Magic Internet Money (Optimism) (MIM)

Magic Internet Money (Optimism) (MIM)

Coin Information

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

Fully Diluted Valuation

Coin Supply

Total icon Total: 18 207 115

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About Magic Internet Money (Optimism)

Magic Internet Money (Optimism), with ticker MIM, is a stablecoin developed by Abracadabra.money, an Omnichain DeFi lending platform. It operates by minting MIM against various forms of collateral, utilizing interest-bearing tokens. The value of MIM is pegged to the USD, aiming to maintain a consistent 1:1 ratio. The platform is deeply liquid and battle-tested, providing users with overcollateralized and secure transactions.

SPELL, the governance token of Abracadabra.money, plays a crucial role in the ecosystem. Holders of SPELL have the opportunity to participate in key decision-making processes, influencing the platform’s direction and policies. With SPELL, users can contribute to the platform’s governance while enjoying utility benefits.

Abracadabra.money provides a range of products and tools, including Cauldrons, Farms, and Swap. Cauldrons serve as the core of the platform, offering borrowing, leveraging, and attractive yields. Users can stake SPELL, mSPELL, magicGLP, magicApe, magicLVL, and magicKLP, among other tokens, to earn rewards. The platform is constantly evolving, with an active community and support for various chains.

Frequently Asked Questions

We currently have no price information of Magic Internet Money (Optimism) MIM available.
The circulating supply of Magic Internet Money (Optimism) is 0.
The total supply of Magic Internet Money (Optimism) is 18207115.
The max supply of Magic Internet Money (Optimism) is unknown.
Unfortunately the country of Magic Internet Money (Optimism) is unknown.
Magic Internet Money (Optimism) is a cryptocurrency running on its own blockchain.

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