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Convergent

Convergent CVGT 

Blockchain Service

Status

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Token

+2

Description

Convergent is a Solana-based DeFi platform offering LSD-backed stablecoin USV.

Additional Data

Max Supply

CVGT 999,999,909

Total Supply

CVGT 999,999,909

What is Convergent?

Convergent is a decentralized finance (DeFi) protocol operating on the Solana blockchain, focused on maximizing yield opportunities through the integration of liquid staking derivatives (LSDs). Its primary offering is USV, a stablecoin backed by LSDs like JitoSOL, allowing users to earn staking rewards and MEV (Maximal Extractable Value) yields while maintaining liquidity. Users can mint USV by collateralizing SOL with a minimum of 110%, enabling them to leverage their assets without sacrificing staking benefits.

The platform's architecture supports a modular ecosystem of DeFi applications, including NFTs and point-based reward systems, aiming to enhance user engagement and financial efficiency within the Solana network. The protocol is designed to provide a seamless experience for users seeking to optimize their Solana-based assets through innovative DeFi solutions.

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