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 Redemption
Using 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 | <0.0001% | +3.99% | +0.70% | 14.18m | ||
| 100% | -0.11% | +13.60% | +10.87% | 6.23m | ||
| 100% | +0.17% | +1.68% | +15.73% | 4.19m | ||
| 100% | >-0.0001% | +0.10% | +0.53% | 1.71m | ||
| 100% | >-0.0001% | +0.90% | +6.13% | 1.47m | ||
| 100% | <0.0001% | +0.04% | +0.18% | 1.21m | ||
| Abracadabra Bridge | 100% | -0.00% | -0.00% | -4.96% | 207,657.68 | |
| 100% | +0.00% | +1.07% | +1.95% | 69,809.41 | ||
| 100% | -0.00% | +2.19% | +8.76% | 53,522.63 | ||
| Abracadabra Bridge | 100% | -0.00% | -0.00% | -0.21% | 20,396.86 | |
| 100% | +0.00% | +0.00% | +1.02% | 10,778.34 | ||
| 100% | +0.00% | +0.00% | +0.00% | 6,420.15 | ||
| Abracadabra Bridge | 100% | +0.00% | +0.00% | -2.72% | 5,827.27 | |
| Abracadabra Bridge | 100% | +0.01% | +0.01% | +0.01% | 2,371.27 |