Overview
Converge is the growth opportunity for DeFi.
Last updated
Converge is the growth opportunity for DeFi.
Last updated
Accelera is a next-generation collateralised debt position (CDP) protocol on Converge, offering borrowers superior strategy composability with user-set interest rates, instant stablecoin liquidity, efficient leverage and native rewards. Our growth opportunities lies in enabling fixed-rate and permissionless stablecoin borrowing for both crypto and institutional RWA assets. Both Ethena and Securitize are driving a central hub on Converge that will allow global capital to participate in DeFi.
A seamless CDP architecture for fixed-rate borrowing:
Unlocks strategies that are more profitable and predictable, by enabling fixed user-set interest rates that are not subject to variability from governance or utilisation parameters.
Enables instant stablecoin liquidity through USDx to provide highly efficient leverage and additional rewards from a basket of crypto assets like sUSDe, WETH, BTC, Pendle PTs and institutional RWA collaterals.
Professional risk managers will offer curated strategies, managing rates and deleveraging positions at risk of liquidation or within preset profitability ranges to provide a best-in-class user experience.
Stability Pools will operate as the primary mechanism to liquidate loans, and enable yield amplification for USDx lenders that is driven by interest rate revenue, liquidation rewards and incentives from the most expansive borrowing market on Converge.
USDx holders will find significant composability through enhanced reward opportunities across the entire Converge ecosystem.