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Convergence news
About Convergence
One could describe Convergence as a “decentralized governance hedge fund” as well as a “sus- tainable liquidity providing incentivizer”, built on top of DeFi2.0 protocols.
Like Convex, which is accumulating governance rights over Curve, Convergence is built to participate in various protocols governance, while optimizing their underlying yields. To fullfill this objective, different mechanisms are implemented to incentivize user’s participation to governance of both Convergence and underlying protocols.
A governance token ($CVG) will be implemented to ensure the functioning of the protocol, which will be, eventually, run as a DAO. Moreover, yields generated by Convergence, being generated either by internal or external growth, will be redistributed to stakeholders (governance participants) as dividends.
The live Convergence price today is $0.212688 USD with a 24-hour trading volume of $1,108.46 USD. We update our CVG to USD price in real-time. Convergence is down 4.16% in the last 24 hours. The current CoinMarketCap ranking is #6186, with a live market cap of not available. The circulating supply is not available and a max. supply of 150,000,000 CVG coins.
If you would like to know where to buy Convergence at the current rate, the top cryptocurrency exchange for trading in Convergence stock is currently Curve (Ethereum). You can find others listed on our crypto exchanges page.