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On: February 14, 2022 Comments: 0

Magic Internet Money

Users can deposit Interest-Bearing Assets on abracadabra.money, and use those as collaterals to borrow the stable coin MIM.

Users can currently use a variety of Interest Bearing assets, and can also use the leverage yielding function here!

The protocol fees are given by the interest, borrowing fee, as well as part fo the liquidation fees!

Find out more on abracadabra in detail here: https://docs.abracadabra.money/