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Apr 19

Abracadabra Roundup

Post-Hack RecoveryAfter the hack, Abracadabra has continued to reinforce the MIM peg by quickly paying back half the hack and pledging to pay back the remainder over time. Tactically, Abra has continued to bribe LPs and maintain the high APYs offered on MIMSwap.These moves have helped to stabilize the peg and make sure MIM continues to trade at $1. In this chart you can see the 3crv deposits coming in from LPs showing their confidence in MIM after the hack.All SPELL staking rewards are on pau...
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