Magic Internet Money (MIM)- A Yield-Bearing Stablecoin (Cryptocurrencies)

A look at Abracadabra.money’s SPELL token and magic internet money (MIM), a crypto-collateralized stablecoin that can be minted on several blockchain protocols.

The Magic Internet Money (MIM) Stablecoin

Magic internet money is a stablecoin that is embracing the DeFi mindset of interoperability via the Abracada.money protocol.

Magic Internet Money (MIM): A Yield-Bearing Stablecoin

Abracadabra Money- DeFi Stablecoins via Magic Internet Money and SPELL Tokens (DeFi)

Abracadabra.money is a DeFi platform for crypto lending. Collateralized stablecoin loans on the Abracadabra crypto platform leverage its native SPELL token.

Abracadabra.money: SPELL Token & Crypto Lending

Abracadabra.money issues stablecoin loans in magic internet money (MIM) by collateralizing interest bearing tokens, also known as liquidity provider tokens.

Abracadabra.money: DeFi Stablecoins via MIM and SPELL

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Magic Internet Money (MIM): A Yield-Bearing Stablecoin

Abracadabra.money: DeFi Stablecoins via MIM and SPELL