Convert Croginal Cats CROGINAL to Convertible JPY Token CJPY
CROGINAL to CJPY: 1 Croginal Cats converts to 0.0008894 CJPY
About CROGINAL and CJPY
Croginal Cats is falling, while Convertible JPY Token is climbing this week. The current CROGINAL to CJPY conversion rate is 0.0008894. Inversely, this means that if you convert 1 CJPY you will get 1,124.35 CROGINAL. The conversion rate of CROGINAL/CJPY has decreased by 0.03% in the last hour (CJPY/CROGINAL increased by 0.03%). In the last 24 hours, CROGINAL/CJPY shrunk by 0.16%, while CJPY/CROGINAL grew by 0.16%.
The exchange rate of Croginal Cats is decreasing. The current value of 1 CROGINAL is 0.0008894 CJPY. In other words, to buy 5 Croginal Cats, it would cost you 0.004447 CJPY. Inversely, 1 CJPY would allow you to trade for 1,124.35 CROGINAL while 50 CJPY would convert to 56,217.64 CROGINAL, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.2%. Meanwhile, in the last 24 hours, the rate has changed by 0.56%, which means that the highest exchange rate of 1 CROGINAL to CJPY was 0.0008984 CJPY and the lowest 24 hour value was 1 CROGINAL for 0.0008876 CJPY. Last month, 1 CROGINAL was worth 0.000868 CJPY. Today, it's up 2.47%. Looking back a year, Croginal Cats has changed by 0.003827 CJPY. That means that in a single year, the value of Croginal Cats has shrank by 76.76%.
Croginal Cats Market Stats
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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
CROGINAL to CJPY values from Today at 8:08 am
0.5 CROGINAL = 0.0004447 CJPY |
1 CROGINAL = 0.0008894 CJPY |
5 CROGINAL = 0.004447 CJPY |
10 CROGINAL = 0.008894 CJPY |
50 CROGINAL = 0.04447 CJPY |
100 CROGINAL = 0.08894 CJPY |
500 CROGINAL = 0.4447 CJPY |
1,000 CROGINAL = 0.8894 CJPY |
CJPY to CROGINAL values from Today at 8:06 am
0.5 CJPY = 562.18 CROGINAL |
1 CJPY = 1,124.35 CROGINAL |
5 CJPY = 5,621.76 CROGINAL |
10 CJPY = 11,243.53 CROGINAL |
50 CJPY = 56,217.64 CROGINAL |
100 CJPY = 112,435.28 CROGINAL |
500 CJPY = 562,176.41 CROGINAL |
1,000 CJPY = 1,124,352.83 CROGINAL |
CROGINAL to CJPY over time
CROGINAL | Today | 24H -0.56% | 1M 2.41% | 1Y -330.26% |
|---|---|---|---|---|
0.5 CROGINAL | 0.0004447 CJPY | 0.0004472 CJPY | 0.000434 CJPY | 0.001913 CJPY |
1 CROGINAL | 0.0008894 CJPY | 0.0008944 CJPY | 0.000868 CJPY | 0.003827 CJPY |
5 CROGINAL | 0.004447 CJPY | 0.004472 CJPY | 0.00434 CJPY | 0.01913 CJPY |
10 CROGINAL | 0.008894 CJPY | 0.008944 CJPY | 0.00868 CJPY | 0.03827 CJPY |
50 CROGINAL | 0.04447 CJPY | 0.04472 CJPY | 0.0434 CJPY | 0.1913 CJPY |
100 CROGINAL | 0.08894 CJPY | 0.08944 CJPY | 0.0868 CJPY | 0.3827 CJPY |
500 CROGINAL | 0.4447 CJPY | 0.4472 CJPY | 0.434 CJPY | 1.91 CJPY |
1,000 CROGINAL | 0.8894 CJPY | 0.8944 CJPY | 0.868 CJPY | 3.83 CJPY |
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