James
108 posts
You were right, The Cabal is real 🪢 Cabal, a Very Important Protocol for @Initia's VIP, is officially coming out of stealth with $3M raised from Hack, Delphi, and Nascent. A short post on what this means for the Interwoven Economy: Built on Initia's Layer 1, Cabal is the hidden hand behind Initia's VIP rewards. Cabal amasses governance power by allowing users to deposit INIT and Enshrined Liquidity positions for liquid, yield-generating assets. And that's where the games begin... Interwoven rollups can bribe Cabal depositors to allocate them a greater share of VIP incentives each epoch. Cabal maximizes yield outcomes for $INIT holders while boosting liquidity, visibility, and rewards for rollups. We are also honored to have the support of @hack_vc, @Delphi_Ventures, @nascentxyz, rfv enthusiast @dcfgod, angels from @LayerZero_Core, gigabrains @daryllautk & @darrenlautf, defi savoooor @n2ckchong, and aspiring kol @chainyoda, amongst many others. The Cabal is finally here, and it is interwoven 🪢
@ASvanevik @KyleSamani But kamino is a better product Plus metrics today are not metrics tomorrow
markets go up, markets go down. we're still in the golden age of crypto and remain overly optimistic about Q1/Q2. movuary.
Doctor is going viral for his special “Picasso Technique,”
