Convert Convertible JPY Token CJPY to Singapore Dollar SGD
CJPY to SGD: 1 Convertible JPY Token converts to S$0.0081 SGD as of July 17 at 3:11 PM
About Convertible JPY Token
Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is S$0.0081 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of S$1,722,370.94. The amount of Convertible JPY Token traded has fallen by S$-34,798.72 in the last 24 hours, which is a 100.00% decrease. Additionally, in the last day, S$34,798.72 worth of CJPY has been traded.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is S$0.0081 SGD. In other words, to buy 5 Convertible JPY Token, it would cost you S$0.0404 SGD. Inversely, S$1.00 SGD would allow you to trade for 123.68 CJPY while S$50.00 SGD would convert to 6,184.19 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.13%. Meanwhile, in the last 24 hours, the rate has changed by 1.02%, and that the highest exchange rate of 1 CJPY to SGD was S$0.0081 SGD and the lowest 24 hour value was 1 CJPY for S$0.0080 SGD. Last month, 1 CJPY was worth S$0.0077 SGD. Today, it's up 4.23%. Looking back a year, Convertible JPY Token has changed by S$0.0076 SGD. That means that in a single year, the value of Convertible JPY Token has grown by 11.06%.
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.
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Conversion tables
CJPY to SGD values from Today at 3:11 pm
0.5 CJPY = S$0.0040 SGD |
1 CJPY = S$0.0081 SGD |
5 CJPY = S$0.0404 SGD |
10 CJPY = S$0.0809 SGD |
50 CJPY = S$0.40 SGD |
100 CJPY = S$0.81 SGD |
500 CJPY = S$4.04 SGD |
1,000 CJPY = S$8.09 SGD |
SGD to CJPY values from Today at 3:12 pm
S$0.50 SGD = 61.84 CJPY |
S$1.00 SGD = 123.68 CJPY |
S$5.00 SGD = 618.42 CJPY |
S$10.00 SGD = 1,236.84 CJPY |
S$50.00 SGD = 6,184.19 CJPY |
S$100.00 SGD = 12,368.38 CJPY |
S$500.00 SGD = 61,841.89 CJPY |
S$1,000.00 SGD = 123,683.77 CJPY |
CJPY to SGD over time
CJPY | Today | 24H | 1M | 1Y |
|---|---|---|---|---|
0.5 CJPY | S$0.0040 SGD | S$0.0040 SGD | S$0.0039 SGD | S$0.0038 SGD |
1 CJPY | S$0.0081 SGD | S$0.0080 SGD | S$0.0077 SGD | S$0.0076 SGD |
5 CJPY | S$0.0404 SGD | S$0.0400 SGD | S$0.0387 SGD | S$0.0380 SGD |
10 CJPY | S$0.0809 SGD | S$0.0799 SGD | S$0.0774 SGD | S$0.0761 SGD |
50 CJPY | S$0.40 SGD | S$0.40 SGD | S$0.39 SGD | S$0.38 SGD |
100 CJPY | S$0.81 SGD | S$0.80 SGD | S$0.77 SGD | S$0.76 SGD |
500 CJPY | S$4.04 SGD | S$4.00 SGD | S$3.87 SGD | S$3.80 SGD |
1,000 CJPY | S$8.09 SGD | S$7.99 SGD | S$7.74 SGD | S$7.61 SGD |
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Buy Convertible JPY Token with Coinbase Wallet
Create a Coinbase account to buy and sell Convertible JPY Token on the most secure crypto exchange.
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