When users deposit their veNFT or CONE, they automatically receive a proportional amount of unCONE (unCONE is minted 1:1 for deposited CONE). unCONE is a tokenized, fungible representation of 1 locked Unknown CONE. Due to the way Cone's rebase mechanism works, this position is never diluted as Unknown automatically converts rebased CONE to unCONE and passes this on to unCONE stakers.