Convergence Finance Partnership With 1inch Network
The Decentralized Interchangeable Asset Protocol, Convergence Finance was thrilled to share in public its collaboration with the world’s finest decentralized cryptocurrency aggregator 1inch Network. Under the collaboration, 1inch will aggregate all the existing trading pairs on ConvX and all the assets that will be listed in the future.
The partnership 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. Moreover, 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.
“The 1inch Network offers the market-leading DEX aggregation protocol. Convergence has already benefited from its aggregation, and the result is notable. In addition, we expect more DeFi users will get a chance to have an exposure on private and illiquid assets on Convergence via 1inch, as we have more of such assets ready to be listed on ConvX.”—Oscar Yeung, Co-Founder of Convergence Finance
This collaboration will also allow DeFi users to conveniently acquire and trade private and exotic assets under the Convergence — 1inch cooperation.
“Convergence Finance brings true innovation into the DeFi space by making real-world assets available to DeFi’s liquidity. We believe this collaboration will bring great value for both counterparts.”—Sergej Kunz, Co-founder of the 1inch Network
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 1inch Network
The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space.
RESOURCES
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