Magic Internet Money(MIM)
Market Cap$28.9m
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% | -0.21% | -3.84% | 14.4m | ||
| 100% | -0.10% | +2.60% | +10.90% | 6.84m | ||
| 100% | -0.01% | -3.57% | -4.63% | 3.08m | ||
| 100% | +0.37% | +2.24% | -0.69% | 1.66m | ||
| 100% | +0.05% | -0.01% | -0.38% | 1.31m | ||
| 100% | < 0.0001% | +1.07% | +1.65% | 1.2m | ||
| Abracadabra Bridge | 100% | -0.04% | -19.15% | -19.27% | 372,909 | |
| 100% | < 0.0001% | +4.35% | +9.12% | 239,952 | ||
| 100% | 0% | -0.01% | -0.29% | 72,667 | ||
| 100% | +0.01% | +2.07% | +4.18% | 40,334 | ||
| Abracadabra Bridge | 100% | < 0.0001% | +0.72% | -0.83% | 20,773 | |
| Abracadabra Bridge | 100% | -0.01% | +0.03% | -0.80% | 5,232 | |
| 100% | +0.01% | +0.01% | +0.01% | 3,359 | ||
| Abracadabra Bridge | 100% | +0.02% | +0.02% | -0.11% | 2,375 |