Convergence Finance collaborates with the 1inch Network to bolster liquidity

Published on: 10.07.2021

Through this collaboration, 1inch will aggregate all the existing trading pairs on ConvX and all the assets that will be listed in the future.

This move will bring additional liquidity to the Convergence system. Tradable assets on ConvX will gain greater price discovery with the added liquidity from the 1inch aggregation.

the collaboration will broaden the availability of private and illiquid assets to all DeFi users, aligning with Convergence’s goal of democratizing private assets, making them available to the public.

About Convergence Finance

Convergence will be the first AMM to make private assets interchangeable in the DeFi space by fractionalizing them using a single easy-to-use interface and composable with other DeFi protocols. Convergence enables asset owners to take advantage of DeFi’s liquidity, while DeFi users can access exotic real-world assets 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 real-world asset exposure to all DeFi users.

About the 1inch Network

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space.

➡️Source:
https://medium.com/convergencefinance/convergence-finance-collaborates-with-the-1inch-network-to-bolster-liquidity-9a148042ecf8

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