Convert Convertible JPY Token CJPY to Nepalese Rupee NPR
CJPY to NPR: 1 Convertible JPY Token converts to NPR 0.7732 NPR as of October 25 at 10:26 PM
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About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is NPR 0.7732 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of NPR 164,458,661.95. The amount of Convertible JPY Token traded has risen by NPR 598,996.31 in the last 24 hours, which is a 69.47% increase. Additionally, in the last day, NPR 862,195.71 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is NPR 0.7732 NPR. In other words, to buy 5 Convertible JPY Token, it would cost you NPR 3.8662 NPR. Inversely, NPR 1.00 NPR would allow you to trade for 1.29 CJPY while NPR 50.00 NPR would convert to 64.66 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.66%. Meanwhile, in the last 24 hours, the rate has changed by 1.58%, and that the highest exchange rate of 1 CJPY to NPR was NPR 0.7755 NPR and the lowest 24 hour value was 1 CJPY for NPR 0.7592 NPR. Last month, 1 CJPY was worth NPR 0.7924 NPR. Today, it's down 1.59%. Looking back a year, Convertible JPY Token has changed by NPR 0.7731 NPR. That means that in a single year, the value of Convertible JPY Token has shrank by 7.83%.
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 NPR values from Today at 10:26 pm
0.5 CJPY = NPR 0.3866 NPR |
1 CJPY = NPR 0.7732 NPR |
5 CJPY = NPR 3.87 NPR |
10 CJPY = NPR 7.73 NPR |
50 CJPY = NPR 38.66 NPR |
100 CJPY = NPR 77.32 NPR |
500 CJPY = NPR 386.62 NPR |
1,000 CJPY = NPR 773.24 NPR |
NPR to CJPY values from Today at 4:23 pm
NPR 0.50 NPR = 0.6466 CJPY |
NPR 1.00 NPR = 1.29 CJPY |
NPR 5.00 NPR = 6.47 CJPY |
NPR 10.00 NPR = 12.93 CJPY |
NPR 50.00 NPR = 64.66 CJPY |
NPR 100.00 NPR = 129.33 CJPY |
NPR 500.00 NPR = 646.63 CJPY |
NPR 1,000.00 NPR = 1,293.26 CJPY |
CJPY to NPR over time
CJPY | Today | 24H 99.95% | 1M 99.95% | 1Y 99.95% |
|---|---|---|---|---|
0.5 CJPY | NPR 0.3866 NPR | NPR 0.3797 NPR | NPR 0.3962 NPR | NPR 0.3865 NPR |
1 CJPY | NPR 0.7732 NPR | NPR 0.7593 NPR | NPR 0.7924 NPR | NPR 0.7731 NPR |
5 CJPY | NPR 3.87 NPR | NPR 3.80 NPR | NPR 3.96 NPR | NPR 3.87 NPR |
10 CJPY | NPR 7.73 NPR | NPR 7.59 NPR | NPR 7.92 NPR | NPR 7.73 NPR |
50 CJPY | NPR 38.66 NPR | NPR 37.97 NPR | NPR 39.62 NPR | NPR 38.65 NPR |
100 CJPY | NPR 77.32 NPR | NPR 75.93 NPR | NPR 79.24 NPR | NPR 77.31 NPR |
500 CJPY | NPR 386.62 NPR | NPR 379.66 NPR | NPR 396.21 NPR | NPR 386.53 NPR |
1,000 CJPY | NPR 773.24 NPR | NPR 759.32 NPR | NPR 792.42 NPR | NPR 773.07 NPR |
Frequently asked questions
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