What is Conic?
🔹 Omnipools?
🔹 Diversified yields?
🔹 Early incentives?
🔹 No VCs?
Learn more🧵👇
1/
2
16
67
Replies
Why another protocol?
@ConvexFinance
is optimal for boosted $CRV emissions. But has downsides:
1. LPs need to stake Curve LP tokens
2. Pool TVL, asset balances, and $CRV emissions are constantly changing. Making committing to a single Curve pool challenging long term
2/
1
0
7
3. Expensive to deposit and withdraw Curve LP tokens to and from Curve and Convex.
3/
1
0
5
Conic Finance solves this 💫
Conic makes it simple to:
1. Deposit a single asset to Curve
2. Receive exposure to multiple Curve pools
3. Benefit from automatic Curve pool rebalancing
4. Receive $CRV, $CVX and $CNC
4/
1
0
7
What are Omnipools?
Conic Omnipools are liquidity pools which deposit one asset across multiple
@CurveFinance
pools. Conic then stakes Curve LP tokens directly on
@ConvexFinance
Conic LP token holders receive $CRV and $CVX earnings from multiple Curve pools
5/
1
0
5
Who gets $CNC?
- Conic LPs (minted pro-rata as $CRV is earned).
- $vlCVX holders 🪂
- Community raise
- Stakers of $CNC AMM LP tokens
6/
2
1
10
How does Conic Finance governance differ from
@ConvexFinance
?
📈 $vlCVX: vote on $CRV emissions
📊 $vlCNC: vote on
@CurveFinance
liquidity distribution
7/
1
2
11
$vlCVX and $vlCNC holders control two different levers 🔧
With $vlCVX controlling $CRV emissions per pool, $vlCNC introduces controlling liquidity per pool
8/
0
0
7
