Cabal LP Tokens
What are Cabal LP Tokens?
When users stake Enshrined Liquidity Tokens on Cabal, they receive Cabal LP Tokens in return, which represent their staked position. These tokens allow liquidity providers to remain exposed to their LP position while unlocking additional rewards through Cabal.
Why are Cabal LP Tokens Useful?
Cabal LP Tokens enhance yield opportunities for liquidity providers by stacking multiple reward sources and benefits:
Earn the Highest Yield: In addition to baseline InitiaDEX emissions and trading fees, users can access exclusive bribe rewards only available through Cabal
Enhanced VIP Influence: Cabal consolidates your voting power to maximize your VIP influence and incentives
Optimized Capital Efficiency: Maintain liquidity exposure and flexibility in the broader Initia ecosystem while earning optimized VIP rewards
If unstaked, Cabal LP Tokens require a 7-day unbonding period to convert back into their respective Enshrined Liquidity Tokens.