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Summary of Convergence (CONV)
Key Points
- Convergence Finance aims to provide access to quality projects and IDO in a secure and compliant environment.
- CONV is a multi-chain protocol utility token on Ethereum and Moonbeam Network.
- Convergence Finance combines the edge of a lowered investment entry barrier with the liquidity, automation, and transparency features of DeFi.
- Oscar and Ivan Yeung are the co-founders of Convergence.
- CONV is currently listed on centralized exchanges like OKX, Gate.io, MXC, AscendEX(Bitmax), and available for swapping on decentralized exchanges like Uniswap and Convergence Swap AMM.
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About Convergence: Harmonizing Blockchain Innovation
Introducing Convergence (CONV): A Revolutionary Cryptocurrency
Convergence Finance is dedicated to providing access to premier projects and initial decentralized offerings (IDO) by fostering a robust decentralized finance (DeFi) ecosystem within a secure and compliant environment. This ecosystem is built upon the foundation of its native CONV tokens, facilitating seamless cross-chain compatibility to maximize liquidity across disparate blockchain networks. As a result, users can seamlessly interact with private-sale token projects and transact beyond the limitations of the ERC20 standard.
Convergence Finance pioneers the concept of private token interchangeability within the decentralized finance (DeFi) ecosystem, seamlessly fractionalizing them through a user-friendly interface that integrates effortlessly with other DeFi protocols.
Convergence Finance converges the benefits of a lowered investment entry threshold with the liquidity, automation, and transparency hallmarks of DeFi, thereby democratizing exclusive investment opportunities for all DeFi users.
CONV is a versatile, multi-chain protocol utility token, seamlessly bridging Ethereum and Moonbeam Network, and boasting a diverse range of utilities, including: * Unlocking premium launchpad subscription pools * Generating AMM pool staking rewards * Granting governance rights for the future protocol DAO * Serving as the foundational token for facilitating future cross-chain swaps
Unveiling the Unparalleled Convergence Advantage
Backed by a prestigious roster of institutional and individual investors, including Hashed, Alameda Research, OKX, Pantera, Divergence Ventures, and Kenetic, Convergence has garnered significant attention for its ambitious goal of democratizing investment by bridging the gap between private and public markets. Furthermore, Convergence facilitates seamless cross-chain compatibility, thereby maximizing liquidity across disparate blockchain ecosystems, allowing users to transcend the limitations of the Ethereum ERC20 standard.
Convergence Finance has expanded its product offerings beyond Ethereum, venturing into the Moonriver and Moonbeam ecosystem, thereby delivering an optimized cross-chain Automated Market Maker (AMM) and launchpad experience, characterized by swift confirmation and minimal transaction fees.
The Visionary Founders Behind Convergence
Oscar and Ivan Yeung are the visionary co-founders of Convergence. Oscar Yeung, a distinguished alumnus of NYU Stern, holds a degree in finance and international business. Following his academic pursuits, he embarked on a lucrative career in finance. In 2014, he assumed the role of a global markets analyst at the esteemed Deutsche Bank. Two years later, in 2016, Oscar Yeung pioneered KidHop, an innovative educational platform that leveraged cutting-edge technology to simplify the process of discovering diverse activities for parents seeking engaging experiences for their children. In 2021, Oscar collaborated with Ivan Yeung to co-found Convergence, marking the inception of a new era in their entrepreneurial journey.
Ivan Yeung, the co-founder of Convergence, holds a degree in computer science from Simon Fraser University. Following his graduation, he embarked on a stint as an information technology analyst at IBM, where he spent two years honing his skills. In 2018, he assumed the role of product development lead at Axon Driver Solutions. A year later, he joined Liquefy as a senior product manager. Since the inception of 2021, Ivan has been dedicated to driving Convergence forward, culminating in the protocol’s launch.
Acquiring Convergence (CONV): A Comprehensive Guide to Exchanges and Marketplaces
CONV is presently listed on prominent centralized exchanges, including
OKX
, Gate.io, MXC, and AscendEX (formerly Bitmax), among others. Additionally, CONV is available for swapping on decentralized exchanges, such as Uniswap on Ethereum and Convergence Swap AMM on both Ethereum and Moonbeam.
What Is the Circulating Supply of Convergence (CONV) Coins?
Convergence boasts a total token supply of 10 billion CONV tokens. The forthcoming initial coin offering (ICO) will see the release of approximately 60 million CONV tokens, representing a mere 0.6% of the total supply, available for public acquisition. Currently, Convergence (CONV) has a circulating token supply of 448 million tokens.
Out of the total token supply, a substantial 40% allocation will be channeled directly into the Convergence ecosystem. Furthermore, a 10% distribution will be reserved for esteemed members of the Convergence community. Strategic sales and liquidity guarantees will account for 20% of the CONV tokens. The founding team and advisors will receive 10% and 5% of the total token supply, respectively. Lastly, a 4% allocation has been designated for investors who participated in the seed sale for Convergence.