[フレーム]

Researched coins: 1,511

Exchanges: 1,028

Market Cap: 3.3T

24h Vol: 202.3B

PiedPiper

Open menu Close menu

Overview
Utility & Use Cases
Tech & Features
Fundraising
Roadmap
Security
FAQ

Magic Internet Money (Ethereum) Price, Live Chart & Market Cap

Magic Internet Money (Ethereum): A Collateralized Stable for DeFi & Beyond

Overview of Magic Internet Money (Ethereum)

Magic Internet Money (Ethereum) is built to let users borrow against their yield-bearing assets. It stays pegged to the US dollar through active liquidations and collateral checks. Magic Internet Money (Ethereum) circulates on Ethereum as a stable medium for lending, trading, and cross-chain DeFi integration. Through steady collateralization, Magic Internet Money (Ethereum) aims for consistent value in dynamic crypto markets.

[画像:Magic Internet Money (Ethereum): A Crypto-Backed Stablecoin]

Utility & Use Cases MIM

[画像:Collateralized Borrowing]

Collateralized Borrowing

Users deposit yield-bearing tokens to mint Magic Internet Money (Ethereum) without selling assets. This opens liquidity for trading or profit opportunities.

[画像:Leveraged Yield Farming]

Leveraged Yield Farming

Farmers can borrow MIM, re-invest in more collateral, and loop for amplified yields. Risk management tools help keep positions safer.

[画像:Liquidity Provision]

Liquidity Provision

Magic Internet Money (Ethereum) can be pooled on DEXs to earn fees. Providers help stabilize the token’s dollar peg while earning rewards.

Magic Internet Money (Ethereum) Technologies Overview

[画像:Cross-Chain Compatibility]

Cross-Chain Compatibility

LayerZero technology moves Magic Internet Money (Ethereum) seamlessly among multiple networks, supporting flexible DeFi strategies.

[画像:Over-Collateralization]

Over-Collateralization

All MIM tokens are backed by crypto assets. Liquidation triggers protect Magic Internet Money (Ethereum) from extreme market swings.

[画像:Efficient Transactions]

Efficient Transactions

On Ethereum and Layer-2 solutions, Magic Internet Money (Ethereum) aims to keep transfers relatively quick for everyday DeFi usage.

[画像:Smart Contracts]

Smart Contracts

Audited protocols automate borrowing, interest accrual, and collateral checks. This reduces reliance on central intermediaries.

Funding

Magic Internet Money (Ethereum) had no ICO. Collateral-based minting shaped its supply. In 2023, Abracadabra secured a 1ドル.21 million grant from the Arbitrum Foundation to enhance MIM’s cross-chain expansion.

Roadmap

Omnichain Upgrades

Further refine cross-chain functionality for frictionless MIM transfers. Enhance LayerZero integrations and reduce bridging costs.

Collateral Expansion

Introduce safer, more liquid collateral assets. Strengthen over-collateralization rules to mitigate market risks.

Security Enhancements

Host additional audits and bug bounty programs. Implement swift liquidation pools and advanced contract checks to protect MIM users.

Magic Internet Money (Ethereum) Security & Audit Reports

Magic Internet Money (Ethereum) relies on thorough smart contract reviews and bug bounties. Multiple exploits influenced stricter audits and improved liquidation processes. These measures aim to defend MIM’s peg against unforeseen risks.

FAQ

How to borrow MIM with collateral?

Deposit approved tokens on Abracadabra, choose a safe loan-to-value ratio, and mint Magic Internet Money (Ethereum).

How to create a leverage strategy using MIM?

Borrow MIM, swap it for more collateral, then re-deposit. Repeat cautiously to amplify yields while monitoring liquidation risks.

Is Magic Internet Money (Ethereum) backed by fiat?

No. It is secured by crypto deposits rather than fiat reserves, ensuring decentralized collateralization.

Does MIM work with popular DeFi wallets?

Yes. Most Ethereum-compatible wallets support Magic Internet Money (Ethereum) for storage and transactions.

Can I stake Magic Internet Money (Ethereum)?

Direct staking doesn’t apply, but you can earn yields by lending or providing liquidity in DeFi pools.

What makes MIM different from other stablecoins?

It’s focused on leveraging yield-bearing collateral, offering flexibility across chains through LayerZero technology.

Top Crypto Exchanges to Trade Magic Internet Money (Ethereum) (MIM)

#	Exchange	Pair	Price	24h Volume
1	[画像:Sushiswap exchange] Sushiswap	0X99D8A9C4.../0XC02AAA39...	~0ドル.0004	141ドル.32
2	[画像:Curve (Ethereum) exchange] Curve (Ethereum)	0X6C3F90F0.../0X99D8A9C4...	~1ドル.036	143,442ドル
3	[画像:Sushiswap exchange] Sushiswap	0X99D8A9C4.../0X090185F2...	~1,783ドル.099	69ドル.93
4	[画像:Curve (Ethereum) exchange] Curve (Ethereum)	0X08578063.../0X99D8A9C4...	~1ドル.000075	425ドル.62
5	[画像:Curve (Ethereum) exchange] Curve (Ethereum)	0X99D8A9C4.../0XA47C8BF3...	~48ドル.6	110ドル.3

Magic Internet Money (Ethereum)

Magic Internet Money (Ethereum) MIM Price

#1250

1ドル

-0.069%

Market Cap

Market capitalization of Magic Internet Money (Ethereum) (MIM) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation

55,578,458ドル

Fully Diluted Variation

Fully diluted valuation of Magic Internet Money (Ethereum) (MIM) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached

174,798,319ドル

24 Hour Trading Vol

24-hour trading volume shows the total amount of Magic Internet Money (Ethereum) (MIM) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token

24,101ドル

Circulating Supply

Circulating supply shows the number of Magic Internet Money (Ethereum) (MIM) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded

55,611,860

Total Supply

Total supply represents all Magic Internet Money (Ethereum) (MIM) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future

174,903,370.23

Info

Contract

Ethereum Network 0x99d...f1e17f3

Copied

MetaMask

Whitepaper

No data

Explorers

Etherscan Etherscan