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RugDoc Review
Conic finance is a a platform built for liquidity providers to easily diversify their exposure to multiple Curve pools. The vision of Conic is to empower members of the Curve and Convex community to take an active role in optimally balancing liquidity across Curve pools.
🚨 Large projects like these are beyond the scope of RugDoc reviews. For a full audit please contact a professional audit firm. This review will only cover basic facts about admin keys and initial token distribution/vesting wrt the ERC20 🚨
- ⚠️ Token still in pre-sale phase so honeypot check not possible. Verify for yourself whether this token is sellable after launch
- ✅ 4.2% of Total Supply added to Curve LP (CNC-ETH)
- ✅ 0.3% of Total Supply added to Uniswap LP (CNC-USDC)
- 10% of Total Supply has been airdropped to vlCVX holder, no vesting
- 30% of Total Supply has been sold off to community through presale, no vesting
- 44% of Total Supply will be added to circulation over time to incentivise LP’s
- ⚠️ Voting is done off-chain using Snapshot and therefore not enforced by the blockchain. The Gnosis multi-sig contract that is used to enforce Snapshot’s outcomes could be a centralized point of failure
- Max Supply: 5,600,000 CNC
- PreMinted: 100%
- Payout Method: LP staking
- Auto-Liquidity: N/A
- Other Significant Governance Privileges: N/A
- No transfer tax
- No anti-whale
⚠️ Triple check the contract you interact matches the one reviewed here (0x9ae…cfc)
*Paid Advertisement. Not financial advice. RugDoc is not responsible for the projects showcased here. DYOR and ape safu.
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Disclaimer: This is done with our best knowledge and effort, nothing can be known for certain – always DYOR and risk management. This is NOT financial advice. Use the information presented here to inform your own decisions. Referral links may be included on any outbound link.