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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!
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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…
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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…
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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…
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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.
Jan 26
sxINIT is now enabled in E-Mode.
Users can supply sxINIT and loop against it with up to 85% LTV, increasing capital efficiency for INIT-based strategies.
Powered by @CabalFDN on @initia.
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For the lending market LPs: why is your INIT sitting idle?
Earn up to 300% by looping sxINIT on @EchelonMarket.
Leverage to taste.
Jan 18
sxINIT looping on @Initia is one of the highest-yield setups on Echelon right now.
sxINIT supply: 42.65% APR
INIT borrow: 12.61% APR
That ~30% spread compounds fast with leverage, reaching ~300% estimated APR at 10x before price risk.
Full setup with @CabalVIP LST ↓ 🧵
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Bull? Bear? I don't know. But I know how to get a high APR
It's very simple; you just need to add the $INIT- $xINIT LP on @initia
The current APR is 241%.Rewards are sent daily to LP holders' wallet in the form of $xINIT. In addition, you can also get 3x Cabal points.
Btw, Cabal's vaults offer more options for earning high APR rewards and @CabalVIP points.
Participate link ⬇️⬇️⬇️
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