The latest Cone Link transmission has been decoded; final @ConicFinance pre-launch genesis vote, @CurveFinance gauge proposal and audit report:
https://t.co/SBeUZ5Kulj $CNC $CRV $CVX
We have been asked several times about why we did not just multiply the virtual price by the price of the underlying asset to price curve LP tokens. This method is explained here, for example: https://t.co/UspwlZBhDH.
Here is a little thread about it 🧵 (1/6)
Platform for paying out bribes 🗳️
Will $CNC bribes be paid out to @ConvexFinance $vlCVX holders on @VotiumProtocol or @Paladin_vote?
Voting is live: https://t.co/VztYVWTpL2
The latest Cone Link transmission has been decoded; more @ConicFinance governance votes, bribes, emissions and threadooors:
https://t.co/9Te8ZRZKlQ $CNC $CRV $CVX
Voting has concluded ✅
1) Bribes will be paid solely to @ConvexFinance $vlCVX holders
2) 60% of inflation will be used to pay bribes and the remaining 40% will be distributed to $CNC / $ETH LPs
Tracking on-chain movements across the @CurveFinance ecosystem is a must for anyone in #DeFi 🔑
That's why I created the @llamawhalealert bot 🦙
Be the first to know about key transactions for $CRV $CVX $CNC and more 👇
This @ConicFinance CNC/ETH pool does extremely well: despite having a modest 3.5M TVL and no gauge (!) it has a respectable 18% vAPY (from trading and asymmetric deposit fees). It means, it prints 10k per week or so for the DAO.
v2 pools are awesome!