$CNC Tokenomics
Last updated
Last updated
vlCVX holders: 10%
Community raise: 30%
Liquidity providers: 44%
25% for stakers of Conic Omnipool LP tokens
19% for rebalance incentives
Treasury: 6% (5% vesting linearly over one year + 1% vested at launch was used to seed the Curve CNC/ETH pool)
AMM Stakers: 10% (Distributed to stakers of the Curve factory pool CNC/ETH LP token)
Conic liquidity providers can stake their Omnipool LP tokens to receive CNC (in addition to CRV and CVX). All extra rewards that are earned by a Curve pool (e.g. FXS, SPELL) are compounded in CNC
The yearly CNC emissions to Omnipool LP token stakers is shown below and decreases by 60% each year. The emissions start when Omnipools launch.
To incentivize regular deposits and withdrawals, CNC emissions are given out to users who deposit into Omnipools while the pools are imbalanced and the rebalancing period is active. The CNC received will be based on the amount deposited, and will also increase over time while a pool is imbalanced, and will stop when the pool is "balanced" again (within a deviation threshold). The amount of CNC emitted increases with time when the rebalancing period is active.
For users looking to setup a bot to rebalance Omnipools please read about the
rebalancefunction.
AMM Stakers (10%)
The inflation rate for these CNC rewards decreases by 60% every April. The inflation for AMM staking rewards originally started on April 6th, 2022.
An amount of CNC rewards are distributed to LPs of the . Holders of the can stake the LP token on Curve to receive CRV or on Convex to receive CRV and CVX, in addition to CNC.
Following a DAO , it was decided that 45% of the CNC rewards should be emitted as extra rewards via the CNC/ETH Curve gauge to LPs. 55% of the rewards get distributed via to vlCVX holders to incentivize a higher amount of CRV rewards for the CNC/ETH Curve pool.
