Staking locks your crypto and earns yield. Liquid staking hands you a tradeable receipt for that locked position, so the same capital …
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Tag:
depeg
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Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below …
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DeFi
Abracadabra.money injects $100K into Curve pool to stem MIM stablecoin depeg
by shayaanby shayaanDecentralized finance protocol Abracadabra.money has moved to stabilize its algorithmic stablecoin, Magic Internet Money (MIM), by injecting $100,000 into its primary liquidity …
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The synthetic dollar stablecoin sUSD has entered a severe depegging crisis, plummeting to $0.7215 according to CoinMarketCap data on March 15, 2025. …
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This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Usual protocol, the shiny new stablecoin on the block, …