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Conic Finance
CNC

About Conic Finance

Conic is a protocol on Ethereum that introduces Omnipools, which are liquidity pools where users can deposit a single asset. Each Omnipool allocates liquidity to a set of whitelisted Curve pools. The distribution among these pools is determined by liquidity allocation weights, indicating the share of an Omnipool's total liquidity to be provided to each Curve pool. Liquidity providers (LPs) of an Omnipool can gain exposure to multiple Curve pools using a single Omnipool LP token. The native token of Conic, CNC, is distributed to LPs who stake their Omnipool LP tokens and to those who deposit liquidity during a rebalance period. Every two weeks, a liquidity allocation vote (LAV) occurs, where VLCNC holders can vote on updates to the liquidity weights of all Curve pools used by an Omnipool. A...

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