Abracadabra

Abracadabra lends MIM (Magic Internet Money) and MIG (Magic Internet Gold), the platform's native stablecoins, in exchange for collateralized crypto assets borrowed from users.

Participants can earn interest by supplying collateralized assets, while the collateral funds continue to generate yield at the same rate as they would have if they remained in the borrowers' wallets.

For developers, the platform offers an analytics tool that can be accessed to review protocol data and related metrics.