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kopcho committed Nov 22, 2023
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Convex: *Pioneering a Descentralised Engine for Open Economic Systems!*
*Convex is pioneering a decentralized engine for Open Economic Systems!*

Empowering visionaries, builders, and dreamers with a platform that inspires new and innovative economic models to emerge

At it's core, Convex is a new kind of foundational technology for building an internet of value designed to enable open economic systems.
At it's core, Convex is a new foundational technology for building an internet of value designed to enable open economic systems.

Throughout history, people have thrived by exchanging goods and services to fulfill their needs. From bustling marketplaces to intricate legal systems, the evolution of value exchange has shaped our communities.
Throughout history, people have thrived by exchanging goods and services to fulfill their needs. From bustling marketplaces to intricate legal systems, evolving value exchange has shaped our communities.

In today's dynamic world, our assets are digitized, but the tools for exchanging value often lag behind:
In today's dynamic world, we’re digitising our assets, but the tools for exchanging value often lag behind:

- Traditional contracts are pricey and cumbersome, involving legions of lawyers and extensive legal hoops.
- Payments navigate through centralized financial giants, bearing hefty processing costs.
- Fiat currencies are issued at the discretion of national governments, posing risks like inflation and custody concerns.
- Economic systems face significant risks, demanding meticulous due diligence and complicating value exchange.
- Payments navigate through centralised financial giants, bearing hefty processing costs.
- Issuing fiat currencies is at the discretion of national governments, posing risks like inflation and custody concerns.
- Significant risks in economic systems demand meticulous due diligence and complicate value exchange.
- Barriers and costs exclude many from the financial system.

But here's the rallying call: *We can do better!*

Convex doesn't just innovate; it transforms. It lays the groundwork for a seamless digital value exchange—a complete overhaul designed for today's needs. It's not just a tweak; it's a revolution, ushering in efficient, transparent, and fair open economic systems in the digital age.
Convex transforms the infrastructure for seamlessly transacting digital value—a comprehensive redesign for todays needs, ushering in efficient, transparent, and fair, open economic systems for the digital era.

Join us in shaping a future where value exchange is effortless, transparent, and accessible to all.

Convex: *Pioneering a Decentralised Engine for Open Economic Systems!*
*Convex is pioneering a decentralized engine for Open Economic Systems!*


## Our Values

Our mission is to enable open economic systems by building the foundation for an internet of value in the same spirit as the original Internet. We believe in the following:
Our mission is to enable open economic systems by building the foundation for an internet of value in the same spirit as the original Internet. We believe in:

- Decentralised operations
- Simple, stable, foundational protocols (consistent with the "end-to-end principle")
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Experience boundless creativity with Convex! Break free from limitations as Convex empowers you to create a diverse array of digital assets and applications, supporting open economic systems. Discover the full programmability and 'Turing Completeness' of Convex smart contracts, enabling you to build anything your imagination desires.

Utilizing Convex is also free and open to use. Thus, building with it does not require permission from anyone. Simply do it.
Using Convex is also free and open to all. Thus, building with it does not require permission from anyone. Simply do it.

Here are some examples:

Expand All @@ -61,40 +61,40 @@ We're experiencing a wave of exciting projects harnessing Convex to prototype gr

## What We're Bringing to Life

**Global Database**: Imagine a consistent, replicated database that flawlessly keeps track of all circulating assets and public data crucial to facilitate atomic transactions. It's not just scalable; it's designed to handle internet-scale usage, like processing VISA-level transaction volumes.
**Global Database**: Imagine a consistent, replicated database that flawlessly keeps track of all circulating assets and public data crucial to facilitating atomic transactions. It's not just scalable; it's designed to handle internet-scale usage, like processing VISA-level transaction volumes.

**Consensus Algorithm**: Picture an algorithm that verifiably ensures everyone agrees on who owns what and uniquely and reliably executes contracts. This solves the notorious "double-spend" problem, making ownership and transactions rock-solid across the network.

**Convex Coin**: Meet the Convex Coin—your ticket to using the network. Just like Bitcoin, it has a *limited supply* guaranteed by the protocol. It's the native currency; it's what you use to power up the network, covering transaction fees and peer staking.
**Convex Coin**: Meet the Convex Coin—your ticket to using the network. It has a *limited supply* that the protocol guarantees, just like Bitcoin. It's the native currency; it's what you use to power up the network, covering transaction fees and peer staking.

**Secure Ownership**: We have secure cryptographic techniques in place to make sure your assets are yours and yours alone. Your control is locked in, accessible only through transactions signed with a specific private key.
**Secure Ownership**: We have secure cryptographic techniques in place to make sure your assets are yours and yours alone. They lock in your control, accessible only through transactions signed with a specific private key.

**Trusted Execution**: Think of it as a smart, execution platform—the Convex Virtual Machine (CVM). It ensures deterministic, programmable, and verifiable smart contracts are reliable and can be trusted. It enforces the terms and conditions of value exchange precisely.
**Trusted Execution**: Think of it as a smart execution platform—the Convex Virtual Machine (CVM). It ensures deterministic, programmable, and verifiable smart contracts are reliable and can be trusted. It precisely enforces the terms and conditions of value exchange.

