Tag: abracadabra

Jun 19 2022

Is MIM the Next Stablecoin in Trouble?

Jun 19 2022 Published at Altcoin Buzz under tags  abracadabra defi stablecoin

The crypto market is currently going through one of its worst moments in history. Since Luna’s crash in early May, there’s been a strong sense of fear over which project would go down next. Judging from recent reports, Magic Internet Money, or MIM, appears to be on a similar path as Luna....

Apr 27 2022

Abracadabra Seeks Return to Magic With NFT Lending Market

Abracadabra Money, a decentralized lending protocol leveraging interest- bearing assets to mint a multichain stablecoin called Magic Internet Money, announced today that it is launching a new peer-to-peer lending product to...

Feb 02 2022

SPELL Price Prediction

Feb 02 2022 Published at Altcoin Buzz under tags  abracadabra spell technical analysis

SPELL is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD- pegged stablecoin called Magic Internet Money (MIM). Abracadabra uses the Kashi Lending Technology pioneered by SushiSwap (SUSHI) to provide isolated lending markets that allow users to adjust their risk tolerance according to the collateral...

Jan 04 2022

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