Convert Convertible JPY Token CJPY to GHO GHO
CJPY to GHO: 1 Convertible JPY Token converts to 0.005104 GHO
About CJPY and GHO
Convertible JPY Token is falling, while GHO is climbing this week. The current CJPY to GHO conversion rate is 0.005104. Inversely, this means that if you convert 1 GHO you will get 195.92 CJPY. The conversion rate of CJPY/GHO has decreased by 0.5% in the last hour (GHO/CJPY increased by 0.5%). In the last 24 hours, CJPY/GHO shrunk by 0.14%, while GHO/CJPY grew by 0.14%.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.005104 GHO. In other words, to buy 5 Convertible JPY Token, it would cost you 0.025521 GHO. Inversely, 1 GHO would allow you to trade for 195.92 CJPY while 50 GHO would convert to 9,795.80 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.29%. Meanwhile, in the last 24 hours, the rate has changed by 0.16%, and that the highest exchange rate of 1 CJPY to GHO was 0.005139 GHO and the lowest 24 hour value was 1 CJPY for 0.005036 GHO. Last month, 1 CJPY was worth 0.00519 GHO. Today, it's down 1.64%. Looking back a year, Convertible JPY Token has changed by 0.005393 GHO. That means that in a single year, the value of Convertible JPY Token has shrank by 5.35%.
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.
GHO Market Stats
GHO (GHO) is a cryptocurrency launched in 2023and operates on the Ethereum platform. GHO has a current supply of 584,000,000. The last known price of GHO is 0.99913358 USD and is up 0.01 over the last 24 hours. It is currently trading on 100 active market(s) with $543,391.92 traded over the last 24 hours.
Conversion tables
CJPY to GHO values from Today at 3:46 pm
0.5 CJPY = 0.002552 GHO |
1 CJPY = 0.005104 GHO |
5 CJPY = 0.02552 GHO |
10 CJPY = 0.05104 GHO |
50 CJPY = 0.2552 GHO |
100 CJPY = 0.5104 GHO |
500 CJPY = 2.55 GHO |
1,000 CJPY = 5.10 GHO |
GHO to CJPY values from Today at 3:47 pm
0.5 GHO = 97.96 CJPY |
1 GHO = 195.92 CJPY |
5 GHO = 979.58 CJPY |
10 GHO = 1,959.16 CJPY |
50 GHO = 9,795.80 CJPY |
100 GHO = 19,591.60 CJPY |
500 GHO = 97,957.99 CJPY |
1,000 GHO = 195,915.98 CJPY |
CJPY to GHO over time
CJPY | Today | 24H -0.16% | 1M -1.67% | 1Y -5.66% |
|---|---|---|---|---|
0.5 CJPY | 0.002552 GHO | 0.002556 GHO | 0.002595 GHO | 0.002696 GHO |
1 CJPY | 0.005104 GHO | 0.005112 GHO | 0.00519 GHO | 0.005393 GHO |
5 CJPY | 0.02552 GHO | 0.02556 GHO | 0.02595 GHO | 0.02696 GHO |
10 CJPY | 0.05104 GHO | 0.05112 GHO | 0.0519 GHO | 0.05393 GHO |
50 CJPY | 0.2552 GHO | 0.2556 GHO | 0.2595 GHO | 0.2696 GHO |
100 CJPY | 0.5104 GHO | 0.5112 GHO | 0.519 GHO | 0.5393 GHO |
500 CJPY | 2.55 GHO | 2.56 GHO | 2.59 GHO | 2.70 GHO |
1,000 CJPY | 5.10 GHO | 5.11 GHO | 5.19 GHO | 5.39 GHO |
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