**Autonomous Actors**: Meet the digital game-changers—self-operating, "unstoppable" economic agents. They play important roles in the digital economy, perhaps even operating like virtual companies in their own right.

**Core Libraries**: We're handing developers a toolkit—open-source libraries designed for building robust decentralised apps with Convex. It includes crucial *open economic system* features like fungible tokens, trust monitors, and reusable smart contract capabilities you’d expect for internet of value transactions.

**Public Utility Network** A decentralised, public, permissionless network that anyone can access to transact without censorship or centralised gatekeepers.

**Already in Action:** This isn't just talk. We have all this working in our test networks. Next we launch a proto-net, and after some public fine-tuning, we're gearing up for the big launch of the main network. Exciting times ahead!
**Already in Action:** This isn’t idle talk. We have all this working on our test networks. Next, we launch a protonet, and after some public fine-tuning, we're gearing up for the big launch of the main network. Exciting times ahead!


## Empowering Governance for All

In the vast realm of the open economic systems, it's not just about delivering technology—it's about embracing good governance.
In the vast realm of open economic systems, it's not only about delivering technology—it's about embracing good governance.

**Shared Public Utility:** Convex isn't just for tech enthusiasts; it's a shared public utility open to everyone. We're not just building a network; we're building a community. This requires mechanisms that ensure the network is **governed effectively and efficiently** now and in the future.
**Shared Public Utility:** Convex isn't just for tech enthusiasts; it's a shared public utility open to everyone. We're not simply building a network; we're building a community. This requires mechanisms that ensure the network is governed effectively and efficiently now and in the future.

**The Convex Foundation:** Meet the driving force behind the scenes—the Convex Foundation. They're not just responsible for building and managing the Convex public network; they're the architects of a system that benefits everyone involved.

**No Room for Forks:** In our world, forks are a no-go. Why? Because they cause chaos for users, muddy the waters on asset holdings, and fracture open economic systems. We're steering clear of a fragmented future.

**Value Preservation:** Forget about forks destroying value. We're focused on unity, not division. By avoiding forks, we're keeping the market whole and transactions smooth.

**Beyond Politics:** Our goal is to minimize unnecessary political drama. Convex is about progress, not distractions. We're building a future where technical improvements are evaluated on their merits and embraced responsibly.
**Beyond Politics:** Our goal is to minimize unnecessary political drama. Convex is about progress, not distractions. Were building a future where we evaluate technical improvements on their merits and embrace them responsibly.

**Evolving Governance:** The Foundation kickstarts the governance journey, led by the founding team. As we grow, key ecosystem stakeholders will be invited to take appropriate governance roles. Our endgame? Decentralized governance, co-owned by everyone in the ecosystem. While we won't set a fixed date, our aspiration is full decentralization around **5 years** into the main network's successful operation.
**Evolving Governance:** The founding team leads the Foundation as it begins the governance journey. As we grow, we will invite key ecosystem stakeholders to take on governance roles. Our endgame? Decentralized governance is co-owned by everyone in the ecosystem. While we won't set a fixed date, our aspiration is full decentralization around **5 years** into the main network's successful operation.

**On-Lattice Empowerment:** We understand "on-lattice governance" mechanisms are still unproven, but we're open to adopt on-lattice governance mechanisms where practical. Yet, we realise there might be times when off-lattice governance is still a necessity.

Expand Down Expand Up @@ -128,15 +128,15 @@ In the world of Convex, design isn't just lines of code; it's a positive force,

**Our Commitment:** We're not just building tech; we're building a movement. Here's what we promise:

- **Participation Pioneers:** Dive into the development of Convex with us! Whether it's through open-source wizardry or bounty programs, we want you to shape the future alongside us.
- **Participation Pioneers:** Dive in and develop Convex with us! Whether it's through open-source wizardry or bounty programs, we want you to shape the future alongside us.

- **Investing in Tomorrow:** Where it makes sense, we're not just bystanders; we're investors. We're creating the essential infrastructure and standards that make the open economic systems a reality.
- **Investing in Tomorrow:** Where it makes sense, we're not just bystanders; we're investors. We're creating the essential infrastructure and standards that make open economic systems a reality.

- **Ethics at the Core**: Our community isn't just a group; it's a collective. We're all about inclusion and ethical principles. If you're here to make a positive impact, you're in the right place.

- **Your Success, Our Mission:** Builders and entrepreneurs, this one's for you! We're not just about Convex; we're about your success. Let's make your projects with Convex the next big thing!

- **Convex Ownership:** Here's the reality: Convex isn't anyone's property. While the Foundation ensures smooth governance, Convex is fundamentally an open invitation. It's your technology, a product of the digital landscape—a tool for you to shape and utilize as you see fit.
- **Convex Ownership:** Here's the reality: Convex isn't anyone's property. While the Foundation ensures smooth governance, Convex is an open invitation. It's your technology, a product of the digital landscape—a tool for you to shape and use as you see fit.

- **Join the Adventure:** Ready to be part of something bigger? Dive into the heart of it all—the [Convex Discord Server](https://discord.gg/fsnCxEM). It's not just a server; it's the bustling agora where ideas collide, dreams take flight, and the Convex community comes alive.

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