The team at Abracadabra is extremely concerned at the present moment. It has earnestly reached out to SushiSwap, to effectively carry out all of the necessary alterations in terms of two of its Bento ...
Tag: Abracadabra
MIM stablecoin slightly loses dollar parity amid fears of partial FTT backing
The Magic Internet Money (MIM), a stablecoin issued by Abracadabra Money, has slightly lost its parity with the US dollar. The MIM stablecoin fell to as low as $0.95 before rebounding to $0.98 as of 5...
Abracadabra Seeks Return to Magic With NFT Lending Market
Key Takeaways The largely written-off DeFi lending protocol Abracadabra has announced a new lending marketplace for NFT-collateralized loans dubbed AbraNFT. The new peer-to-peer marketplace will allow...
Terra, Abracadabra Stablecoins “Are Going to Zero”: Maker Founder
Key Takeaways MakerDAO founder Rune Christensen has called out rival stablecoin protocols Terra and Abracadabra.Money. He said that UST and MIM are “not built for resilience,” adding that ...