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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 $0.001127 USD with a 24-hour trading volume of not available. We update our CVG to USD price in real-time. Convergence has no change in the last 24 hours. The current CoinMarketCap ranking is #9384, with a live market cap of not available. The circulating supply is not available and a max. supply of 150,000,000 CVG coins.