Abracadabra Money

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Abracadabra Money SPELL: A Magical Dapp and the Home of Magic Internet Money

8 Apr 2022 4 minute read 9 comments 2sats

*obligatory not financial advice*   What is Abracadabra Money? Abracadabra is a magical DeFi protocol that allows you to use interest bearing tokens as collateral to mint a decentralized stablecoin called Magic Internet Money. Some dApps allow you to...

Alternatives for Generating Passive Income on Stablecoins

18 Feb 2022 4 minute read 1 comment Messin' With Cryptos

Let me preface like always that this is not financial advice and that this is for educational and entertainment purposes only. You should definitely do your own research and find out what the best investments are for you.  Why Stable Coins now?  Real...

Abracadabra Degenbox — Let’s cast spell on UST (Convert non yield bearing assets into yield assets and borrow MIM against those)

19 Dec 2021 2 minute read 0 comments EverythingBlockchain

Abracadabra is a magical protocol that casts a spell on your crypto to produce more crypto. Honestly, it performs a magic trick of sorts and makes your crypto work for you. DeFi is ever-expanding with new protocols extending the use cases for the ex...