Convert SHPING SHPING to Convertible JPY Token CJPY
SHPING to CJPY: 1 SHPING converts to 0.1061 CJPY
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About SHPING and CJPY
SHPING is falling, while Convertible JPY Token is climbing this week. The current SHPING to CJPY conversion rate is 0.1061. Inversely, this means that if you convert 1 CJPY you will get 9.42 SHPING. The conversion rate of SHPING/CJPY has decreased by 0.18% in the last hour (CJPY/SHPING increased by 0.18%). In the last 24 hours, SHPING/CJPY shrunk by 1.84%, while CJPY/SHPING grew by the same amount.
The exchange rate of SHPING is decreasing. The current value of 1 SHPING is 0.1061 CJPY. In other words, to buy 5 SHPING, it would cost you 0.5305 CJPY. Inversely, 1 CJPY would allow you to trade for 9.42 SHPING while 50 CJPY would convert to 471.22 SHPING, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.3%. Meanwhile, in the last 24 hours, the rate has changed by 0.88%, and that the highest exchange rate of 1 SHPING to CJPY was 0.1089 CJPY and the lowest 24 hour value was 1 SHPING for 0.1045 CJPY. Last month, 1 SHPING was worth 0.1091 CJPY. Today, it's down 2.82%. Looking back a year, SHPING has changed by 0.8098 CJPY. That means that in a single year, the value of SHPING has shrank by 663.18%.
SHPING Market Stats
SHPING is an Ethereum token that powers Shping, an application for comparing, reviewing, and tracking consumer products. Brands can use Shping Coin to reward customers for watching videos, writing reviews, and scanning receipts.
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
SHPING to CJPY values from Today at 8:31 pm
0.5 SHPING = 0.05305 CJPY |
1 SHPING = 0.1061 CJPY |
5 SHPING = 0.5305 CJPY |
10 SHPING = 1.06 CJPY |
50 SHPING = 5.31 CJPY |
100 SHPING = 10.61 CJPY |
500 SHPING = 53.05 CJPY |
1,000 SHPING = 106.11 CJPY |
CJPY to SHPING values from Today at 8:31 pm
0.5 CJPY = 4.71 SHPING |
1 CJPY = 9.42 SHPING |
5 CJPY = 47.12 SHPING |
10 CJPY = 94.24 SHPING |
50 CJPY = 471.22 SHPING |
100 CJPY = 942.45 SHPING |
500 CJPY = 4,712.24 SHPING |
1,000 CJPY = 9,424.48 SHPING |
SHPING to CJPY over time
SHPING | Today | 24H -0.88% | 1M -2.82% | 1Y -663.18% |
|---|---|---|---|---|
0.5 SHPING | 0.05305 CJPY | 0.05352 CJPY | 0.05455 CJPY | 0.4049 CJPY |
1 SHPING | 0.1061 CJPY | 0.107 CJPY | 0.1091 CJPY | 0.8098 CJPY |
5 SHPING | 0.5305 CJPY | 0.5352 CJPY | 0.5455 CJPY | 4.05 CJPY |
10 SHPING | 1.06 CJPY | 1.07 CJPY | 1.09 CJPY | 8.10 CJPY |
50 SHPING | 5.31 CJPY | 5.35 CJPY | 5.45 CJPY | 40.49 CJPY |
100 SHPING | 10.61 CJPY | 10.70 CJPY | 10.91 CJPY | 80.98 CJPY |
500 SHPING | 53.05 CJPY | 53.52 CJPY | 54.55 CJPY | 404.89 CJPY |
1,000 SHPING | 106.11 CJPY | 107.05 CJPY | 109.09 CJPY | 809.79 CJPY |
Frequently asked questions
Right now, 1 SHPING is worth about €0.000478.
Based on the current rate, you could get 2,091.87 SHPING for 1 EUR.
SHPING price has been declining. Since yesterday, the exchange rate of SHPING has decreased. Since last month, the exchange rate of SHPING has increased. Since this time last year, the price of SHPING has decreased.
You can use our SHPING to EUR calculator at the top of this page to convert any amount of SHPING to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 10,459.35 SHPING. Inversely, 5 SHPING will cost about €0.00239
SHPING is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy SHPING.
There are a number of crypto assets that have the a similar or comparable market cap to SHPING, including Chirp, The White Whale, and Kwenta. For a more robust list of assets to explore, jump to the asset page dedicated to SHPING.
Buy SHPING with Coinbase
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