Abracadabra.Money’s stablecoin, Magic Internet Money (MIM), has surged past a $1-billion total supply this month as the project works to provide competition to MakerDAO.
Abracadabra is a cross-chain stablecoin lending protocol that operates on , Binance Smart Chain (BSC), Fantom, and Arbitrum. Along with MIM, the project also has a SPELL governance token that can be staked on the protocol.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Read More: Magic Internet Money races past $1B, sets sights on MakerDao By