Magic Internet Money (Linea) (MIM)

Magic Internet Money (Linea) (MIM)

Coin Information

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

Fully Diluted Valuation

Coin Supply

Total icon Total: 6 281

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About Magic Internet Money (Linea)

Magic Internet Money (Linea), also known as MIM, is a USD-Denominated stablecoin minted on the Abracadabra.money platform. This platform is an Omnichain DeFi lending platform that utilizes interest-bearing tokens as collateral. MIM operates as a stablecoin with its value pegged to the USD, maintaining a consistent 1:1 ratio. This stability is achieved through backing by interest-bearing tokens, making it a reliable and secure digital asset.

In addition to its stablecoin functionality, MIM is supported by SPELL, a utility and governance token. SPELL holders have the opportunity to participate in key decision-making processes, influencing the direction and policies of the Abracadabra.money platform. This integration ensures the continued development and growth of the ecosystem, allowing users to have a say in its future.

Abracadabra.money offers a range of products and tools to enhance the DeFi experience. The platform’s core Cauldrons allow users to borrow, leverage, and enjoy the best yields on the market. On top of that, there are various Farms and Staking options where users can earn rewards. With an overcollateralized model, Omnichain support, deep liquidity, and battle-tested features, MIM and the Abracadabra.money platform provide a robust and reliable DeFi solution.

Frequently Asked Questions

We currently have no price information of Magic Internet Money (Linea) MIM available.
The circulating supply of Magic Internet Money (Linea) is 0.
The total supply of Magic Internet Money (Linea) is 6281.
The max supply of Magic Internet Money (Linea) is unknown.
Unfortunately the country of Magic Internet Money (Linea) is unknown.
Magic Internet Money (Linea) is a cryptocurrency running on its own blockchain.

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