Convert Convertible JPY Token CJPY to Moldovan Leu MDL
CJPY to MDL: 1 Convertible JPY Token converts to MDL 0.09203 MDL as of October 21 at 5:46 PM
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About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is MDL 0.09203 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of MDL 19,568,315.94. The amount of Convertible JPY Token traded has fallen by -MDL 19,382.05 in the last 24 hours, which is a 41.47% decrease. Additionally, in the last day, MDL 46,733.83 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is MDL 0.09203 MDL. In other words, to buy 5 Convertible JPY Token, it would cost you MDL 0.46016 MDL. Inversely, MDL 1.00 MDL would allow you to trade for 10.87 CJPY while MDL 50.00 MDL would convert to 543.29 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.08%. Meanwhile, in the last 24 hours, the rate has changed by 0.77%, which means that the highest exchange rate of 1 CJPY to MDL was MDL 0.09249 MDL and the lowest 24 hour value was 1 CJPY for MDL 0.09105 MDL. Last month, 1 CJPY was worth MDL 0.09062 MDL. Today, it's down 0.88%. Looking back a year, Convertible JPY Token has changed by MDL 0.08923 MDL. That means that in a single year, the value of Convertible JPY Token has shrank by 2.33%.
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 MDL values from Today at 5:46 pm
0.5 CJPY = MDL 0.04602 MDL |
1 CJPY = MDL 0.09203 MDL |
5 CJPY = MDL 0.4602 MDL |
10 CJPY = MDL 0.9203 MDL |
50 CJPY = MDL 4.60 MDL |
100 CJPY = MDL 9.20 MDL |
500 CJPY = MDL 46.02 MDL |
1,000 CJPY = MDL 92.03 MDL |
MDL to CJPY values from Today at
MDL 0.50 MDL = 5.43 CJPY |
MDL 1.00 MDL = 10.87 CJPY |
MDL 5.00 MDL = 54.33 CJPY |
MDL 10.00 MDL = 108.66 CJPY |
MDL 50.00 MDL = 543.29 CJPY |
MDL 100.00 MDL = 1,086.57 CJPY |
MDL 500.00 MDL = 5,432.85 CJPY |
MDL 1,000.00 MDL = 10,865.71 CJPY |
CJPY to MDL over time
CJPY | Today | 24H 0.98% | 1M 1.54% | 1Y 3.05% |
|---|---|---|---|---|
0.5 CJPY | MDL 0.04602 MDL | MDL 0.04557 MDL | MDL 0.04531 MDL | MDL 0.04461 MDL |
1 CJPY | MDL 0.09203 MDL | MDL 0.09113 MDL | MDL 0.09062 MDL | MDL 0.08923 MDL |
5 CJPY | MDL 0.4602 MDL | MDL 0.4557 MDL | MDL 0.4531 MDL | MDL 0.4461 MDL |
10 CJPY | MDL 0.9203 MDL | MDL 0.9113 MDL | MDL 0.9062 MDL | MDL 0.8923 MDL |
50 CJPY | MDL 4.60 MDL | MDL 4.56 MDL | MDL 4.53 MDL | MDL 4.46 MDL |
100 CJPY | MDL 9.20 MDL | MDL 9.11 MDL | MDL 9.06 MDL | MDL 8.92 MDL |
500 CJPY | MDL 46.02 MDL | MDL 45.57 MDL | MDL 45.31 MDL | MDL 44.61 MDL |
1,000 CJPY | MDL 92.03 MDL | MDL 91.13 MDL | MDL 90.62 MDL | MDL 89.23 MDL |
Frequently asked questions
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