Convert São Tomé and Príncipe Dobra STD to Convertible JPY Token CJPY
1 STD converts to 1 CJPY
About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is STD 0.00 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of STD 19,866,877,655.90. The amount of Convertible JPY Token traded has fallen by -STD 20,857,179 in the last 24 hours, which is a 45.23% decrease. Additionally, in the last day, STD 46,113,248 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is STD 0.00 STD. In other words, to buy 5 Convertible JPY Token, it would cost you STD 0.00 STD. Inversely, STD 1 STD would allow you to trade for ∞ CJPY while STD 50 STD would convert to ∞ CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.07%. Meanwhile, in the last 24 hours, the rate has changed by 0.07%, and that the highest exchange rate of 1 CJPY to STD was STD 96.24 STD and the lowest 24 hour value was 1 CJPY for STD 93.24 STD. Last month, 1 CJPY was worth STD 108.71 STD. Today, it's down 12.52%. Looking back a year, Convertible JPY Token has changed by STD 141.96 STD. That means that in a single year, the value of Convertible JPY Token has shrank by 33.9%.
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
STD to CJPY values from Today at
STD 1 STD = 0.50 CJPY |
STD 1 STD = 1.00 CJPY |
STD 5 STD = 5.00 CJPY |
STD 10 STD = 10.00 CJPY |
STD 50 STD = 50.00 CJPY |
STD 100 STD = 100.00 CJPY |
STD 500 STD = 500.00 CJPY |
STD 1,000 STD = 1,000.00 CJPY |
CJPY to STD values from Today at
0.5 CJPY = STD 0.50 STD |
1 CJPY = STD 1.00 STD |
5 CJPY = STD 5.00 STD |
10 CJPY = STD 10.00 STD |
50 CJPY = STD 50.00 STD |
100 CJPY = STD 100.00 STD |
500 CJPY = STD 500.00 STD |
1,000 CJPY = STD 1,000.00 STD |
STD to CJPY over time
STD | Today | 24H -1.05% | 1M -0.92% | 1Y -0.70% |
|---|---|---|---|---|
0.5 STD | 0.50 CJPY | 0.005254 CJPY | 0.0046 CJPY | 0.003522 CJPY |
1 STD | 1.00 CJPY | 0.01051 CJPY | 0.009199 CJPY | 0.007044 CJPY |
5 STD | 5.00 CJPY | 0.05254 CJPY | 0.046 CJPY | 0.03522 CJPY |
10 STD | 10.00 CJPY | 0.1051 CJPY | 0.09199 CJPY | 0.07044 CJPY |
50 STD | 50.00 CJPY | 0.5254 CJPY | 0.46 CJPY | 0.3522 CJPY |
100 STD | 100.00 CJPY | 1.05 CJPY | 0.9199 CJPY | 0.7044 CJPY |
500 STD | 500.00 CJPY | 5.25 CJPY | 4.60 CJPY | 3.52 CJPY |
1,000 STD | 1,000.00 CJPY | 10.51 CJPY | 9.20 CJPY | 7.04 CJPY |
Frequently asked questions
Right now, we do not have enough price data to estimate how much 1 Convertible JPY Token is in STD. Check back again soon.
Unfortunately, price data for Convertible JPY Token is intermittent so we don't have enough data to tabulate how much it has changed.
Convertible JPY Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Convertible JPY Token.
There are a number of crypto assets that have the a similar or comparable market cap to Convertible JPY Token, including Fine, BaseX, and BNBcat. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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