Discover and read the best of Twitter Threads about #ConicFinance
Most recents (1)
1/ Feel like people are throwing @ConicFinance 🍦under the radar🤦♂️
TLDR: @ConicFinance is the final fly wheel on top of $CRV & $CVX - diversified LP exposure across multiple Curve Pools through single-token deposits
Concise 🧵 summary on why we are still early
TLDR: @ConicFinance is the final fly wheel on top of $CRV & $CVX - diversified LP exposure across multiple Curve Pools through single-token deposits
Concise 🧵 summary on why we are still early
2/ What problem is it trying to solve?
#Curve has multiple pools and it’s inefficient searching for pools with optimal APR - $CRV emission change
Similar assets can earn higher yield when LPing in other pools - this is ultimately what @conicfinance is trying to solve
#Curve has multiple pools and it’s inefficient searching for pools with optimal APR - $CRV emission change
Similar assets can earn higher yield when LPing in other pools - this is ultimately what @conicfinance is trying to solve
3/ What is #ConicFinance🍦?
- Diversified LP exposure across multiple @CurveFinance Pools
- Allows deposits of single token (ex. $USDC, $ETH)
- #Conic deposits into multiple approved Curve Pools
- Stakes LP tokens on @ConvexFinance
- Depositor earns $CRV + $CVX + $CNC 😮
- Diversified LP exposure across multiple @CurveFinance Pools
- Allows deposits of single token (ex. $USDC, $ETH)
- #Conic deposits into multiple approved Curve Pools
- Stakes LP tokens on @ConvexFinance
- Depositor earns $CRV + $CVX + $CNC 😮
