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.