Convert B3 (Base) B3 to Convertible JPY Token CJPY
B3 to CJPY: 1 B3 (Base) converts to 0.1145 CJPY
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About B3 and CJPY
B3 (Base) is climbing, while Convertible JPY Token is falling this week. The current B3 to CJPY conversion rate is 0.1145. Inversely, this means that if you convert 1 CJPY you will get 8.74 B3. The conversion rate of B3/CJPY has increased by 0.59% in the last hour (CJPY/B3 decreased by 0.59%). In the last 24 hours, B3/CJPY grew by 3.6%, while CJPY/B3 shrunk by 3.47%.
The exchange rate of B3 (Base) is increasing. The current value of 1 B3 is 0.1145 CJPY. In other words, to buy 5 B3 (Base), it would cost you 0.5724 CJPY. Inversely, 1 CJPY would allow you to trade for 8.74 B3 while 50 CJPY would convert to 436.79 B3, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.31%. Meanwhile, in the last 24 hours, the rate has changed by 3.56%, and that the highest exchange rate of 1 B3 to CJPY was 0.1281 CJPY and the lowest 24 hour value was 1 B3 for 0.1098 CJPY. Last month, 1 B3 was worth 0.1398 CJPY. Today, it's down 18.14%. Looking back a year, B3 (Base) has changed by 0.3937 CJPY. That means that in a single year, the value of B3 (Base) has shrank by 70.92%.
B3 (Base) Market Stats
B3 is the native token at the center of B3 Labs’ AI ecosystem, built to revolutionize AI ownership - from raw compute to bespoke agents. B3IQ is building ownership layer for the AI GPU economy, already powering leading AI startups and backed by some of the space’s top investors. B3OS, built on B3IQ’s secure private inference, creates bespoke agents and automations that give businesses the intelligence and infrastructure to operate onchain - across stablecoins, staking, payments, treasury, and more.
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
B3 to CJPY values from Today at 3:21 pm
0.5 B3 = 0.05724 CJPY |
1 B3 = 0.1145 CJPY |
5 B3 = 0.5724 CJPY |
10 B3 = 1.14 CJPY |
50 B3 = 5.72 CJPY |
100 B3 = 11.45 CJPY |
500 B3 = 57.24 CJPY |
1,000 B3 = 114.47 CJPY |
CJPY to B3 values from Today at 3:20 pm
0.5 CJPY = 4.37 B3 |
1 CJPY = 8.74 B3 |
5 CJPY = 43.68 B3 |
10 CJPY = 87.36 B3 |
50 CJPY = 436.79 B3 |
100 CJPY = 873.57 B3 |
500 CJPY = 4,367.86 B3 |
1,000 CJPY = 8,735.72 B3 |
B3 to CJPY over time
B3 | Today | 24H 3.43% | 1M -22.16% | 1Y -243.93% |
|---|---|---|---|---|
0.5 B3 | 0.05724 CJPY | 0.05527 CJPY | 0.06992 CJPY | 0.1969 CJPY |
1 B3 | 0.1145 CJPY | 0.1105 CJPY | 0.1398 CJPY | 0.3937 CJPY |
5 B3 | 0.5724 CJPY | 0.5527 CJPY | 0.6992 CJPY | 1.97 CJPY |
10 B3 | 1.14 CJPY | 1.11 CJPY | 1.40 CJPY | 3.94 CJPY |
50 B3 | 5.72 CJPY | 5.53 CJPY | 6.99 CJPY | 19.69 CJPY |
100 B3 | 11.45 CJPY | 11.05 CJPY | 13.98 CJPY | 39.37 CJPY |
500 B3 | 57.24 CJPY | 55.27 CJPY | 69.92 CJPY | 196.86 CJPY |
1,000 B3 | 114.47 CJPY | 110.54 CJPY | 139.84 CJPY | 393.71 CJPY |
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