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Conic Finance

Conic Finance CNCPrice N/A

CNC Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Inactive

Funds and Backers

Description

Conic Finance is an easy-to-use platform built for liquidity providers to easily diversify their exposure to multiple Curve pools

Conic Finance (CNC) Chart

Conic Finance price Index provides the latest CNC price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Pre-sale

6 Apr 2022 — 7 Apr 2022

Raised

$ 400.00K

Price:

-

Platform:

N/A

Additional Data

ATH Market Cap

$ 49.62M

Max Supply

CNC 10,000,000

Total Supply

CNC 10,000,000

All Time High

$ 12.76

16 Feb 2023


All Time Low

$ 0.00272

31 Mar 2025

Trending Conic Finance Fiat Pairs

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.

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