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 | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.02% | -0.68% | +2.67% | 14.41m | ||
| 100% | -0.03% | -1.17% | -7.43% | 5.78m | ||
| 100% | +0.10% | +2.02% | +5.58% | 4.51m | ||
| 100% | <0.0001% | +0.04% | -0.01% | 1.72m | ||
| 100% | +0.06% | +5.02% | +6.50% | 1.61m | ||
| 100% | >-0.0001% | -0.01% | -0.10% | 1.21m | ||
| 100% | +0.00% | +0.26% | -2.29% | 68,624.49 | ||
| 100% | +0.00% | +1.38% | +0.90% | 54,622.22 | ||
| Abracadabra Bridge | 100% | +0.00% | +0.00% | +0.17% | 20,432.12 | |
| 100% | +0.00% | +0.00% | +0.00% | 10,778.34 | ||
| 100% | +0.00% | +0.00% | +0.00% | 6,420.15 | ||
| Abracadabra Bridge | 100% | +0.01% | +0.21% | +0.42% | 5,851.42 | |
| Abracadabra Bridge | 100% | +0.01% | +0.01% | +0.01% | 2,371.27 | |
| -100.00% | 0 |