Festive Friday selection of two early projects 💜
@summerstonexyz and @CabalVIP

Found on Moni Discover by @HONKA_YO.
Check them out 👇
1/ @summerstonexyz
Summerstone is building a decentralized market operations platform, integrating with Liquity V2 to enable user-set interest rates and automated borrowing strategies. The platform supports WETH and wstETH collateral and is already live on https://t.co/QbYhBGnlCU, offering a managed borrowing experience.

Key Points
• Built on Liquity V2, allowing users to set and manage their own interest rates
• Supports WETH and wstETH as collateral, with fully managed borrowing options
• Strong focus on immutable protocols and decentralized financial stability
• Early-stage but gaining traction among DeFi-native users

With onchain borrowing mechanisms evolving, Summerstone is positioning itself as a key player in decentralized lending automation. Worth tracking how they scale and differentiate in the competitive DeFi space.

Moni Statistics
🔎 Discovered: 11 Jan 2025, at 31 Followers
👾 Moni Score: 201
🧠 Smart Followers: 13 incl. @0xMaki, @LiquityProtocol and @burstingbagel

2/ @CabalVIP
A governance and liquidity optimization protocol built on Initia L1, designed to enhance Initia's Vested Interest Program (VIP). Cabal enables users to deposit INIT and Enshrined Liquidity positions, receiving liquid, yield-generating assets in return. Rollups can bribe depositors to secure a larger share of VIP rewards, creating a competitive incentive structure.

Key Points
• Governance Aggregation – Converts INIT and liquidity positions into voting power
• Rollup Incentive Mechanism – Rollups compete for VIP rewards by bribing depositors
• Yield-Generating Assets – Users receive liquid, interest-bearing representations of deposits
• Backed by Smart Money – Raised $3M from Hack VC, Delphi, and Nascent

Positioned as the "hidden hand" behind Initia’s VIP rewards, Cabal is set to become a key governance layer in Initia’s ecosystem. Worth watching how it shapes rollup economics and liquidity incentives.

Moni Statistics
🔎 Discovered: 10 Feb 2025, at 17 Followers
👾 Moni Score: 69
🧠 Smart Followers: @Darrenlautf and @CannnGurel

That's it for today, my frens
Always keep in mind:
- Be SUPER attentive, DYOR / NFA
- Selected projects are not promo
- Early projects are (High Risk : High Reward)

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More early projects can be found on our platform> https://t.co/jXOXVVHvvL

Love u, Moni 💜