> For the complete documentation index, see [llms.txt](https://docs.convergent.so/convergent/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.convergent.so/convergent/convergent-protocol-v1/tokens-cvgt-and-usv.md).

# Tokens (CVGT & USV)

## **USV**

USV is the LSD-centric, USD-pegged stablecoin for paying out loans on Convergent. At any time USV can be redeemed against the underlying collateral at face value.

## CVGT

CVGT is the protocol token of Convergent. Users can stake CVGT to capture the fee generated by the protocol (issuance + redemption fees) on a pro-rata basis. \
\
To illustrate, if there are 1000 CVGT tokens staked and you own 100 of them, you will receive 10% of the protocol fees.\
\
**How are these tokens released / emitted?** \
Our protocol dynamically emits CVGT tokens to Nexus Depositers to incentivize USV deposits.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.convergent.so/convergent/convergent-protocol-v1/tokens-cvgt-and-usv.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.