What is Conic Finance ($CNC)?
Conic Finance ($CNC) is an easy-to-use platform on Ethereum built for liquidity providers to easily diversify their exposure to multiple Curve pools. Any user can provide liquidity into a Conic Omnipool which allocates funds across Curve in proportion to protocol controlled pool weights.
Conic Finance introduces Conic Omnipools, which allocate liquidity in a single asset across multiple Curve pools, giving Conic liquidity providers (LPs) exposure to multiple Curve pools through a single LP token. All Curve LP tokens are automatically staked on Convex to earn CVX and CRV rewards. Additionally, Conic LPs receive CNC, the Conic DAO token. Liquidity in an Omnipool is allocated to Curve pools based on target allocation weights, which get updated regularly through a liquidity allocation vote held by the vote-locked CNC holders.