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Conic Finance issued a document announcing the suspension of operations

GuShiio.com learned that Conic Finance, the Omnipools agreement of the Curve Finance ecosystem, issued a document announcing the suspension of operations and the project was officially terminated. The reason for the suspension of operations was that key issues in the new version could not be resolved. During this period, many core members chose to leave. After evaluation, the remaining team finally decided to terminate the Conic project. All LPs should withdraw funds from Omnipools, and Conic Treasury will return the remaining portion of Michael Egorov’s July 2023 investments to Michael. Conic will stop all Votium bribes and incentives to CNC/ETH Curve pools.

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