Abracadabra
Abracadabra.money mesmerizes the crypto world with its decentralized lending prowess.
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What is Abracadabra?
Abracadabra is a lending platform that allows users to borrow MIM (Magic Internet Money) and MIG (Magic Internet Gold), the platform’s stablecoins, by providing collateral in the form of crypto-assets. By keeping their assets liquid, users can earn interest while the collateral funds continue to generate yield at the same rate as if they were still in the borrowers’ wallets. Additionally, developers have access to an analytics tool for their convenience.
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