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The Counterparty

Abracadabra Money company

Company · PageRank 0.0008

Overview

Abracadabra Money operates a decentralised lending protocol that creates the stablecoin MIM (Magic Internet Money), which is collateralised by interest-bearing tokens. Participants supply yield-bearing assets, including wrapped iterations of liquidity-provider tokens, to take out loans in MIM. The system facilitates leveraged exposure to yield-producing positions across decentralised finance.

Within The Counterparty graph, Abracadabra Money connects to 1 tracked entity, most strongly to Magic Internet Money.

Relations

Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).

RelationConnected entityConfidence
issued_byMagic Internet Money95%

Frequently asked questions

What is Abracadabra Money?

Abracadabra Money is a company tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to Magic Internet Money.

What type of entity is Abracadabra Money?

Abracadabra Money is classified as a company (company) in The Counterparty knowledge graph.

What is Abracadabra Money connected to?

In The Counterparty knowledge graph, Abracadabra Money is linked to 1 other tracked entity, most strongly to Magic Internet Money.