unknwnCONE token, and how it fits in the Unknown platform
unCONE is tokenized veCONE
A tokenized version of veCONE, unCONE, is returned to the user at a 1:1 rate.
Unknown automatically converts rebased CONE into unCONE proportional to the users staked amount.
If a user deposits CONE into Unknown, that CONE is locked forever on the platform as veCONE.
Converting CONE to unCONE is a one-way transaction (i.e. it can not be undone).
unCONE can be staked into the platform to receive normal CONE admin fees one would get for staking their veCONE on CONE.
Additionally, users staking unCONE will receive CONE from Unknown's performance fee, as well as the platform native token Unknwn.
unCONE Liquidity Pools
Rather than staking unCONE, users can also choose to contribute to the CONE liquidity pool unCONE/CONE.
Users can then stake their unCONE/CONE LP token on Unknown to receive a 0-5% fee on CONE earned by other LP positions for providing liquidity to enter and exit Unknown's CONE ecosystem via the unCONE token.
By default this is 0% but can be raised by a governance vote.