### What is Convergence?

Convergence Finance is a decentralised, interchangeable asset protocol that aims to integrate traditional finance with decentralised finance (DeFi). It achieves this by making private assets interchangeable in the DeFi space through fractionalisation.

### How does Convergence work?

Convergence operates on the Ethereum and Moonbeam networks, using EVM-compatible solutions to address issues such as low throughput and high fees. It includes a token wrapping module, Automated Market Maker (AMM) infrastructure, liquidity pools, and a Decentralised Autonomous Organisation (DAO) for governance. These components help in tokenising private assets, facilitating their trade, and governing the protocol.

### What are the potential use cases for Convergence?

Potential use cases for Convergence include enabling the fractionalisation of private assets for DeFi access, providing cross-chain compatibility to enhance liquidity, and implementing DAO governance for decentralised decision-making. It could be used in financial services for blended finance, asset fractionalisation, and cross-chain transactions.

### What is the history of Convergence?

While specific historical details about Convergence Finance aren't provided, the broader concept of convergence in finance includes integrating blockchain and DeFi technologies into traditional financial systems. Convergence Finance aims to bridge the gap between traditional finance and DeFi, though detailed milestones and team information were not specified in the sources provided.

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