Convert WEMIX WEMIX to Convertible JPY Token CJPY
WEMIX to CJPY: 1 WEMIX converts to 23.71 CJPY
About WEMIX and CJPY
WEMIX is falling, while Convertible JPY Token is climbing this week. The current WEMIX to CJPY conversion rate is 23.71. Inversely, this means that if you convert 1 CJPY you will get 0.04217 WEMIX. The conversion rate of WEMIX/CJPY has increased by 0.17% in the last hour (CJPY/WEMIX decreased by 0.17%). In the last 24 hours, WEMIX/CJPY shrunk by 1.27%, while CJPY/WEMIX grew by 1.29%.
The exchange rate of WEMIX is decreasing. The current value of 1 WEMIX is 23.71 CJPY. In other words, to buy 5 WEMIX, it would cost you 118.57 CJPY. Inversely, 1 CJPY would allow you to trade for 0.04217 WEMIX while 50 CJPY would convert to 2.11 WEMIX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 13.26%. Meanwhile, in the last 24 hours, the rate has changed by 1.89%, and that the highest exchange rate of 1 WEMIX to CJPY was 24.70 CJPY and the lowest 24 hour value was 1 WEMIX for 23.59 CJPY. Last month, 1 WEMIX was worth 36.55 CJPY. Today, it's down 35.11%. Looking back a year, WEMIX has changed by 101.07 CJPY. That means that in a single year, the value of WEMIX has shrank by 76.54%.
WEMIX Market Stats
WEMIX (WEMIX) is a cryptocurrency launched in 2020. WEMIX has a current supply of 561,215,394.7427063 with 500,418,482.53307027 in circulation. The last known price of WEMIX is 0.11961617 USD and is down -4.02 over the last 24 hours. It is currently trading on 65 active market(s) with $592,286.13 traded over the last 24 hours.
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
WEMIX to CJPY values from Today at 1:25 pm
0.5 WEMIX = 11.86 CJPY |
1 WEMIX = 23.71 CJPY |
5 WEMIX = 118.57 CJPY |
10 WEMIX = 237.13 CJPY |
50 WEMIX = 1,185.65 CJPY |
100 WEMIX = 2,371.31 CJPY |
500 WEMIX = 11,856.54 CJPY |
1,000 WEMIX = 23,713.08 CJPY |
CJPY to WEMIX values from Today at 1:25 pm
0.5 CJPY = 0.02109 WEMIX |
1 CJPY = 0.04217 WEMIX |
5 CJPY = 0.2109 WEMIX |
10 CJPY = 0.4217 WEMIX |
50 CJPY = 2.11 WEMIX |
100 CJPY = 4.22 WEMIX |
500 CJPY = 21.09 WEMIX |
1,000 CJPY = 42.17 WEMIX |
WEMIX to CJPY over time
WEMIX | Today | 24H -1.93% | 1M -54.11% | 1Y -326.22% |
|---|---|---|---|---|
0.5 WEMIX | 11.86 CJPY | 12.09 CJPY | 18.27 CJPY | 50.53 CJPY |
1 WEMIX | 23.71 CJPY | 24.17 CJPY | 36.55 CJPY | 101.07 CJPY |
5 WEMIX | 118.57 CJPY | 120.86 CJPY | 182.73 CJPY | 505.35 CJPY |
10 WEMIX | 237.13 CJPY | 241.71 CJPY | 365.45 CJPY | 1,010.70 CJPY |
50 WEMIX | 1,185.65 CJPY | 1,208.56 CJPY | 1,827.25 CJPY | 5,053.50 CJPY |
100 WEMIX | 2,371.31 CJPY | 2,417.11 CJPY | 3,654.51 CJPY | 10,106.99 CJPY |
500 WEMIX | 11,856.54 CJPY | 12,085.56 CJPY | 18,272.53 CJPY | 50,534.97 CJPY |
1,000 WEMIX | 23,713.08 CJPY | 24,171.12 CJPY | 36,545.06 CJPY | 101,069.93 CJPY |
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