Magic Internet Money(MIM)
Market Cap$3.76m
Price$0.13
Total Circulating28.43m
146.48m
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 | +0.56% | -3.10% | -1.76% | 14.24m | ||
| 100% | -1.45% | -8.24% | -15.91% | 5.55m | ||
| 100% | -0.12% | +12.97% | +18.54% | 3.79m | ||
| 100% | 0% | +0.44% | +5.38% | 1.71m | ||
| 100% | -0.96% | +5.37% | +6.40% | 1.39m | ||
| 100% | -0.05% | +0.17% | +2.09% | 1.21m | ||
| Abracadabra Bridge | 100% | 0% | +1.62% | -19.68% | 370,457 | |
| 100% | -0.13% | +0.04% | -5.25% | 68,858 | ||
| 100% | -1.81% | +10.68% | +26.68% | 50,057 | ||
| Abracadabra Bridge | 100% | +0.05% | +0.05% | -0.90% | 20,439 | |
| 100% | 0% | 0% | +91.13% | 6,420 | ||
| Abracadabra Bridge | 100% | 0% | +14.94% | +14.77% | 6,002 | |
| Abracadabra Bridge | 100% | +0.01% | +0.01% | -0.16% | 2,371 | |
| 0 | -100.00% | -100.00% | -100.00% | 0 |