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% | <0.0001% | -0.81% | -2.89% | 13.29m | ||
| 100% | <0.0001% | +1.02% | +13.84% | 5.87m | ||
| 100% | <0.0001% | +0.48% | -8.91% | 5.21m | ||
| 100% | -0.01% | +1.08% | +11.11% | 1.94m | ||
| 100% | >-0.0001% | +0.14% | -0.08% | 1.72m | ||
| 100% | >-0.0001% | >-0.0001% | -0.17% | 1.21m | ||
| 100% | >-0.0001% | >-0.0001% | +0.14% | 69,171.98 | ||
| 100% | +0.50% | +1.40% | -3.16% | 54,862.37 | ||
| Abracadabra Bridge | 100% | -0.00% | +0.97% | +0.97% | 20,629.88 | |
| 100% | +0.00% | +0.00% | +0.00% | 10,778.34 | ||
| Abracadabra Bridge | 100% | -0.00% | +2.33% | +12.98% | 6,633.95 | |
| 100% | +0.00% | +0.00% | +0.00% | 6,420.15 | ||
| Abracadabra Bridge | 100% | -0.01% | -0.01% | +61.35% | 3,825.65 | |
| 0 |