LST-as-a-Service
Cabal provides liquid staking services to ecosystems that want to make existing capital more productive without redesigning their staking, liquidity, or incentive systems from scratch.
At a high level, the service allows an ecosystem to introduce a liquid staking representation of its native asset that is compatible with its incentive and governance mechanisms, while delegating the underlying complexity (staking, liquidity management, incentive routing, and strategy integration) to Cabal.
The specific implementation may differ by ecosystem. The objective is consistent: improve capital efficiency by fixing how capital is represented and routed, not by adding leverage or financial engineering.
Capital Formation at Scale
LSTs created through this service can be used directly within Cabal-managed vaults and strategies.
This creates a feedback loop where:
Ecosystem capital becomes more productive
Cabal strategies gain deeper, aligned liquidity
Yield is generated through predictable participation instead of speculation
Case Study: cabalINIT
On Initia, this service is implemented through cabalINIT, which is designed specifically around Initia’s VIP system and the distinction between balance-based and weight-based rewards.
cabalINIT demonstrates one way LST-as-a-Service can be applied, but it does not prescribe how the service must be implemented on other ecosystems. Different ecosystems may require different staking compositions, liquidity guarantees, and governance participation models.
