Convert Convertible JPY Token CJPY to Guinean Franc GNF
CJPY to GNF: 1 Convertible JPY Token converts to GNF 42.95 GNF as of November 12 at 12:17 AM
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About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is GNF 42.95 per CJPY. With a circulating supply of 92,102,257.846 CJPY, it means that Convertible JPY Token has a total market cap of GNF 3,956,092,446.31. The amount of Convertible JPY Token traded has fallen by -GNF 9,101,044 in the last 24 hours, which is a 57.84% decrease. Additionally, in the last day, GNF 15,734,304 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is GNF 42.95 GNF. In other words, to buy 5 Convertible JPY Token, it would cost you GNF 214.77 GNF. Inversely, GNF 1 GNF would allow you to trade for 0.02328 CJPY while GNF 50 GNF would convert to 1.16 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.74%. Meanwhile, in the last 24 hours, the rate has changed by 0.34%, and that the highest exchange rate of 1 CJPY to GNF was GNF 43.47 GNF and the lowest 24 hour value was 1 CJPY for GNF 42.47 GNF. Last month, 1 CJPY was worth GNF 45.55 GNF. Today, it's down 6.94%. Looking back a year, Convertible JPY Token has changed by GNF 44.95 GNF. That means that in a single year, the value of Convertible JPY Token has shrank by 6.96%.
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 GNF values from Today at 12:17 am
0.5 CJPY = GNF 21.48 GNF |
1 CJPY = GNF 42.95 GNF |
5 CJPY = GNF 214.77 GNF |
10 CJPY = GNF 429.53 GNF |
50 CJPY = GNF 2,147.66 GNF |
100 CJPY = GNF 4,295.33 GNF |
500 CJPY = GNF 21,476.63 GNF |
1,000 CJPY = GNF 42,953.26 GNF |
GNF to CJPY values from Today at 3:51 am
GNF 1 GNF = 0.01164 CJPY |
GNF 1 GNF = 0.02328 CJPY |
GNF 5 GNF = 0.1164 CJPY |
GNF 10 GNF = 0.2328 CJPY |
GNF 50 GNF = 1.16 CJPY |
GNF 100 GNF = 2.33 CJPY |
GNF 500 GNF = 11.64 CJPY |
GNF 1,000 GNF = 23.28 CJPY |
CJPY to GNF over time
CJPY | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 CJPY | GNF 21.48 GNF | GNF 21.28 GNF | GNF 22.77 GNF | GNF 22.48 GNF |
1 CJPY | GNF 42.95 GNF | GNF 42.56 GNF | GNF 45.55 GNF | GNF 44.95 GNF |
5 CJPY | GNF 214.77 GNF | GNF 212.78 GNF | GNF 227.75 GNF | GNF 224.76 GNF |
10 CJPY | GNF 429.53 GNF | GNF 425.55 GNF | GNF 455.49 GNF | GNF 449.51 GNF |
50 CJPY | GNF 2,147.66 GNF | GNF 2,127.76 GNF | GNF 2,277.47 GNF | GNF 2,247.56 GNF |
100 CJPY | GNF 4,295.33 GNF | GNF 4,255.53 GNF | GNF 4,554.93 GNF | GNF 4,495.11 GNF |
500 CJPY | GNF 21,476.63 GNF | GNF 21,277.63 GNF | GNF 22,774.65 GNF | GNF 22,475.56 GNF |
1,000 CJPY | GNF 42,953.26 GNF | GNF 42,555.26 GNF | GNF 45,549.31 GNF | GNF 44,951.11 GNF |
Frequently asked questions
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