The observed equilibrium shapes of phospholipid vesicles of topologica
l genus 2 (shapes with two holes) are found to be in agreement with th
eoretical predictions on the basis of a minimization of the elastic cu
rvature energy for fluid membranes under the constraints of constant a
rea, volume, and area difference (between the inner and outer layers o
f the membrane). For some particular geometrical characteristics, the
shapes of the vesicles change continuously and randomly on a slow time
scale (tens of seconds) and thus exhibit conformal diffusion. This ph
enomenon is a reflection of the conformal degeneracy of the elastic cu
rvature energy. Its observation sets a limit (three constraints) on th
e number of physical constraints relevant to the determination of the
shapes of vesicles.