Convert Convertible JPY Token CJPY to Falkland Pound FKP
CJPY to FKP: 1 Convertible JPY Token converts to FKP 0.003919 FKP as of October 3 at 6:36 PM
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About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is FKP 0.003919 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of FKP 833,299.41. The amount of Convertible JPY Token traded has fallen by -FKP 793.17 in the last 24 hours, which is a 60.66% decrease. Additionally, in the last day, FKP 1,307.51 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is FKP 0.003919 FKP. In other words, to buy 5 Convertible JPY Token, it would cost you FKP 0.019596 FKP. Inversely, FKP 1.00 FKP would allow you to trade for 255.15 CJPY while FKP 50.00 FKP would convert to 12,757.69 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.28%. Meanwhile, in the last 24 hours, the rate has changed by 0.33%, which means that the highest exchange rate of 1 CJPY to FKP was FKP 0.003926 FKP and the lowest 24 hour value was 1 CJPY for FKP 0.003893 FKP. Last month, 1 CJPY was worth FKP 0.003847 FKP. Today, it's down 0.29%. Looking back a year, Convertible JPY Token has changed by FKP 0.004273 FKP. That means that in a single year, the value of Convertible JPY Token has shrank by 9.91%.
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
CJPY to FKP values from Today at 6:36 pm
0.5 CJPY = FKP 0.00196 FKP |
1 CJPY = FKP 0.003919 FKP |
5 CJPY = FKP 0.0196 FKP |
10 CJPY = FKP 0.03919 FKP |
50 CJPY = FKP 0.196 FKP |
100 CJPY = FKP 0.3919 FKP |
500 CJPY = FKP 1.96 FKP |
1,000 CJPY = FKP 3.92 FKP |
FKP to CJPY values from Today at
FKP 0.50 FKP = 127.58 CJPY |
FKP 1.00 FKP = 255.15 CJPY |
FKP 5.00 FKP = 1,275.77 CJPY |
FKP 10.00 FKP = 2,551.54 CJPY |
FKP 50.00 FKP = 12,757.69 CJPY |
FKP 100.00 FKP = 25,515.38 CJPY |
FKP 500.00 FKP = 127,576.88 CJPY |
FKP 1,000.00 FKP = 255,153.77 CJPY |
CJPY to FKP over time
CJPY | Today | 24H 0.32% | 1M 1.85% | 1Y -9.02% |
|---|---|---|---|---|
0.5 CJPY | FKP 0.00196 FKP | FKP 0.001953 FKP | FKP 0.001923 FKP | FKP 0.002136 FKP |
1 CJPY | FKP 0.003919 FKP | FKP 0.003907 FKP | FKP 0.003847 FKP | FKP 0.004273 FKP |
5 CJPY | FKP 0.0196 FKP | FKP 0.01953 FKP | FKP 0.01923 FKP | FKP 0.02136 FKP |
10 CJPY | FKP 0.03919 FKP | FKP 0.03907 FKP | FKP 0.03847 FKP | FKP 0.04273 FKP |
50 CJPY | FKP 0.196 FKP | FKP 0.1953 FKP | FKP 0.1923 FKP | FKP 0.2136 FKP |
100 CJPY | FKP 0.3919 FKP | FKP 0.3907 FKP | FKP 0.3847 FKP | FKP 0.4273 FKP |
500 CJPY | FKP 1.96 FKP | FKP 1.95 FKP | FKP 1.92 FKP | FKP 2.14 FKP |
1,000 CJPY | FKP 3.92 FKP | FKP 3.91 FKP | FKP 3.85 FKP | FKP 4.27 FKP |
Frequently asked questions
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