Spotted $CVGT moving on Kaito yaps (+76% in 24h), so I dug deeper and this is real @convergent_so
im so excited today ETH went up so much, i wanna talk about prices too
Convergent is building what every chain needs but rarely gets:
A decentralized, yield-powered stablecoin system
Here’s why I’m watching closely:
MCAP: $3.1M
24H Volume: $3.0M
Liquidity: $200K (locked)
Token: $CVGT — no presale, no VC, no seed unlocks
Chain: Solana, integrated with Jito, Pyth, Orca, Streamflow
Stablecoins are still dominated by USDC/USDT on Solana, and are the most popular and in terms of most stable coins the safest...
Convergent changes that:
1) Mint $USV at 0% interest using $SOL → staked into $JitoSOL.
2) You earn MEV yield while borrowing
Farming early while yields and friction are high.
and they also partnered up with Tophat too the auto social reply bot on solana tooo
What I see, is that this MAYBE be the next MakerDAO of Solana, but with actual user yield and no reliance on USDC.
If you’re bullish on Solana DeFi, and want in before the TVL bots show up, I would take a closer look at this and I am watching closely on this one here
this is the time maybe. NFA!
1/ What exactly is The Nexus in the Convergent Ecosystem?
By depositing USV into the Nexus, you earn liquidation gains (in JitoSOL) plus $CVGT token emissions. Here’s how it all comes together ↓
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