Convert Convertible JPY Token CJPY to Maple Finance SYRUP
CJPY to SYRUP: 1 Convertible JPY Token converts to 0.0269 SYRUP
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About CJPY and SYRUP
Convertible JPY Token is falling, while Maple Finance is climbing this week. The current CJPY to SYRUP conversion rate is 0.0269. Inversely, this means that if you convert 1 SYRUP you will get 37.18 CJPY. The conversion rate of CJPY/SYRUP has decreased by 0.27% in the last hour (SYRUP/CJPY increased by 0.27%). In the last 24 hours, CJPY/SYRUP shrunk by 0.15%, while SYRUP/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.0269 SYRUP. In other words, to buy 5 Convertible JPY Token, it would cost you 0.13448 SYRUP. Inversely, 1 SYRUP would allow you to trade for 37.18 CJPY while 50 SYRUP would convert to 1,858.99 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.25%. Meanwhile, in the last 24 hours, the rate has changed by 0.02%, which means that the highest exchange rate of 1 CJPY to SYRUP was 0.02727 SYRUP and the lowest 24 hour value was 1 CJPY for 0.0261 SYRUP. Last month, 1 CJPY was worth 0.02952 SYRUP. Today, it's down 9.74%. Looking back a year, Convertible JPY Token has changed by 0.01358 SYRUP. That means that in a single year, the value of Convertible JPY Token has grown by 49.5%.
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.
Maple Finance Market Stats
Maple Finance was founded in 2019 and launched its protocol in 2021. It is an overcollateralised onchain asset management platform offering institutional lending and permissionless yield products. Since launch, Maple has originated over $20 billion in loans. SYRUP is Maple's governance token, replacing the legacy MPL token via governance proposal MIP-010 in 2024 at a ratio of 1:100. Maple's products include Maple Institutional - Secured Lending and syrupUSDC/syrupUSDT.
Conversion tables
CJPY to SYRUP values from Today at 7:58 am
0.5 CJPY = 0.01345 SYRUP |
1 CJPY = 0.0269 SYRUP |
5 CJPY = 0.1345 SYRUP |
10 CJPY = 0.269 SYRUP |
50 CJPY = 1.34 SYRUP |
100 CJPY = 2.69 SYRUP |
500 CJPY = 13.45 SYRUP |
1,000 CJPY = 26.90 SYRUP |
SYRUP to CJPY values from Today at 8:02 am
0.5 SYRUP = 18.59 CJPY |
1 SYRUP = 37.18 CJPY |
5 SYRUP = 185.90 CJPY |
10 SYRUP = 371.80 CJPY |
50 SYRUP = 1,858.99 CJPY |
100 SYRUP = 3,717.99 CJPY |
500 SYRUP = 18,589.94 CJPY |
1,000 SYRUP = 37,179.88 CJPY |
CJPY to SYRUP over time
CJPY | Today | 24H -0.02% | 1M -9.74% | 1Y 49.50% |
|---|---|---|---|---|
0.5 CJPY | 0.01345 SYRUP | 0.01345 SYRUP | 0.01476 SYRUP | 0.006791 SYRUP |
1 CJPY | 0.0269 SYRUP | 0.0269 SYRUP | 0.02952 SYRUP | 0.01358 SYRUP |
5 CJPY | 0.1345 SYRUP | 0.1345 SYRUP | 0.1476 SYRUP | 0.06791 SYRUP |
10 CJPY | 0.269 SYRUP | 0.269 SYRUP | 0.2952 SYRUP | 0.1358 SYRUP |
50 CJPY | 1.34 SYRUP | 1.35 SYRUP | 1.48 SYRUP | 0.6791 SYRUP |
100 CJPY | 2.69 SYRUP | 2.69 SYRUP | 2.95 SYRUP | 1.36 SYRUP |
500 CJPY | 13.45 SYRUP | 13.45 SYRUP | 14.76 SYRUP | 6.79 SYRUP |
1,000 CJPY | 26.90 SYRUP | 26.90 SYRUP | 29.52 SYRUP | 13.58 SYRUP |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about €0.003908.
Based on the current rate, you could get 255.90 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 1,279.51 CJPY. Inversely, 5 CJPY will cost about €0.01954
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 BNBcat. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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