WhatToFarm
TokenPrice $AgeTVLMkt CapTXSVOL5M1H4H24H
1
$0.356513d 3h 41m$134К$18M0<10%0%0%0%
2
$1.1513d 3h 38m$30К$634M0<10%0%0%0%
3
$0.5004513d 3h 28m$ 8.7К $128M0<10%0%0%0%
4
$0.00353513d 3h 19m$ 6.9К $3.5M0<10%0%0%0%
5
$0.9998513d 3h 24m$ 5.6К $23M0<10%0%0%0%
6
$1,311.49513d 3h 34m$ 5.1К $27M0<10%0%0%0%
7
$1,197.38513d 3h 36m$ 3.5К $276M0<10%0%0%0%
8
$0.03957513d 3h 25m$ 3.3К $10M0<10%0%0%0%
9
$1513d 3h 32m$ 3.0К $22M0<10%0%0%0%
10
$1.59513d 3h 9m$ 2.5К $15M0<10%0%0%0%
11
$0.8288513d 3h 21m$ 1.3К $1.9M0<10%0%0%0%
12
$0.9998513d 3h 39m$ 1.2К $634M0<10%0%0%0%
13
$40.84513d 3h 35m$ 1.2К $363M0<10%0%0%0%
14
$30.17513d 3h 22m$ 1.1К $30M0<10%0%0%0%

What is Abracadabra Money?

Abracadabra Money is a decentralized crypto lending platform that allows users to collateralize digital assets in exchange for stablecoin loans. It uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD pegged stablecoin called Magic Internet Money (MIM). The platform is built on Ethereum.

Abracadabra Money real time data

As of May 26, 2024, there are 21 trading pairs on Abracadabra Money DEX. The TVL (total value locked) is $207,457.66, with a trading volume of $0.00 in 0 transactions with in the past 24 hours.

Frequently Asked Questions

Abracadabra Money was co-founded by Daniele Sestagalli, also known as Daniele Sesta, and an individual known only by the alias "Squirrel". The platform was launched in May 2021. Sestagalli is known for his work in the crypto space with projects such as Wonderland Money, Popsicle Finance, and Magic Internet Money.

Abracadabra Money uses Kashi Lending Technology to provide isolated lending markets, allowing users to adjust their risk tolerance according to the collateral they decide to use. It offers different farming opportunities where users can stake their liquidity provider (LP) tokens to farm SPELL tokens, which are used for incentivization and governance.

Abracadabra Money has three main tokens: SPELL, sSPELL, and MIM. SPELL is the protocol's token used for incentivization, sSPELL is obtained by staking SPELL tokens and used for fee-sharing, and MIM is the stablecoin pegged to the USD.

Hack Awards

ETH Waterloo 2017
ETH Waterloo
2017
ETH Denver 2018
ETH Denver
2018
Proof of Skill Hack 2018
Proof of Skill Hack
2018
ETH Berlin 2018
ETH Berlin
2018
ETH San Francisco 2018
ETH San Francisco
2018
ETH Singapore 2019
ETH Singapore
2019
ETH Denver 2020
ETH Denver
2020
ETH Lisbon 2022
ETH Lisbon
2022

Backers

Etherscan
Smart Contracts Factory
TradingView
Data Provider
T1A
Data Provider
TON
Contributor
VELAS
Ethereum Foundation
Core Devs Meeting
2017-19
XLA
MARS DAO
Xsolla
CRYPTORG
Plasma finance
12 Swap
Partner
Chrono.tech