Safe & secure Convertible JPY Token wallet

Take control of your Convertible JPY Token assets with complete confidence in the Trezor ecosystem.

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Use with compatible hot wallets
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Screenshot of Convertible JPY Token wallet interface in Trezor Suite - showing full integration and support

Send & receive your Convertible JPY Token with the Trezor Suite app

Send & receive

Easily move your Convertible JPY Token from any wallet or exchange to your Trezor hardware wallet.

Trezor hardware wallets that support Convertible JPY Token

Sync your Trezor with wallet apps

Manage your Convertible JPY Token with your Trezor hardware wallet synced with several wallet apps.

Trezor Suite
MetaMask
Rabby

Supported Convertible JPY Token Network

Ethereum

Why a hardware wallet?

Go offline with Trezor

You own 100% of your coins
Your wallet is 100% safe offline
Your data is 100% anonymous
Your coins aren’t tied to any company

Online exchanges

If an exchange fails, you lose your coins
Exchanges are targets for hackers
Your personal data may be exposed
You don’t truly own your coins

How to CJPY on Trezor

Connect your Trezor

Connect your Trezor hardware wallet to your computer or mobile device and follow the setup steps.

Open a third-party wallet app

Go to trezor.io/coins to find a compatible wallet app for your coin or token. Download, open, and follow the steps to connect your Trezor.

Manage your assets

After pairing your Trezor with the wallet app, manage your crypto securely. Your Trezor is used to confirm every important transaction.

Make the most of your CJPY

Sit back and relax—your assets are safe & secure. Your Trezor hardware wallet offers unparalleled protection for your crypto.

Trezor keeps your CJPY secure

Protected by Secure Element
The best defense against both online and offline threats
Your tokens, your control
Absolute control of every transaction with on-device confirmation
Security starts with open-source
Transparent wallet design makes your Trezor better and safer
Clear & simple wallet backup
Recover access to your digital assets with a new backup standard
Confidence from day one
Packaging & device security seals protect your Trezor’s integrity

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:

High Collateral Factor: The protocol permits a minimum health rate of 130%, ensuring efficient use of collateral.
Absence of Accrued Interest: Users are subject solely to a one-time issuance fee upon generating CJPY.
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.
Redemption by protocol: Accrued CJPY fees on protocol can be used to redeem debt position under threshold.
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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