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Convergence Price (CVG)
-200% Bonus150,000,000 CVG
150,000,000 CVG
Convergence CVG Convergence (CVG) Chart
Convergence (CVG) Return On Investment(ROI)
What Is Convergence(CVG)?
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 (Convergence governance token ($CVG)) will be implemented to ensure the functioning of the protocol, which will be, eventually, run as a DAO1 . Moreover, yields generated by Convergence, being generated either by internal or external growth, will be redistributed to stakeholders (governance participants) as dividends.
How Does Convergence Work?
The goal of Convergence is to accumulate governance over underlying protocols and incentivize user's participation. Convergence mixes various mechanisms (gauges, staked assets tokenisation and bonding) from 3 different protocols : Curve, Convex and OlympusDAO. Convergence's initial purpose is to accumulate governance over Tokemak, as we consider it as our main substrate protocol. If one considers Convex as an L2 on top of Curve, Convergence should be considered as an L2 on top of Tokemak which will:
- acquire governance over Tokemak by tokenizing staked/voted $TOKE,
- optimize rewards for Tokemak's liquidity providers,
- optimize rewards for Tokemak's liquidity directors.
Convergence (CVG) Community
Convergence FAQ
What is the price of Convergence (CVG) token?
CoinCarp does not currently have price data for Convergence as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Convergence is live on an exchange, CoinCarp will provide real-time Convergence (CVG) token prices from different exchanges.
Is Convergence (CVG) token a good investment?
It depends on your personal risk tolerance and investment goals. Convergence is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Convergence investing, you will also need to understand the Convergence project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy Convergence (CVG) token token?
CoinCarp's tracking data suggests that the Convergence is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase Convergence from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for Convergence.
How to short Convergence (CVG) token?
According to CoinCarp's tracking data, no crypto exchange yet supports Convergence contracts or ETF trading. so you can't short Convergence
What will Convergence (CVG) token be worth in 5 years?
It is impossible to predict what Convergence will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Convergence's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Convergence 5 years from now.
CVG Price Statistics
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