Convert Convertible JPY Token CJPY to Celo CGLD
CJPY to CGLD: 1 Convertible JPY Token converts to 0.07345 CGLD
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About CJPY and CGLD
Convertible JPY Token is climbing, while Celo is falling this week. The current CJPY to CGLD conversion rate is 0.07345. Inversely, this means that if you convert 1 CGLD you will get 13.62 CJPY. The conversion rate of CJPY/CGLD has increased by 2.61% in the last hour (CGLD/CJPY decreased by 2.55%). In the last 24 hours, CJPY/CGLD grew by 1.61%, while CGLD/CJPY shrunk by 1.59%.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.07345 CGLD. In other words, to buy 5 Convertible JPY Token, it would cost you 0.36724 CGLD. Inversely, 1 CGLD would allow you to trade for 13.62 CJPY while 50 CGLD would convert to 680.75 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.34%. Meanwhile, in the last 24 hours, the rate has changed by 1.68%, which means that the highest exchange rate of 1 CJPY to CGLD was 0.07359 CGLD and the lowest 24 hour value was 1 CJPY for 0.07175 CGLD. Last month, 1 CJPY was worth 0.05203 CGLD. Today, it's up 41.15%. Looking back a year, Convertible JPY Token has changed by 0.04913 CGLD. That means that in a single year, the value of Convertible JPY Token has grown by 49.5%.
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.
Celo Market Stats
Celo is the core utility, reserve, staking, and governance asset for the Celo platform. The platform aims to make financial tools borderless, easy to use, and accessible for anyone with a mobile phone.
Conversion tables
CJPY to CGLD values from Today at 11:52 pm
0.5 CJPY = 0.03672 CGLD |
1 CJPY = 0.07345 CGLD |
5 CJPY = 0.3672 CGLD |
10 CJPY = 0.7345 CGLD |
50 CJPY = 3.67 CGLD |
100 CJPY = 7.34 CGLD |
500 CJPY = 36.72 CGLD |
1,000 CJPY = 73.45 CGLD |
CGLD to CJPY values from Today at 11:53 pm
0.5 CGLD = 6.81 CJPY |
1 CGLD = 13.62 CJPY |
5 CGLD = 68.08 CJPY |
10 CGLD = 136.15 CJPY |
50 CGLD = 680.75 CJPY |
100 CGLD = 1,361.51 CJPY |
500 CGLD = 6,807.54 CJPY |
1,000 CGLD = 13,615.08 CJPY |
CJPY to CGLD over time
CJPY | Today | 24H 1.66% | 1M 29.16% | 1Y 33.11% |
|---|---|---|---|---|
0.5 CJPY | 0.03672 CGLD | 0.03612 CGLD | 0.02602 CGLD | 0.02456 CGLD |
1 CJPY | 0.07345 CGLD | 0.07223 CGLD | 0.05203 CGLD | 0.04913 CGLD |
5 CJPY | 0.3672 CGLD | 0.3612 CGLD | 0.2602 CGLD | 0.2456 CGLD |
10 CJPY | 0.7345 CGLD | 0.7223 CGLD | 0.5203 CGLD | 0.4913 CGLD |
50 CJPY | 3.67 CGLD | 3.61 CGLD | 2.60 CGLD | 2.46 CGLD |
100 CJPY | 7.34 CGLD | 7.22 CGLD | 5.20 CGLD | 4.91 CGLD |
500 CJPY | 36.72 CGLD | 36.12 CGLD | 26.02 CGLD | 24.56 CGLD |
1,000 CJPY | 73.45 CGLD | 72.23 CGLD | 52.03 CGLD | 49.13 CGLD |
Frequently asked questions
Buy Convertible JPY Token with Coinbase
Create a Coinbase account to buy and sell Convertible JPY Token on the most secure crypto exchange.
Related conversions
Popular cryptocurrency conversions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Explore other stocks
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.