User's Documentation
Abracadabra English 🇬🇧
Abracadabra English 🇬🇧Abracadabra Spanish 🇪🇸Abracadabra Turkish 🇹🇷Abracadabra Portuguese 🇧🇷Abracadabra Italiano 🇮🇹Abracadabra Chinese 🇨🇳
Abracadabra English 🇬🇧
Abracadabra English 🇬🇧Abracadabra Spanish 🇪🇸Abracadabra Turkish 🇹🇷Abracadabra Portuguese 🇧🇷Abracadabra Italiano 🇮🇹Abracadabra Chinese 🇨🇳
  • 🧙‍♂️Introduction
  • Using Abracadabra
    • Cauldrons
      • Borrow
      • Leverage
        • GMX V2 Cauldrons
      • Deprecated Markets
      • Liquidations
    • My Positions
    • Stake
      • sSPELL
      • mSPELL
      • magicGLP
      • magicAPE
      • magicLVL
    • Tools
      • Markets
      • Farms
      • Swap
      • MIM Beaming
    • ✨ Blast Gold Points ✨
    • MIMSwap
      • Swapping assets
      • Providing Liquidity
  • Tokens
    • Tokenomics
    • Omnichain MIM
  • Our Ecosystem
    • Bug Bounties
    • Governance
    • Our Contracts
    • Useful Links
    • Marketing Material
  • 🤖Developers Documentation
Powered by GitBook
On this page

Introduction

NextCauldrons

Last updated 1 year ago

Abracadabra.money is a Omnichain DeFi lending platform that works its magic by utilizing interest-bearing tokens as collateral to mint Magic Internet Money, a USD-Denominated stablecoin.

A lot of assets today are interest-bearing, Abracadabra unlocks the capital of these assets allowing users to take out USD-denominated loans while the collateral keeps earning yield. Abracadabra also offers staking strategies allowing non-yielding assets to start earning yield in a very simple and efficient way.

Abracadabra offers multiple services to its users, each section will explain how these product work.

If you still have any questions or issues, feel free to ask us anything on Discord or telegram.

🧙‍♂️

Borrow MIM

Leverage with MIM

Stake - Yield

Beam MIM - Bridging

Security

Contract deployment addresses