Yamato Protocol
Overview
What is Yamato Protocol?
Yamato Protocol issues CJPY, a crypto-backed stablecoin pegged to the Japanese Yen.
How does Yamato Protocol work?
Users deposit ETH as collateral to mint CJPY. The protocol uses over-collateralization to maintain the JPY peg.
Who governs Yamato Protocol?
Yamato Protocol is developed by DeFiGeek Community Japan, a Japanese DAO.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.