Convert Convertible JPY Token CJPY to Lebanese Pound LBP
CJPY to LBP: 1 Convertible JPY Token converts to LBP 399.75 LBP as of July 26 at 3:59 PM
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About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is LBP 399.75 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of LBP 84,853,571,782.91. The amount of Convertible JPY Token traded has risen by LBP 3,700,771,885 in the last 24 hours, which is a 917.50% increase. Additionally, in the last day, LBP 403,352,502 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is LBP 399.75 LBP. In other words, to buy 5 Convertible JPY Token, it would cost you LBP 1,998.77 LBP. Inversely, LBP 1 LBP would allow you to trade for 0.002502 CJPY while LBP 50 LBP would convert to 0.1251 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.8%. Meanwhile, in the last 24 hours, the rate has changed by 1.32%, and that the highest exchange rate of 1 CJPY to LBP was LBP 408.01 LBP and the lowest 24 hour value was 1 CJPY for LBP 399.15 LBP. Last month, 1 CJPY was worth LBP 360.07 LBP. Today, it's up 10.99%. Looking back a year, Convertible JPY Token has changed by LBP 555.04 LBP. That means that in a single year, the value of Convertible JPY Token has shrank by 28.01%.
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 LBP values from Today at 3:59 pm
0.5 CJPY = LBP 199.88 LBP |
1 CJPY = LBP 399.75 LBP |
5 CJPY = LBP 1,998.77 LBP |
10 CJPY = LBP 3,997.55 LBP |
50 CJPY = LBP 19,987.75 LBP |
100 CJPY = LBP 39,975.49 LBP |
500 CJPY = LBP 199,877.46 LBP |
1,000 CJPY = LBP 399,754.92 LBP |
LBP to CJPY values from Today at 4:01 pm
LBP 1 LBP = 0.001251 CJPY |
LBP 1 LBP = 0.002502 CJPY |
LBP 5 LBP = 0.01251 CJPY |
LBP 10 LBP = 0.02502 CJPY |
LBP 50 LBP = 0.1251 CJPY |
LBP 100 LBP = 0.2502 CJPY |
LBP 500 LBP = 1.25 CJPY |
LBP 1,000 LBP = 2.50 CJPY |
CJPY to LBP over time
CJPY | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 CJPY | LBP 199.88 LBP | LBP 204.00 LBP | LBP 180.04 LBP | LBP 277.52 LBP |
1 CJPY | LBP 399.75 LBP | LBP 408.01 LBP | LBP 360.07 LBP | LBP 555.04 LBP |
5 CJPY | LBP 1,998.77 LBP | LBP 2,040.03 LBP | LBP 1,800.37 LBP | LBP 2,775.19 LBP |
10 CJPY | LBP 3,997.55 LBP | LBP 4,080.06 LBP | LBP 3,600.73 LBP | LBP 5,550.38 LBP |
50 CJPY | LBP 19,987.75 LBP | LBP 20,400.30 LBP | LBP 18,003.67 LBP | LBP 27,751.92 LBP |
100 CJPY | LBP 39,975.49 LBP | LBP 40,800.59 LBP | LBP 36,007.34 LBP | LBP 55,503.85 LBP |
500 CJPY | LBP 199,877.46 LBP | LBP 204,002.96 LBP | LBP 180,036.68 LBP | LBP 277,519.23 LBP |
1,000 CJPY | LBP 399,754.92 LBP | LBP 408,005.93 LBP | LBP 360,073.36 LBP | LBP 555,038.46 LBP |
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