CVG

Convergence price 
CVG

$0.2127  

4.16% (1d)

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Convergence statistics
Market cap
 

0.00%

$193,980
#6186
Volume (24h)
 

0.00%

$1,108
#5746
Volume/Market cap (24h)
 
0.57%
Self-reported circulating supply
 
912,040 CVG
0.61%
Total supply
 
42,058,866 CVG
Max. supply
 
150,000,000 CVG
Fully diluted market cap
 
$31,903,233
CVG to USD Converter
CVG
USD
Price performance
24h 
Low
$0.2122
High
$0.2219
All-time high
Mar 09, 2024 (2 months ago)
$1.09
-80.52%
All-time low
Apr 16, 2024 (17 days ago)
$0.2001
+6.32%
See historical data
Popularity
In watchlists79x
9650th / 9.9K
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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.