User's Documentation
Abracadabra English 🇬🇧
Abracadabra English 🇬🇧
  • 🧙‍♂️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
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Introduction

NextCauldrons

Last updated 1 month ago

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

Abracadabra unlocks the capital of interest bearing assets, allowing users to take on USD-denominated loans while their collateral keeps earning yield. Abracadabra also offers staking strategies, which allows non-yielding assets to start earning yield in a very simple, secure and efficient way.

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

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

🧙‍♂️
Abracadabra.money
Discord
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Borrow MIM

Leverage with MIM

Stake - Yield

Beam MIM - Bridging

Security

Contract deployment addresses