Evaluation
'24-07-27 03:38
$0.0008
(+28%)
Top54%
Market cap (cir.)
$99.83M
Market price
$0.0007
Evaluation price
$0.0008 (+28%)
Evaluation by factors
$0.0008
Average
$0.001
Value
$0.0007
Growth
$0.0008
Momentum
$0.0007
Quality
$0.001
Native
Abracadabra is a non-custodial stablecoin protocol built on Ethereum and other adjacent blockchains. Abracadabra was founded by Daniele Sestagalli and launched in 2021.Overcollateralized borrowers deposit funds into Abracadabra and receive MIM stablecoin.SPELL tokenholders own and govern the protocol. Currently, the interest and borrowing fees paid by borrowers (revenue) are shared between tokenholders and the project treasury.