Abracadabra

What is Abracadabra

Abracadabra.money is a decentralized crypto lending platform.

What is Abracadabra?

Abracadabra lends MIM (Magic Internet Money) and MIG (Magic Internet Gold), the platform's native stablecoins in exchange for collateralized crypto-assets. Users can make interest by bearing assets liquid and collateral funds continue to yield at the same rate as they would if they remained in the borrowers' wallets. Developers can use the analytics tool available.

Abracadabra Alternatives:

Angle
Angle

Angle is a Defi stablecoin lending protocol powered by its own stablecoin, agEUR.

Beanstalk
Beanstalk

Beanstalk is a credit-based, algorithmic and decentralized stablecoin issuance protocol.

Liquity
Liquity

As a decentralized borrowing platform, Liquity offers interest-free loans on collateralized ETH.

MakerDAO
MakerDAO

Generates DAI, the world's first unbiased currency and a leading decentralized stablecoin.

Mimo
Mimo

DeFi protocol that offers the first EUR over-collateralized token, called PAR.

mStable
mStable

Decentralized, non-custodial platform that allows users to swap and gain yields on stablecoins.