Magic Internet Money(MIM)
Market Cap$29.04m
Price$0.99
Total Circulating29.25m
145.65m
Stablecoin Information
Abracadabra.money is a lending platform that uses interest-bearing tokens as collateral to borrow a USD pegged stablecoin (Magic Internet Money - MIM), that can be used as any other traditional stablecoin.
Category:crypto-backed
Minting and RedemptionUsing Abracadabra.money, users mint MIM by depositing interest-bearing tokens as collateral into an Abracadabra cauldron. When the loan is repaid to retrieve the collateral, the paid back MIM is burned.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | -0.42% | +1.19% | -3.65% | 14.43m | ||
| 100% | +0.95% | -2.51% | +8.00% | 6.67m | ||
| 100% | -0.10% | -0.36% | -1.54% | 3.2m | ||
| 100% | < 0.0001% | +0.19% | -2.87% | 1.62m | ||
| 100% | < 0.0001% | +0.02% | +0.34% | 1.31m | ||
| 100% | -0.07% | +0.66% | +0.52% | 1.19m | ||
| Abracadabra Bridge | 100% | < 0.0001% | -0.05% | -0.16% | 461,240 | |
| 100% | < 0.0001% | < 0.0001% | +4.57% | 229,952 | ||
| 100% | 0% | 0% | -0.27% | 72,671 | ||
| 100% | 0% | +3.71% | +2.07% | 39,516 | ||
| Abracadabra Bridge | 100% | 0% | 0% | -1.44% | 20,624 | |
| Abracadabra Bridge | 100% | 0% | 0% | -1.15% | 5,230 | |
| 100% | +0.01% | +0.01% | +0.01% | 3,359 | ||
| Abracadabra Bridge | 100% | +0.02% | +0.02% | -0.11% | 2,375 |