<aside> 💡 If you aren't familiar with what stablecoins are (and their various types), I highly recommend you to read the Stablecoins article first.


Reading List:

Official Links:

What is Magic Internet Money ($MIM)?

MIM is a decentralized stablecoin that is minted by depositing interest bearing tokens (ibTokens) as collateral. MIM is currently supported on multiple chains, including Ethereum, Fantom and Avalanche.

What can you do on abracadabra.money?

An example: