> For the complete documentation index, see [llms.txt](https://docs.cvg.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.cvg.finance/cvg-token/understanding-cvg.md).

# Understanding CVG

**`CVG`** is the governance token of the Convergence protocol. By locking **`CVG`**, users can participate in the governance of both Convergence and underlying protocols. **`CVG`** lockers can also vote for Convergence’s gauge weights and claim shares on treasury yields at each **`TDE`** (*Treasury Distribution Event*).

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[CVG Locking](/cvg-token/cvg-locking.md)
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Locked **`CVG`** tokens hold governance rights over Convergence (CIP), but also over all underlying protocols that Convergence will integrate. The governance rights that Convergence will acquire through its conversion mechanism will be delegated to **`CVG`** lockers.

Votes will be done on Snapshot. Convergence’s metagovernance will follow every underlying protocol's vote.

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To summarize, Convergence will allow **`CVG`** lockers to:

* Participate in Convergence and underlying protocols governance;
* Vote for gauge weights to direct **`CVG`** inflation;
* Claim shares on treasury every 3 months (**`TDE`**);
* Trade their locked position.
  {% endhint %}