
Conic Finance CNCPrice N/A
CNC Price
General Info
Contracts/Explorers:
Ethereum
Funds and Backers
Conic Finance (CNC) Chart
Pre-sale
6 Apr 2022 — 7 Apr 2022
Raised
$ 400.00K
Price:
Platform:
N/A










What is Conic Finance (CNC)?
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 between the Curve pools is determined by liquidity allocation weights which represent the share of an Omnipool's total liquidity that should be supplied to each Curve pool. Liquidity providers (LPs) of an Omnipool can gain exposure to multiple Curve pools via a single Omnipool LP token.
The native token of Conic, CNC, is emitted to LPs that stake their Omnipool LP tokens and to LPs that deposit liquidity during a rebalance period.
Every two weeks, a liquidity allocation vote (LAV) takes place. In this vote, vlCNC holders can vote on updates to the liquidity allocation weight of all Curve pools used by an Omnipool. Once the Curve pool liquidity allocation weights are updated after a LAV, a rebalance period starts and additional CNC is emitted to depositors. These deposits automatically rebalance the Curve pools in line with the target weights.
Trending Coins and Tokens 
- 328
RedStone
RED$ 0.339
13.3% - 650
GUNZ
GUN$ 0.0484
29.1% - 165
Wormhole
W$ 0.072
9.95% HyperChainX
HYPER$ 0.000356
7.03%- 19
Sui
SUI$ 1.87
14.2% - 179
LayerZero
ZRO$ 2.46
17.6% - 149
StarkNet
STRK$ 0.124
18.7%