Cabal is a liquid-staking and yield-optimization protocol for the Initia ecosystem that issues xINIT and Cabal LP tokens. Users deposit INIT or Enshrined Liquidity LPs to earn chain staking rewards plus governance "bribe" yield from interwoven rollups, with vaults and automated VIP vote/bribe capture to maximize depositor returns.
Fundraising
$3M
•
Total raised
$3M
•
Undisclosed
Feb 12, 2025
News & Prediction
News
PANEWS
over 1 year
Revenue generation protocol Cabal completes $3 million in financing, with Hack VC and others participating
Cabal raised $3M from Hack VC, Delphi Ventures, Nascent, CitizenX; the Initia-based protocol lets users deposit INIT/Enshrined Liquidity for liquid yield assets
COINNESS
over 1 year
Initia’s layer-1 protocol Cabal secures $3M in funding
Cabal, a layer-1 deployment protocol on Initia, raised $3M from Hack VC, Delphi Ventures, and Nascent.