Convert Convertible JPY Token CJPY to Libyan Dinar LYD
CJPY to LYD: 1 Convertible JPY Token converts to LYD 0.03311 LYD as of September 3 at 8:16 PM
Buy Convertible JPY Token with Coinbase Wallet
Create a Coinbase account to buy and sell Convertible JPY Token on the most trusted crypto exchange. Learn more
About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is LYD 0.03311 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of LYD 7,039,014.65. The amount of Convertible JPY Token traded has risen by LYD 904.642 in the last 24 hours, which is a 3.06% increase. Additionally, in the last day, LYD 29,523.579 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is LYD 0.03311 LYD. In other words, to buy 5 Convertible JPY Token, it would cost you LYD 0.16553 LYD. Inversely, LYD 1.000 LYD would allow you to trade for 30.21 CJPY while LYD 50.000 LYD would convert to 1,510.32 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.5%. Meanwhile, in the last 24 hours, the rate has changed by 1.58%, which means that the highest exchange rate of 1 CJPY to LYD was LYD 0.03315 LYD and the lowest 24 hour value was 1 CJPY for LYD 0.03238 LYD. Last month, 1 CJPY was worth LYD 0.02885 LYD. Today, it's up 14.67%. Looking back a year, Convertible JPY Token has changed by LYD 0.03236 LYD. That means that in a single year, the value of Convertible JPY Token has shrank by 12.77%.
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 LYD values from Today at 8:16 pm
0.5 CJPY = LYD 0.01655 LYD |
1 CJPY = LYD 0.03311 LYD |
5 CJPY = LYD 0.1655 LYD |
10 CJPY = LYD 0.3311 LYD |
50 CJPY = LYD 1.66 LYD |
100 CJPY = LYD 3.31 LYD |
500 CJPY = LYD 16.55 LYD |
1,000 CJPY = LYD 33.11 LYD |
LYD to CJPY values from Today at 8:17 pm
LYD 0.500 LYD = 15.10 CJPY |
LYD 1.000 LYD = 30.21 CJPY |
LYD 5.000 LYD = 151.03 CJPY |
LYD 10.000 LYD = 302.06 CJPY |
LYD 50.000 LYD = 1,510.32 CJPY |
LYD 100.000 LYD = 3,020.64 CJPY |
LYD 500.000 LYD = 15,103.22 CJPY |
LYD 1,000.000 LYD = 30,206.45 CJPY |
CJPY to LYD over time
CJPY | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 CJPY | LYD 0.01655 LYD | LYD 0.01626 LYD | LYD 0.01443 LYD | LYD 0.01618 LYD |
1 CJPY | LYD 0.03311 LYD | LYD 0.03252 LYD | LYD 0.02885 LYD | LYD 0.03236 LYD |
5 CJPY | LYD 0.1655 LYD | LYD 0.1626 LYD | LYD 0.1443 LYD | LYD 0.1618 LYD |
10 CJPY | LYD 0.3311 LYD | LYD 0.3252 LYD | LYD 0.2885 LYD | LYD 0.3236 LYD |
50 CJPY | LYD 1.66 LYD | LYD 1.63 LYD | LYD 1.44 LYD | LYD 1.62 LYD |
100 CJPY | LYD 3.31 LYD | LYD 3.25 LYD | LYD 2.89 LYD | LYD 3.24 LYD |
500 CJPY | LYD 16.55 LYD | LYD 16.26 LYD | LYD 14.43 LYD | LYD 16.18 LYD |
1,000 CJPY | LYD 33.11 LYD | LYD 32.52 LYD | LYD 28.85 LYD | LYD 32.36 LYD |
Buy Convertible JPY Token with Coinbase Wallet
Create a Coinbase account to buy and sell Convertible JPY Token on the most secure crypto exchange.
Related conversions
Popular price predictions
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.