MIM

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A very short and simple, but very sweet tip on how to cover 50% of your DEFI INVESTMENTS against IMPERMANENT LOSS

4 Jan 2022 1 minute read 1 comment Defi Degsy

Simply use a Stable coin like USDT or USDT FOR YOUR PAIRING, even Magic Internet Money or MIM, then only 50% of your Crypto is exposed to impermanent loss, which is simply the price of the staked coin going down. It's not as bad as it sounds because...

A very short and simple, but very sweet tip on how to cover 50% of your DEFI INVESTMENTS against IMPERMANENT LOSS

MIM(Magic Internet Money) ≠ MIM(MIM)

25 Dec 2021 2 minute read 0 comments excelencia

What is Magic Internet Money(MIM)? MIM is a USD soft-pegged stablecoin minted by the Abracadabra.money decentralized platform. Abracadabra uses interest-bearing tokens as collateral to mint MIM. Interest-bearing tokens that can currently be used as...