Magic Internet Money (Fantom) (MIM)

Magic Internet Money (Fantom) (MIM)

Coin Information

Unkown Country Icon Unknown Country
Ticker icon Ticker: MIM
Type icon Type: Unknown

Fully Diluted Valuation

Coin Supply

Total icon Total: 9 971 266

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About Magic Internet Money (Fantom)

Magic Internet Money (Fantom), with ticker MIM, is a stablecoin operating on the Abracadabra.money platform. It utilizes various forms of collateral, including interest-bearing tokens, to mint MIM, which is pegged to the USD at a 1:1 ratio. The platform is an Omnichain DeFi lending platform that allows users to borrow, leverage, and earn yields through its Cauldrons feature. It also incorporates SPELL as a utility and governance token, providing holders with the ability to participate in key decision-making processes.

MIM operates as a stable and reliable currency, backed by interest-bearing tokens, ensuring its value remains consistent. This stablecoin is minted on the Abracadabra.money platform, which serves as an omnichain DeFi lending platform. By utilizing various forms of collateral, users can borrow, leverage, and earn yields on their investments through the Cauldrons feature. Additionally, holders of SPELL, the platform’s utility and governance token, have the opportunity to influence the platform’s direction and policies.

Abracadabra.money offers a range of products and tools to its users. The Cauldrons feature acts as the core of the platform, providing opportunities for borrowing, leveraging, and earning attractive yields. Users can also engage with the Farms feature to stake and earn rewards with tokens such as sSpell, mSpell, magicGLP, magicApe, magicLVL, and magicKLP. The platform also offers convenient tools like the Swap and Beam functionalities. As a battle-tested platform, Abracadabra.money prides itself on its overcollateralization, deep liquidity, and Omnichain capabilities.

Frequently Asked Questions

We currently have no price information of Magic Internet Money (Fantom) MIM available.
The circulating supply of Magic Internet Money (Fantom) is 0.
The total supply of Magic Internet Money (Fantom) is 9971266.
The max supply of Magic Internet Money (Fantom) is unknown.
Unfortunately the country of Magic Internet Money (Fantom) is unknown.
Magic Internet Money (Fantom) is a cryptocurrency running on its own blockchain.

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