Convert Convertible JPY Token CJPY to Ethena Staked USDe SUSDE
CJPY to SUSDE: 1 Convertible JPY Token converts to 0.003621 SUSDE
About CJPY and SUSDE
Convertible JPY Token is falling, while Ethena Staked USDe is climbing this week. The current CJPY to SUSDE conversion rate is 0.003621. Inversely, this means that if you convert 1 SUSDE you will get 276.15 CJPY. The conversion rate of CJPY/SUSDE has decreased by 0.04% in the last hour (SUSDE/CJPY increased by 0.04%). In the last 24 hours, CJPY/SUSDE shrunk by 0.32%, while SUSDE/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.003621 SUSDE. In other words, to buy 5 Convertible JPY Token, it would cost you 0.018106 SUSDE. Inversely, 1 SUSDE would allow you to trade for 276.15 CJPY while 50 SUSDE would convert to 13,807.57 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.42%. Meanwhile, in the last 24 hours, the rate has changed by 0.33%, and that the highest exchange rate of 1 CJPY to SUSDE was 0.003655 SUSDE and the lowest 24 hour value was 1 CJPY for 0.00362 SUSDE. Last month, 1 CJPY was worth 0.003631 SUSDE. Today, it's down 0.27%. Looking back a year, Convertible JPY Token has changed by 0.005218 SUSDE. That means that in a single year, the value of Convertible JPY Token has shrank by 44.09%.
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.
Ethena Staked USDe Market Stats
Conversion tables
CJPY to SUSDE values from Today at 3:15 pm
0.5 CJPY = 0.001811 SUSDE |
1 CJPY = 0.003621 SUSDE |
5 CJPY = 0.01811 SUSDE |
10 CJPY = 0.03621 SUSDE |
50 CJPY = 0.1811 SUSDE |
100 CJPY = 0.3621 SUSDE |
500 CJPY = 1.81 SUSDE |
1,000 CJPY = 3.62 SUSDE |
SUSDE to CJPY values from Today at 3:15 pm
0.5 SUSDE = 138.08 CJPY |
1 SUSDE = 276.15 CJPY |
5 SUSDE = 1,380.76 CJPY |
10 SUSDE = 2,761.51 CJPY |
50 SUSDE = 13,807.57 CJPY |
100 SUSDE = 27,615.14 CJPY |
500 SUSDE = 138,075.70 CJPY |
1,000 SUSDE = 276,151.41 CJPY |
CJPY to SUSDE over time
CJPY | Today | 24H -0.33% | 1M -0.27% | 1Y -44.09% |
|---|---|---|---|---|
0.5 CJPY | 0.001811 SUSDE | 0.001817 SUSDE | 0.001815 SUSDE | 0.002609 SUSDE |
1 CJPY | 0.003621 SUSDE | 0.003633 SUSDE | 0.003631 SUSDE | 0.005218 SUSDE |
5 CJPY | 0.01811 SUSDE | 0.01817 SUSDE | 0.01815 SUSDE | 0.02609 SUSDE |
10 CJPY | 0.03621 SUSDE | 0.03633 SUSDE | 0.03631 SUSDE | 0.05218 SUSDE |
50 CJPY | 0.1811 SUSDE | 0.1817 SUSDE | 0.1815 SUSDE | 0.2609 SUSDE |
100 CJPY | 0.3621 SUSDE | 0.3633 SUSDE | 0.3631 SUSDE | 0.5218 SUSDE |
500 CJPY | 1.81 SUSDE | 1.82 SUSDE | 1.82 SUSDE | 2.61 SUSDE |
1,000 CJPY | 3.62 SUSDE | 3.63 SUSDE | 3.63 SUSDE | 5.22 SUSDE |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about MX$0.07685.
Based on the current rate, you could get 13.01 CJPY for 1 MXN.
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 MXN calculator at the top of this page to convert any amount of CJPY to MXN. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MXN is equivalent to 65.07 CJPY. Inversely, 5 CJPY will cost about MX$0.3842
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 Fine. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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