Convergence Finance — a bridge to bring the new world closer together. It allows institutional and retail investors to move seamlessly between authorized open private tokens and DeFi open positions in cryptocurrencies and utility tokens.
Convergence — the first AMM that makes private tokens fungible in the DeFi space. It separates them with a single, easy-to-use interface and combines them with other DeFi protocols. Convergence allows originators to take advantage of DeFi's liquidity, while DeFi users can access exotic private disclosures, not previously available to them.
Convergence Finance has partnered with 1inch Network. It is a leading provider of DEX aggregation and liquidity solutions to expand asset availability on ConvX Convergence. As part of the collaboration, 1inch will merge all existing trading pairs on ConvX and all assets that will be listed in the future.
This move will bring additional liquidity to the Convergence system. Traded assets on ConvX will get a better price discovery thanks to the extra liquidity from 1inch. Moreover, this collaboration will expand the availability of private and illiquid assets to all DeFi users. Which is in line with Convergence's goal of democratizing private assets and making them available to the public.
Reviews (0)