Convexity wrapped CBDC was created because of the believe that tech should be inclusive. When more people are included in new technologies, it spurs innovation, helps economies grow and expands choices for consumers.
Financial interoperability requires a stable price as means of value exchange. The first implementation is convexity eNaira(₡NGN) which is available on the Bantu network creates possibilities in payments, lending, investing, trading and trade finance.
Just like other stable coins, Convexity CNGN token works the in the same fashion, no suprise volatility.
As the CNGN is pegged 1:1 to fiat and Enaira, this makes it easier to swap to other cryptocurrency for holding or trade and vice-versa.
More benefits that come with CNGN is the ability to farm stake and mine the token on Defi as well as other popular exchange platform.
CNGN is available for trading on popular and well known exchanges and OTC for both marchant and individuals