融合：彌合 CeFi 和 DeFi 之間的差距

Convergence是2021年推出的RWA項目，它充當CeFi和DeFi之間的橋樑，讓機構能夠獲取DeFi流動性，讓DeFi用戶能夠獲取現實世界的資產。該計畫由ConvO、ConvX、ConvPool和ConvDAO組成，共同促進籌款、DEX交易、流動性提供和社區治理。

Convergence: Bridging the Gap Between CeFi and DeFi

融合：彌合 CeFi 和 DeFi 之間的差距

Introduction

介紹

Convergence, a groundbreaking project in the realm of real-world assets (RWAs), emerged in 2021 with a mission to connect the centralized finance (CeFi) and decentralized finance (DeFi) ecosystems. By facilitating access to DeFi liquidity for capital-seeking institutions and enabling DeFi users to engage with real-world assets, Convergence has carved a unique niche in the blockchain landscape.

Convergence 是現實世界資產 (RWA) 領域的一個開創性項目，於 2021 年出現，其使命是連接中心化金融 (CeFi) 和去中心化金融 (DeFi) 生態系統。透過幫助尋求資本的機構獲得 DeFi 流動性，並使 DeFi 用戶能夠接觸現實世界的資產，Convergence 在區塊鏈領域佔據了獨特的地位。

The Convergence Ecosystem

融合生態系統

Central to Convergence's architecture are four interconnected components:

Convergence 架構的核心是四個相互關聯的元件：

1. ConvO: A Gateway to Private Sale Funding

1. ConvO：私募融資的門戶

ConvO serves as a launchpad for promising DeFi projects. It offers opportunities for seed funding and private sale participation, providing early investors with an exclusive advantage. Projects seeking listing on ConvO undergo rigorous due diligence by the Convergence team. Following internal assessments, CONV token holders cast their votes through the Asset Council to determine which projects qualify for ConvO's support.

ConvO 是有前景的 DeFi 專案的啟動平台。它提供了種子資金和私募參與的機會，為早期投資者提供了獨特的優勢。尋求在 ConvO 上市的專案要經過 Convergence 團隊嚴格的盡職調查。經過內部評估後，CONV 代幣持有者透過資產委員會進行投票，以確定哪些項目有資格獲得 ConvO 的支持。

2. ConvX: A Decentralized Exchange for Real-World Assets

2. ConvX：現實世界資產的去中心化交易所

ConvX, built on Ethereum and compatible with other EVM chains, functions as a decentralized exchange (DEX) for RWAs. Leveraging an automated market maker (AMM) mechanism, ConvX provides instant exchange rates with minimal slippage, drawing upon liquidity from ConvPool without the need for order books. Its advanced order routing capabilities aggregate liquidity from various sources to deliver optimal prices for traders.

ConvX 建構於以太坊之上，與其他 EVM 鏈相容，充當 RWA 的去中心化交易所 (DEX)。 ConvX 利用自動做市商 (AMM) 機制，提供即時匯率，滑點最小，利用 ConvPool 的流動性，無需訂單簿。其先進的訂單路由功能聚合來自各種來源的流動性，為交易者提供最佳價格。

3. ConvPool: A Decentralized Liquidity Pool for RWA Trading

3. ConvPool：RWA交易的去中心化流動性池

ConvPool, a decentralized liquidity pool, ensures ample liquidity for assets listed on ConvX. Employing the AMM mechanism, ConvPool establishes real-time exchange rates for users. By contributing to ConvPool, users earn LP tokens representing their share of the liquidity pool.

ConvPool是一個去中心化的流動性池，確保ConvX上列出的資產擁有充足的流動性。 ConvPool利用AMM機制，為使用者建立即時匯率。透過向 ConvPool 做出貢獻，用戶可以獲得代表其在流動性池中的份額的 LP 代幣。

4. ConvDAO: Decentralized Governance and Decision-Making

4. ConvDAO：去中心化治理與決策

ConvDAO, the decentralized autonomous organization (DAO) governing Convergence, empowers the community to participate in the protocol's evolution and management. Composed of CONV token holders, ConvDAO's members exercise their collective authority through voting on system parameter adjustments, asset proposals, and new feature additions to the Convergence protocol.

ConvDAO 是管理 Convergence 的去中心化自治組織 (DAO)，它使社區能夠參與協議的演變和管理。 ConvDAO 的成員由 CONV 代幣持有者組成，透過對系統參數調整、資產提案和 Convergence 協議的新功能添加進行投票來行使集體權力。

CONV Token: Fueling the Convergence Ecosystem

CONV 代幣：推動融合生態系統

The CONV token, built on the Ethereum blockchain under the ERC-20 standard, serves as both a utility and governance token within the Convergence ecosystem. Its primary functions include:

CONV 代幣根據 ERC-20 標準建構在以太坊區塊鏈上，在 Convergence 生態系統中充當實用代幣和治理代幣。其主要職能包括：

• Staking for enhanced protocol utilization privileges
• Liquidity provision for reward generation
• Participation in governance voting

Tokenomics and Distribution

質押以增強協議使用權限提供流動性以產生獎勵參與治理投票代幣經濟學和分配

The CONV token supply is capped at 10 billion, with a circulating supply of approximately 2 billion. The initial token allocation included provisions for reserves (10%), community (10%), ecosystem (40%), seed funding (4%), strategic investors (10.4%), public sale (0.6%), team (10%), advisors (5%), and liquidity (10%).

CONV代幣供應量上限為100億個，流通量約20億個。初始代幣分配包括儲備金（10%）、社區（10%）、生態系統（40%）、種子資金（4%）、策略投資者（10.4%）、公開發售（0.6%）、團隊（10 %） ）、顧問（5%）和流動性（10%）。

Investment and Partnerships

投資與合作

Convergence has secured notable investments from renowned funds, including Hashed, CMS Holdings, Morningstar Ventures, and NGC Ventures, amounting to a total of $2 million. These strategic partnerships provide valuable support and credibility to the project.

Convergence 已獲得 Hashed、CMS Holdings、Morningstar Ventures 和 NGC Ventures 等知名基金的大量投資，總額達 200 萬美元。這些策略合作夥伴關係為該專案提供了寶貴的支持和信譽。

Challenges and Considerations

挑戰和考慮因素

While Convergence presents innovative solutions for bridging CeFi and DeFi, its relative lack of investor attention compared to established RWA projects like Ondo and Clearpool is noteworthy. Additionally, the project has recently exhibited signs of reduced activity, with declining TVL and a hiatus in new product releases.

雖然 Convergence 提供了連接 CeFi 和 DeFi 的創新解決方案，但與 Ondo 和 Clearpool 等成熟的 RWA 專案相比，它相對缺乏投資者的關注，這一點值得注意。此外，該專案最近表現出活動減少的跡象，TVL 下降，新產品發布中斷。

Conclusion

結論

Convergence's mission to foster interoperability between DeFi and CeFi, combined with its robust ecosystem and experienced investors, positions it as a potentially transformative player in the RWA market. However, it is crucial to acknowledge the challenges and ongoing developments associated with the project. As with any investment decision, thorough research and due diligence are highly recommended to assess its suitability for individual portfolios.

Convergence 的使命是促進 DeFi 和 CeFi 之間的互通性，結合其強大的生態系統和經驗豐富的投資者，使其成為 RWA 市場中潛在的變革性參與者。然而，承認與該專案相關的挑戰和持續發展至關重要。與任何投資決策一樣，強烈建議進行徹底的研究和盡職調查，以評估其對個別投資組合的適用性。