Users Mint MIM With Staked Tokens
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jun 26 2024- Users Mint MIM With Staked Tokens:
- Abracadabra platform allows users to mint Magic Internet Money (MIM) by using interest-bearing tokens as collateral.
- Spell Token (SPELL) provides governance rights and a share of protocol fees to users.
- Turkish investors can purchase SPELL token on Binance TR with Turkish Lira.
- Abracadabra's innovative approach enhances liquidity and asset utilization in the DeFi ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
