Convert Convertible JPY Token CJPY to MultiversX EGLD
CJPY to EGLD: 1 Convertible JPY Token converts to 0.001657 EGLD
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About CJPY and EGLD
Convertible JPY Token is falling, while MultiversX is climbing this week. The current CJPY to EGLD conversion rate is 0.001657. Inversely, this means that if you convert 1 EGLD you will get 603.46 CJPY. The conversion rate of CJPY/EGLD has increased by 0.19% in the last hour (EGLD/CJPY decreased by 0.19%). In the last 24 hours, CJPY/EGLD shrunk by 2.14%, while EGLD/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.001657 EGLD. In other words, to buy 5 Convertible JPY Token, it would cost you 0.008286 EGLD. Inversely, 1 EGLD would allow you to trade for 603.46 CJPY while 50 EGLD would convert to 30,173.05 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.69%. Meanwhile, in the last 24 hours, the rate has changed by 1.76%, which means that the highest exchange rate of 1 CJPY to EGLD was 0.001686 EGLD and the lowest 24 hour value was 1 CJPY for 0.001617 EGLD. Last month, 1 CJPY was worth 0.001621 EGLD. Today, it's up 2.21%. Looking back a year, Convertible JPY Token has changed by 0.0004164 EGLD. That means that in a single year, the value of Convertible JPY Token has grown by 74.87%.
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.
MultiversX Market Stats
MultiversX is a highly scalable, secure, and decentralized blockchain network created to enable radically new applications for users, businesses, society, and the new metaverse frontier. The EGLD Token is the native token powering the MultiversX Network, and its utility comprises all core network functionalities such as staking, governance, transactions, smart contracts, and validator rewards.
Conversion tables
CJPY to EGLD values from Today at 10:01 am
0.5 CJPY = 0.0008286 EGLD |
1 CJPY = 0.001657 EGLD |
5 CJPY = 0.008286 EGLD |
10 CJPY = 0.01657 EGLD |
50 CJPY = 0.08286 EGLD |
100 CJPY = 0.1657 EGLD |
500 CJPY = 0.8286 EGLD |
1,000 CJPY = 1.66 EGLD |
EGLD to CJPY values from Today at 10:02 am
0.5 EGLD = 301.73 CJPY |
1 EGLD = 603.46 CJPY |
5 EGLD = 3,017.30 CJPY |
10 EGLD = 6,034.61 CJPY |
50 EGLD = 30,173.05 CJPY |
100 EGLD = 60,346.10 CJPY |
500 EGLD = 301,730.49 CJPY |
1,000 EGLD = 603,460.98 CJPY |
CJPY to EGLD over time
CJPY | Today | 24H -1.76% | 1M 2.21% | 1Y 74.87% |
|---|---|---|---|---|
0.5 CJPY | 0.0008286 EGLD | 0.0008431 EGLD | 0.0008103 EGLD | 0.0002082 EGLD |
1 CJPY | 0.001657 EGLD | 0.001686 EGLD | 0.001621 EGLD | 0.0004164 EGLD |
5 CJPY | 0.008286 EGLD | 0.008431 EGLD | 0.008103 EGLD | 0.002082 EGLD |
10 CJPY | 0.01657 EGLD | 0.01686 EGLD | 0.01621 EGLD | 0.004164 EGLD |
50 CJPY | 0.08286 EGLD | 0.08431 EGLD | 0.08103 EGLD | 0.02082 EGLD |
100 CJPY | 0.1657 EGLD | 0.1686 EGLD | 0.1621 EGLD | 0.04164 EGLD |
500 CJPY | 0.8286 EGLD | 0.8431 EGLD | 0.8103 EGLD | 0.2082 EGLD |
1,000 CJPY | 1.66 EGLD | 1.69 EGLD | 1.62 EGLD | 0.4164 EGLD |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about €0.003868.
Based on the current rate, you could get 258.55 CJPY for 1 EUR.
Convertible JPY Token price has been declining. Since yesterday, the exchange rate of Convertible JPY Token has decreased. Since last month, the exchange rate of Convertible JPY Token has increased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to EUR calculator at the top of this page to convert any amount of CJPY to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 1,292.77 CJPY. Inversely, 5 CJPY will cost about €0.01934
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 Short-term T-Bill Token, BaseX, and Fine. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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