Last Updated on February 14, 2023 by Paganoto
What is Magic Internet Money (MIM)? – Coin Rivet
What is Magic Internet Money (MIM)? – Coin Rivet
Magic Internet Money, fondly known as MIM, is the stablecoin for Abracadabra protocol and is backed by interest-bearing tokens (ibTKNS). 'ibTKNs' are specifically selected because they accumulate interest and will continue to increase the price over time based on market predictions, thereby improving profits.
The Magic Internet Money (MIM) Stablecoin – Gemini
The Magic Internet Money (MIM) Stablecoin – Gemini
Here’s how minting MIM works: When you deposit assets into the protocol, you receive magic internet money tokens in return, which are fully collateralized …
Magic Internet Money – MIM Price – Gemini
Magic Internet Money – MIM Price – Gemini
MIM is a USD soft-pegged stablecoin minted by the Abracadabra.money decentralized platform. Abracadabra uses interest-bearing tokens as collateral to mint …
Magic Internet Money (MIM) – The Giving Block
Magic Internet Money (MIM) – The Giving Block
MIM is a stablecoin that is soft-pegged to the US Dollar and minted by the Abracadabra.money decentralized lending platform. Abracadabra uses interest-bearing …
Abracadabra Money: SPELL, MIM, and DeFi 2.0
Abracadabra Money: SPELL, MIM, and DeFi 2.0
Algorithmic stablecoins such as MIM are issued and burned from the circulating supply to keep their value pegged to the $1 mark. When a user …
How to buy Magic Internet Money (MIM) – Finder.com
How to buy Magic Internet Money (MIM) – Finder.com
You can buy Magic Internet Money (MIM) on a cryptocurrency exchange like Gemini. These specialized marketplaces allow you to buy and sell …
Abracadabra.money (SPELL + MIM) – DYOR Crypto Wiki
Abracadabra.money (SPELL + MIM) – DYOR Crypto Wiki
How it works · Number of times collateral received · Magical Internet Money is minted · Magical Internet Money is converted into tokens · The tokens are deposited …
$MIM: Is Abracadabra's Magic Internet Money Stablecoin …
$MIM: Is Abracadabra's Magic Internet Money Stablecoin …
$MIM, or Magic Internet Money, was created out of the need for a decentralized stablecoin that could be easily used cross-chain. Furthermore, $ …
MIN and SPELL Token: Abracadabra Money Explained
MIN and SPELL Token: Abracadabra Money Explained
How Does Magic Internet Money (MIM) Work? … Abracadabra allows its users to pledge other cryptocurrencies as collateral, giving them a supply of …
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