Announcing our Official Liquidity Rewards Program!
Following our successful IDO launch, Convergence Finance is pleased to announce our liquidity rewards program, launching on the Sunday 4th April. The initial liquidity rewards program will run for one month, designed to incentivise early CONV supporters that are waiting for our mainnet launch.
In the first phase, a total of 48,384,000 CONV will be distributed to the CONV / ETH and CONV / USDT liquidity providers in the Uniswap pools. This represents 12,096,000 CONV tokens will be distributed per week as staking rewards along with 100–500% APY in rewards. The actual rewards may differ and early stakers will earn much higher APY as the rewards per block is fixed. This place Convergence as one of the highest yielding tokens in the DeFi spaces.
Reward / Distribution Rules:
- Staking rewards are calculated in proportion to your deposited Uniswap liquidity
- Total reward estimation is 48,384,000 CONV, with about 12,096,000 CONV to be distributed each each
- Allocation tokens will be locked upon ConvX launch
- LP tokens can be unstaked anytime one week ahead of ConvX launch
More details of how to stake the LP tokens will be provided before the launch of the Liquidity Rewards program on the 4th. Stay tuned for more updates.
Please ensure you check the contract address to avoid any scams: 0xc834fa996fa3bec7aad3693af486ae53d8aa8b50
Official CONV / ETH Uniswap Pool: https://app.uniswap.org/#/add/ETH/0xc834Fa996fA3BeC7aAD3693af486ae53D8aA8B50
Official CONV / USDT Uniswap Pool:
About Convergence Finance
Convergence is the first AMM to make private token interchangeable in the DeFi space by fractionalizing them using a single easy-to-use interface and composable with other DeFi protocols. Convergence enables originators to take advantage of DeFi’s liquidity, while DeFi users can access exotic private exposure unavailable to them before. Convergence Finance combines the edge of a lowered investment entry barrier with the liquidity, automation, and transparency features of DeFi to bring exclusive investment exposure to all DeFi users.