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Convergence - Undisclosed
Overzicht
Financieringsdatum
January 11, 2024
Financieringsbedrag
$1.8M
Waardering
--
Categorie
Over Convergence - Undisclosed
Investeerders
Investeerders | Type | Locatie | Jaar Opgericht | #Portfolio Bedrijven | E-mailadres | Sociale Media |
---|---|---|---|---|---|---|
Corporate | Unknown | -- | 4 | -- | ||
Fund | Unknown | 2023 | 13 | press@dewhalescapital.com |
Bedrijfsprofiel / Project Introductie
Convergence is an agnostic Convex-like layer that will be deployed on top of various DeFi protocols, starting with Stake DAO. To accumulate governance rights over these protocols while optimizing their underlying yield, Convergence mixes various mechanisms (gauges, staked assets tokenization, and bonding) from 3 different protocols: Curve, Convex, and OlympusDAO. As Convergence's purpose is to act as a governance black hole as well as a liquidity-providing incentivizer, the aggregation strategy will be focused on liquidity protocols first.