Convergence Finance Now on Mainnet!
To our community, partners and investors,
We’re extremely proud, excited, and grateful to finally share with everyone the mainnet launch of ConvX and ConvPool. These two product shoots cover our AMM exchange, liquidity provision, and staking functionalities in the Convergence Finance protocol.
Give it a go yourself here: https://convx.conv.finance/
Things have been moving rapidly both on the product and business side over the past couple of weeks, thanks to the immense support so far. As a refresher, here the following:
- Summary of our Convergence Finance product shoot
- Testnet and step-by-step guide to ConvX
- Testnet and step-by-step guide ConvPool
Our vision is to decentralize and democratize previously inaccessible investment opportunities and real-world asset exposure while creating a trading experience that is cheaper, faster, and safer for our DeFi users. In addition to our official Moonbeam integration and various partnerships with community ecosystem builders, code audit firms and various business partners, we’ve incredibly proud to share the mainnet launch of ConvX and ConvPool.
Upon launch, there are several improvements and new features from testnet, such as:
Following our bug bounty program, we’ve tweaked some bugs. Most of them are UI issues and thank you to everyone who took part in our bug bounty. Rewards distributions are coming soon!
- Improved data retrieval and enhancement
Since testnet, our tech team has enhanced responsiveness for a better user experience alongside improvements in UI for a smoother, more intuitive user experience.
- Record of failed transactions
Previously, some community members mentioned that failed transactions would not show on transaction history, and would love to have that feature on the transaction log. We’ve put that into consideration, so transaction history reflects all transactions fully.
- TradingView integration on ConvX
For an enhanced, more accurate, and technical UI for our traders looking to trade on ConvX.
Staking reward is still part of our key feature to incentivize and reward early liquidity providers at Convergence. The staking reward will now be visible on ConvPool to continue incentivizing liquidity provision of CONV/ ETH , CONV/ USDT, with an addition of ETH/ USD pairing also being rewarded. The design to create a liquidity pool where new assets can be freely traded with popular trading pairs bridged to Conv and other offerings on Convergence.
All in all, try it out and celebrate with us! We’re incredibly proud of the team — but this is just the beginning of it all. We’ve still got ConvO and the transition to the ConvDAO ahead of us. For now, we’d like to take a breath and thank everyone for their support.
If you haven’t already, check out our Telegram and our newly launched Discord channel for all our official community updates.
Onwards and upwards!
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.