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Frequently asked questions
What is Magic Internet Money?
Magic Internet Money (MIM) is a decentralized, collateral-backed stablecoin that operates on multiple blockchains, including Avalanche. It is designed to maintain a value pegged to the US dollar. Users can generate MIM by depositing interest-bearing tokens as collateral within the Abracadabra.money DeFi platform, which then allows for leveraged yield farming.
What chain is Magic Internet Money on?
Magic Internet Money is on Avalanche.
How many holders does Magic Internet Money have?
Magic Internet Money has 2,348 holders.
What is the current price of Magic Internet Money?
The current price of Magic Internet Money is $0.05.
What is the TokenGems score of Magic Internet Money?
The TokenGems score of Magic Internet Money is 45. A 0–100 quality rating computed from price performance, holder distribution, trading volume, and community activity.