Abracadabra

Abracadabra

Abracadabra.money is a lending platform that allows users to utilize interest-bearing tokens as collateral to mint MIM, a USD-pegged stablecoin. MIM (Magic Internet Money) is a stablecoin that users can swap for any other traditional stablecoins.
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Abracadabra Spell


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Description

Abracadabra.money is an omnichain DeFi lending platform that works its magic by utilizing interest-bearing tokens as collateral to mint Magic Internet Money, a USD-Denominated stablecoin.

Category: CDP
TVL: $37M

Chains:
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