The Initia Foundation has deposited roughly 21,000 INIT to match the VIP bribes on @CabalVIP for this epoch.
💸Bribe Stats💸
- Roughly $550K in bribes on an annualized basis on a $1.8m capital base
- 600% bribe efficiency ($6 in rewards for each dollar in bribes)
💧Cabal Vaults💧
- 80% and 57% APR for sxINIT and USDC-INIT LP on Cabal
- sxINIT has higher absolute APR but requires a lock while the LP has lower APR but no lock and earns trading fees from Enshrined Liquidity
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