L1 Build Protocol Cabal completes $3 million financing, with participation from Delphi Digital and others

ChainCatcher news, the L1 building protocol Cabal based on Initia has completed a $3 million funding round, with participation from Delphi Digital, Nascent, and Hack VC.

Cabal is built on Initia's Layer 1 and is inspired by Curve Wars. It allows users to deposit INIT and LP tokens to obtain a liquid, governable Wrapper, aggregating VIP rewards and governance power.