Convert World Liberty Financial USD USD1 to Convertible JPY Token CJPY
USD1 to CJPY: 1 World Liberty Financial USD converts to 199.52 CJPY
About USD1 and CJPY
World Liberty Financial USD is climbing, while Convertible JPY Token is falling this week. The current USD1 to CJPY conversion rate is 199.52. Inversely, this means that if you convert 1 CJPY you will get 0.005012 USD1. The conversion rate of USD1/CJPY has increased by 0.07% in the last hour (CJPY/USD1 decreased by 0.07%). In the last 24 hours, USD1/CJPY grew by 0.03%, while CJPY/USD1 shrunk by 0.03%.
The exchange rate of World Liberty Financial USD is increasing. The current value of 1 USD1 is 199.52 CJPY. In other words, to buy 5 World Liberty Financial USD, it would cost you 997.61 CJPY. Inversely, 1 CJPY would allow you to trade for 0.005012 USD1 while 50 CJPY would convert to 0.2506 USD1, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.49%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, which means that the highest exchange rate of 1 USD1 to CJPY was 199.53 CJPY and the lowest 24 hour value was 1 USD1 for 199.34 CJPY. Last month, 1 USD1 was worth 193.44 CJPY. Today, it's up 3.14%. Looking back a year, World Liberty Financial USD has changed by 182.45 CJPY. That means that in a single year, the value of World Liberty Financial USD has grown by 9.35%.
World Liberty Financial USD Market Stats
World Liberty Financial USD (USD1) is a stablecoin designed to track the value of one U.S. dollar. BitGo issues USD1, while World Liberty Financial and its affiliates own the brand and provide related services. According to the project's disclosures, USD1 is backed by reserves including U.S. dollar deposits, government money market funds, and cash equivalents.
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
USD1 to CJPY values from Today at 11:22 am
0.5 USD1 = 99.76 CJPY |
1 USD1 = 199.52 CJPY |
5 USD1 = 997.61 CJPY |
10 USD1 = 1,995.22 CJPY |
50 USD1 = 9,976.11 CJPY |
100 USD1 = 19,952.22 CJPY |
500 USD1 = 99,761.09 CJPY |
1,000 USD1 = 199,522.18 CJPY |
CJPY to USD1 values from Today at 11:21 am
0.5 CJPY = 0.002506 USD1 |
1 CJPY = 0.005012 USD1 |
5 CJPY = 0.02506 USD1 |
10 CJPY = 0.05012 USD1 |
50 CJPY = 0.2506 USD1 |
100 CJPY = 0.5012 USD1 |
500 CJPY = 2.51 USD1 |
1,000 CJPY = 5.01 USD1 |
USD1 to CJPY over time
USD1 | Today | 24H 0.03% | 1M 3.05% | 1Y 8.55% |
|---|---|---|---|---|
0.5 USD1 | 99.76 CJPY | 99.73 CJPY | 96.72 CJPY | 91.23 CJPY |
1 USD1 | 199.52 CJPY | 199.47 CJPY | 193.44 CJPY | 182.45 CJPY |
5 USD1 | 997.61 CJPY | 997.33 CJPY | 967.22 CJPY | 912.27 CJPY |
10 USD1 | 1,995.22 CJPY | 1,994.66 CJPY | 1,934.44 CJPY | 1,824.54 CJPY |
50 USD1 | 9,976.11 CJPY | 9,973.31 CJPY | 9,672.18 CJPY | 9,122.69 CJPY |
100 USD1 | 19,952.22 CJPY | 19,946.62 CJPY | 19,344.36 CJPY | 18,245.38 CJPY |
500 USD1 | 99,761.09 CJPY | 99,733.12 CJPY | 96,721.82 CJPY | 91,226.92 CJPY |
1,000 USD1 | 199,522.18 CJPY | 199,466.23 CJPY | 193,443.65 CJPY | 182,453.85 CJPY |
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