United Arab Emirates Dirham

Armenian Dram

Argentine Peso

Australian Dollar

Bosnia and Herzegovina Convertible Mark

Bitcoin Cash

Bangladeshi Taka

Bahraini Dinar

Bits

Bermudian Dollar

Binance Coin

Brazil Real

Bitcoin

Canadian Dollar

Swiss Franc

Chilean Peso

Chinese Yuan

Colombian Peso

Costa Rican Colón

Czech Koruna

Danish Krone

Dominican Peso

Polkadot

Ether

Euro

British Pound Sterling

Georgian Lari

Guatemalan Quetzal

Hong Kong Dollar

Honduran Lempira

Hungarian Forint

Indonesian Rupiah

Israeli New Shekel

Indian Rupee

Japanese Yen

Kenyan Shilling

South Korean Won

Kuwaiti Dinar

Lebanese Pound

Chainlink

Sri Lankan Rupee

Litecoin

Burmese Kyat

Mexican Peso

Malaysian Ringgit

Nigerian Naira

Norwegian Krone

New Zealand Dollar

Peruvian Sol

Philippine Peso

Pakistani Rupee

Polish Zloty

Romanian Leu

Russian Ruble

Saudi Riyal

Satoshi

Swedish Krona

Singapore Dollar

Solana

Salvadoran Colón

Thai Baht

Turkish Lira

New Taiwan Dollar

Ukrainian hryvnia

US Dollar

Venezuelan bolívar fuerte

Vietnamese đồng

Silver - Troy Ounce

Gold - Troy Ounce

IMF Special Drawing Rights

Lumens

Yearn.finance

South African Rand

Zambian Kwacha

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.



Convertible JPY Token

A list of the top {coinName} markets across all crypto exchanges based on the highest 24h trading volume, with their current price.

A list of the top {coinName} markets across all crypto exchanges based on the highest 24h trading volume, with their current price, filter the pair and see unconverted data.

{base} to {target} Conversion Table

{base} to {target} Price Chart

{name} Price Chart

{name} Historical Data

{name} ({symbol}) financial chart designed for detailed analysis , comparison and more.

{name} ({symbol}) Advanced chart | Coinz.com

{name} to {quoteName} converter - Easily convert {symbol} to {quote} with our free currency convertor

Convert {symbol} to {quote} - {name} to {quoteName} | Coinz.com

Find the latest {name} forecasts from all around the world on our {name} forecasts section.

{name} Forecasts | Coinz.com

View historical {name} price data going back to the start of the cryptocurrency in daily, weekly, or monthly intervals.

{name} ({symbol}) - Historical Data | Coinz.com

{name} ({symbol}) trading pairs across all cryptocurrency exchanges. Check out live rates, prices, and volumes on top crypto exchanges to trade.

{name} ({symbol}) Exchange Markets by Trading Volume | Coinz.com

Our {name} news section keeps you up-to-date with the latest and most relevant {symbol} news from around the world.

{name} ({symbol}) News | Coinz.com

Live {name} ({symbol}) Real-Time Price, Chart, key metrics, tools and more. All you need to know about {name}.

{name} ({symbol}) Price, Chart & Marketcap | Coinz.com

CJPY	USD
0.1	0.00053391794
1	0.00533917946
2	0.01067835892
5	0.02669589730
10	0.05339179461
20	0.10678358922
50	0.26695897306
100	0.53391794612
1000	5.34

USD	CJPY
0.1	18.73
1	187.29
2	374.59
5	936.47
10	1,872.95
20	3,745.89
50	9,364.73
100	18,729.47
1000	187,294.70

Convertible JPY Token Converter

CJPY to USD Price Chart

Price Performance

Price Performance

CJPY to USD Conversion Table

Popular Conversions