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% | +0.01% | -0.59% | -10.91% | 12.93m | ||
| 100% | -0.52% | +0.79% | +36.54% | 6.03m | ||
| 100% | -0.37% | -0.37% | -7.00% | 5.44m | ||
| 100% | +2.65% | +2.81% | +24.04% | 1.9m | ||
| 100% | <0.0001% | <0.0001% | +0.30% | 1.72m | ||
| 100% | >-0.0001% | -0.20% | -0.03% | 1.21m | ||
| 100% | +0.00% | +0.00% | +1.84% | 69,706.41 | ||
| 100% | +0.62% | +0.62% | +5.24% | 56,705.77 | ||
| Abracadabra Bridge | 100% | +0.00% | +0.00% | +0.00% | 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% | -0.00% | +0.42% | +9.12% | 6,371.8 | |
| Abracadabra Bridge | 100% | +0.01% | +0.01% | +0.01% | 2,371.27 | |
| 0 |