Understanding Governance

Voting in the Conic DAO

Anyone that has some vlCNC balance is eligible to vote on proposals.

There are two different types of proposals that vlCNC holders can create:

• Conic Improvement Proposals (CIPs)

• Curve Amendment Proposals (CAPs)

In addition to these proposals, there are biweekly liquidity allocation votes (LAVs) that update the liquidity allocation weight of every Curve pool that is used by an Omnipool.

While CIPs are more general improvement proposals, CAPs are proposals that determine which Curve pools are eligible to vote on in a LAV.