Curve Yield Farmers Rush to Deploy $60M on Newly Launched Conic Finance, Capture 21% APY on USD Coin

Each omnipool allocates liquidity of a single asset into different Curve pools. All Curve liquidity provider (LP) tokens get staked on Convex to boost curve (CRV) rewards earnings. Convex (CNX), another Curve ecosystem token, is also rewarded, and so is conic (CNC), Conic’s native token.