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1/ Understanding the underlying value of $CNC of @ConicFinance 🍦 to accurately evaluate the value it brings to the $CRV-$CVX-$CNC flywheel 🛞
A 🧵 on everything you need to know on why $vlCNC is the next big thing (Hint: Cheap Liquidity 😉)
A 🧵 on everything you need to know on why $vlCNC is the next big thing (Hint: Cheap Liquidity 😉)
3/ @ConvexFinance was the first flywheel, allowing protocols to bribe for higher emission of $CRV on specific pools in @CurveFinance
This allowed @FraxFinance to acquire $vlCVX and direct higher $CRV emissions on $FRAX pools compared to other pools ($FRAX > $3POOL)
This allowed @FraxFinance to acquire $vlCVX and direct higher $CRV emissions on $FRAX pools compared to other pools ($FRAX > $3POOL)
