Convert Convertible JPY Token CJPY to Lebanese Pound LBP
CJPY to LBP: 1 Convertible JPY Token converts to LBP 402.08 LBP as of July 12 at 9:23 PM
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About Convertible JPY Token
Convertible JPY Token is falling this week. The current price of Convertible JPY Token is LBP 402.08 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of LBP 85,516,795,655.44. The amount of Convertible JPY Token traded has risen by LBP 202,632,575 in the last 24 hours, which is a 145.95% increase. Additionally, in the last day, LBP 138,834,228 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is LBP 402.08 LBP. In other words, to buy 5 Convertible JPY Token, it would cost you LBP 2,010.38 LBP. Inversely, LBP 1 LBP would allow you to trade for 0.002487 CJPY while LBP 50 LBP would convert to 0.1244 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.95%. Meanwhile, in the last 24 hours, the rate has changed by 0.22%, which means that the highest exchange rate of 1 CJPY to LBP was LBP 405.97 LBP and the lowest 24 hour value was 1 CJPY for LBP 397.51 LBP. Last month, 1 CJPY was worth LBP 378.79 LBP. Today, it's up 6.18%. Looking back a year, Convertible JPY Token has changed by LBP 571.50 LBP. That means that in a single year, the value of Convertible JPY Token has shrank by 29.58%.
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 LBP values from Today at 9:23 pm
0.5 CJPY = LBP 201.04 LBP |
1 CJPY = LBP 402.08 LBP |
5 CJPY = LBP 2,010.38 LBP |
10 CJPY = LBP 4,020.77 LBP |
50 CJPY = LBP 20,103.83 LBP |
100 CJPY = LBP 40,207.67 LBP |
500 CJPY = LBP 201,038.35 LBP |
1,000 CJPY = LBP 402,076.69 LBP |
LBP to CJPY values from Today at 9:24 pm
LBP 1 LBP = 0.001244 CJPY |
LBP 1 LBP = 0.002487 CJPY |
LBP 5 LBP = 0.01244 CJPY |
LBP 10 LBP = 0.02487 CJPY |
LBP 50 LBP = 0.1244 CJPY |
LBP 100 LBP = 0.2487 CJPY |
LBP 500 LBP = 1.24 CJPY |
LBP 1,000 LBP = 2.49 CJPY |
CJPY to LBP over time
CJPY | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 CJPY | LBP 201.04 LBP | LBP 201.71 LBP | LBP 189.40 LBP | LBP 285.75 LBP |
1 CJPY | LBP 402.08 LBP | LBP 403.42 LBP | LBP 378.79 LBP | LBP 571.50 LBP |
5 CJPY | LBP 2,010.38 LBP | LBP 2,017.10 LBP | LBP 1,893.96 LBP | LBP 2,857.49 LBP |
10 CJPY | LBP 4,020.77 LBP | LBP 4,034.20 LBP | LBP 3,787.92 LBP | LBP 5,714.98 LBP |
50 CJPY | LBP 20,103.83 LBP | LBP 20,170.98 LBP | LBP 18,939.60 LBP | LBP 28,574.89 LBP |
100 CJPY | LBP 40,207.67 LBP | LBP 40,341.96 LBP | LBP 37,879.19 LBP | LBP 57,149.78 LBP |
500 CJPY | LBP 201,038.35 LBP | LBP 201,709.80 LBP | LBP 189,395.97 LBP | LBP 285,748.88 LBP |
1,000 CJPY | LBP 402,076.69 LBP | LBP 403,419.59 LBP | LBP 378,791.93 LBP | LBP 571,497.75 LBP |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about LBP 402.08.
Based on the current rate, you could get 0.002487 CJPY for 1 LBP.
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 LBP calculator at the top of this page to convert any amount of CJPY to LBP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 LBP is equivalent to 0.01244 CJPY. Inversely, 5 CJPY will cost about LBP 2,010.38
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 BNBcat. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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Create a Coinbase account to buy and sell Convertible JPY Token on the most secure crypto exchange.
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