MIM-Abracadabra
Blog iconKumaQina
Oct 18
Project Description Abracadabra is a lending platform where users can pledge their assets to lend to the project's stable currency Magic Internet Money, or MIM for short. The anchor price of MIM is 1$. The core mechanism of Abracadabra is similar to MakerDAO. The main difference is that the project mainly uses interest-bearing assets as collateral to cast MIM. In addition, the project is more radical in cross-chain deployment and combination with other projects. Currently, Abracadabra ha...

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