CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

Convergence Finance Now Supports Swap And Liquidity Pools On Moonbeam Network

Published on:

Convergence Finance now support Swap and Liquidity Pools that is deployed on Moonbeam, first Ethereum-compatible smart contract parachain on Polkadot.

Convergence aims to democratize investment by making private markets public and enable cross-chain compatibility to maximize liquidity across different chains so users can transact beyond the Ethereum ERC20 standard.

Convergence Finance is now supporting both Ethereum and Moonbeam Network with Swap AMM and Liquidity Pools and we will be gradually supporting all of our product suites on Moonbeam Network as well.

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.

About Moonbeam

Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. As a parachain on the Polkadot network, Moonbeam will benefit from the shared security of the Polkadot relay chain and integrations with other chains that are connected to Polkadot.

➡️Source:
https://medium.com/convergencefinance/convergence-finance-now-supports-swap-and-liquidity-pools-on-moonbeam-network-83527be98ef

Related

Stay Up to Date with Us

Market Stats:
BTC Dominance: 39.56%(-0.14%/24h)
ETH Dominance: 17.22%(-0.16%/24h)
Defi Market Cap: $0B(-27.42%/24h)
Total Market Cap: $933.25B(-2.05%/24h)
Total Trading Volume 24h: $42.95B(-41.81%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $564.04B
Altcoin Volume 24h: $20.18B
Total Cryptocurrencies: 21160
Active Cryptocurrencies: 9489
Active Market Pairs: 59096
Active Exchanges: 526
Total Exchanges: 3704