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About Magic Internet Money
- Deposit Interest-Bearing Assets on abracadabra.money as collateral to borrow stable coin MIM.
- Supported Interest Bearing assets: various types.
- Leverage yielding function available.
- Protocol fees: interest, borrowing fee, and part of liquidation fees.
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Learn more:
https://docs.abracadabra.money/
Introducing Magic Internet Money: A Revolutionary Concept
On abracadabra.money, users have the opportunity to deposit interest-bearing assets, which can subsequently be utilized as collateral to borrow the stablecoin, MIM.
Currently, users have the flexibility to utilize a diverse range of interest-bearing assets, and can also take advantage of the leverage yielding function, thereby amplifying their returns.
The protocol fees are comprised of interest, borrowing fees, and a portion of the liquidation fees.
Delve deeper into the intricacies of Abracadabra by exploring our comprehensive documentation:
https://docs.abracadabra.money/