPY | 0.06094 CJPY | 0.06217 CJPY | 0.04689 CJPY |
5 COP | 0.3031 CJPY | 0.3047 CJPY | 0.3108 CJPY | 0.2344 CJPY |
10 COP | 0.6061 CJPY | 0.6094 CJPY | 0.6217 CJPY | 0.4689 CJPY |
50 COP | 3.03 CJPY | 3.05 CJPY | 3.11 CJPY | 2.34 CJPY |
100 COP | 6.06 CJPY | 6.09 CJPY | 6.22 CJPY | 4.69 CJPY |
500 COP | 30.31 CJPY | 30.47 CJPY | 31.08 CJPY | 23.44 CJPY |
1,000 COP | 60.61 CJPY | 60.94 CJPY | 62.17 CJPY | 46.89 CJPY |
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