Magic Internet Money(MIM)
Market Cap$3.54m
Price$0.12
Total Circulating28.45m
146.46m
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 | -0.96% | -6.52% | -2.30% | 14.16m | ||
| 100% | +0.66% | -0.10% | -14.62% | 5.63m | ||
| 100% | -2.14% | +13.55% | +18.39% | 3.8m | ||
| 100% | +0.04% | +0.48% | +5.58% | 1.71m | ||
| 100% | +0.53% | +5.56% | +7.43% | 1.41m | ||
| 100% | +0.08% | +0.19% | +2.10% | 1.21m | ||
| Abracadabra Bridge | 100% | +0.23% | +1.62% | -19.68% | 370,457 | |
| 100% | +0.52% | +0.17% | -5.12% | 68,950 | ||
| 100% | +0.42% | +13.89% | +32.10% | 50,981 | ||
| Abracadabra Bridge | 100% | 0% | -0.10% | -0.95% | 20,428 | |
| 100% | 0% | 0% | +91.13% | 6,420 | ||
| Abracadabra Bridge | 100% | +0.25% | +14.33% | +14.77% | 6,002 | |
| Abracadabra Bridge | 100% | +0.01% | +0.01% | -0.16% | 2,371 | |
| 0 | -100.00% | -100.00% | -100.00% | 0 |