The Cabal retweeted
Yominet is the largest briber on @CabalFDN this epoch
Why?
Because this bribe of $1670 translates to ~$20k in esINIT awards for our players. That's 12x leverage. We get to crank up emissions in Kamigotchi World on @initia's (token) tab
So we're making it rain. We getting $INIT
yominet has increased its VIP commission on @initia from 10 -> 20%
why? because we are going to turn around and use it all to bribe for more votes and get our users more initia:native
this is part of our ongoing effort to reward our users and support Kamigotchi World's economy
Earning SLP yield on @TradeOnStrat?
Lever it with our latest xSLP vault to earn:
⦿ Higher SLP yield
⦿ Strat Points
⦿ Cabal Points
Your deposits will be supplied on @EchelonMarket at 60% LTV and 76% LT.
Strat xSLP is LIVE on Echelon (@initia)
xSLP is @CabalFDN's tokenized wrapper of @TradeOnStrat liquidity vault SLP.
SLP provides exchange liquidity and serves as the backstop liquidator and market-maker. LPs earn fees from liquidations + a portion of trading fees.
The vault is already 83% full. Deposit now on app.thecabal.xyz:
Excited to have @kamigotchiworld bribe with us!
What this means for sxINIT holders currently earning 50% APY on $INIT -> expect more 👀
I haven't posted about this, so I should; our policy for @kamigotchiworld is now to bribe $1K USD per-epoch to @CabalFDN in order to increase our share of VIP incentives, for the foreseeable future.
We think this creates a healthy cycle of activity with our community. We intend to increase our VIP commission to 20% alongside this; community representatives have very actively encouraged us to do so.
Any questions? Please drop them in the comments!
As a reminder: xINIT emissions to xINIT-INIT LP holders stop April 23.
DN INIT is where that yield continues, hedged and unbothered. Migrate your LP before then to keep earning.
Deposit here: app.thecabal.xyz/vaults/delt…
30% APY? On stables?
The deposit cap on Cabal iUSD has increased to $1.25M. Earn before it's too late.
app.thecabal.xyz/vaults/caba…
Idle stables are a choice. Your iUSD earns 0% sitting still.
Deposit with Cabal to put it to work by incentive farming + lending on @EchelonMarket, with rewards auto-compounded back to iUSD.
app.thecabal.xyz/vaults/caba…
35% APR on sxINIT. 85% LTV looping via E-Mode on @EchelonMarket.
Too lazy to do the math? It’s over 100% on your $INIT.
You’re welcome.
35% APR on sxINIT. 85% LTV looping via E-Mode on @EchelonMarket.
Too lazy to do the math? It’s over 100% on your $INIT.
You’re welcome.
















