Is it ERC20?
Magic Internet Money
MIM
Overview
Magic Internet Money (MIM) is an algorithmic stablecoin pegged to the US Dollar and created by Abracadabra Money. It allows users to borrow liquidity against their interest-bearing crypto assets while maintaining exposure to yield-generating opportunities. MIM leverages overcollateralization and unique debt mechanisms to sustain its peg.
Key Features
Stability
Pegged 1:1 to the US Dollar
Wide Adoption
Available on multiple blockchains
Market Information
Total Supply
3807822205
Market Position
Leading Stablecoin
Technical Details
Token StandardERC-20, TRC-20, BEP-20
Launch Date2014
IssuerTether Limited
Integration Projects
Abracadabra Money
Visit →The core platform where users can mint MIM by depositing interest-bearing tokens as collateral.
MIM Vaults
Visit →Decentralized vaults that integrate with various DeFi protocols to optimize yield using MIM.
Liquid Staking Integrations
Visit →Collaborations with liquid staking protocols that unlock additional value from staked assets.