> For the complete documentation index, see [llms.txt](https://docs.conic.finance/conic-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.conic.finance/conic-finance/getting-started/understanding-conic.md). # Understanding Conic ### What is Conic? Conic is a protocol on Ethereum that introduces "Omnipools", which are liquidity pools where users can deposit a single asset. Each [Omnipool ](/conic-finance/liquidity-providers/conic-omnipools.md)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)](/conic-finance/governance/liquidity-allocation-vote-lav.md) takes place. In this vote, [vlCNC holders](/conic-finance/usdcnc-token/locking-usdcnc.md) 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. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.conic.finance/conic-finance/getting-started/understanding-conic.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.