Abracadabra Launches Single-Sided gmCauldrons on Arbitrum
Abracadabra Launches Single-Sided gmCauldrons on Arbitrum
🧙♂️ New Cauldrons Just Dropped
Abracadabra Money has launched new Single-Sided gmCauldrons on Arbitrum, featuring:
- 1M MIM cap for each cauldron (gmBTC and gmETH)
- Chainlink oracle integration for BTC/ETH pricing
- Fixed interest rates
- Yield exposure while leveraging positions
The new cauldrons allow users to leverage their gmBTC and gmETH positions while maintaining exposure to underlying yield generation. This launch follows previous successful gmCauldron implementations on Arbitrum.
🧙🏼♂️! @ethena 🤝🏼 @MIM_Spell 🤝🏼 @chainlink Our ENA cauldron on @arbitrum is now live and ready to roll!🔥 Mint MIM using ENA as collateral natively on Arbitrum, powered by @chainlink price feeds!👇🏻 app.abracadabra.money/#/market/42161…
1/🧙🏼♂️! @elixir 🤝🏼 @MIM_Spell Our $sdeUSD V2 cauldron just received a 2m top up!🔮 Farm up to 120% base APY + Elixir's Potions, all in one place!🧪 app.abracadabra.money/#/market/1/44?… $sdeUSD top ups are selling our fast, so act accordingly!👀🔥👆🏻
🧙🏼♂️! @elixir 🤝🏼 @MIM_Spell sdeUSD base APY is currently sitting above the 38% mark, which adds up to a staggering 220% when using the looping function of the sdeUSD cauldron!🔮 Additionally, your leveraged sdeUSD deposit is also farming Elixir's potion points!🔥👇🏻
🧙🏼♂️! As per SAIP #52.1, our treasury just diversified our treasury farming opportunities into👇🏻 1️⃣ $4m USDT and USDC into MIM-3Crv Liquidity Pool via @StakeDAOHQ and @ConvexFinance 2️⃣ $2m USDT into MIMSwap’s deUSD/MIM Pool @elixir 3️⃣ $1m into USDS staking rewards for $SKY
📊 @MIM_Spell treasury deposited $2M of $MIM on Onlyboost to collect max boosted @CurveFinance $CRV rewards. Showcasing Stake DAO's complete yield optimization suite: • Incentivize on Votemarket • Deposit LP into target gauges • Collect max boosted $CRV rewards on Onlyboost
🧙🏼♂️! Our Single-Sided gmCauldrons are now live on @arbitrum with 1m MIM caps each ready for you to loop up this dip!🔥 @GMX_IO 🤝🏼 @MIM_Spell 🤝🏼 @chainlink Leverage up on your single sided gmBTC and gmETH while remaining exposed to the yield produced, and paying fixed interest
🧙🏼♂️! Our $ZRO cauldron is now live using @chainlink price feeds!🔥 @MIM_Spell 🤝🏼 @LayerZero_Core 1m $MIM are available to be minted on @arbitrum!🔮 Mint it now!👇🏻 app.abracadabra.money/#/market/42161…
🧙🏼♂️! 190% base APY and 29.9x Potion farming!👀🔮 Our staked deUSD cauldron just got a $2M MIM top-up!🔥 1️⃣ Get deUSD on Curve: curve.fi/#/ethereum/poo… 2️⃣ Stake on Elixir in the Apothecary:: elixir.xyz/apothecary 3️⃣ Loop your $MIM position against your staked deUSD to
🧙🏼♂️! Emissions are ramping up to fuel the $MIM looping engine!🔥 Get ready for some boosted APYs for you $USDC, $USDT and $DAI!🔮
📊 @MIM_Spell deposits $240K on Votemarket to incentivize both $veCRV and $vlCVX votes for the @CurveFinance $MIM pool. One of the largest vote incentives ever deposited on Stake DAO Votemarket!
🧙🏼♂️! The largest single top up for our $sdeUSD cauldron just happened!🔥🔮 5m $MIM are available to be minted by @elixir's users!👀🔮 app.abracadabra.money/#/market/1/44?… $sdeUSD top ups are selling our fast, so act accordingly!👀🔥👆🏻
1/🧙🏼♂️! @elixir 🤝🏼 @MIM_Spell Our $sdeUSD V2 cauldron just received a 2m top up!🔮 Farm up to 120% base APY + Elixir's Potions, all in one place!🧪 app.abracadabra.money/#/market/1/44?… $sdeUSD top ups are selling our fast, so act accordingly!👀🔥👆🏻
🧙🏼♂️! @GMX_IO 🤝🏼 @MIM_Spell Our gmCauldrons on Arbitrum are getting a fresh top-up soon, and the reduced borrow fee is live! 🔥 app.abracadabra.money/#/cauldrons Mint and loop seamlessly with gmBTC, gmETH, and gmSOL natively on @arbitrum – all with just a 0.3% minting fee! 🔮
🧙🏼♂️! Another 1.8m top up just happened for gmBTC after the selling out of the previous one!👀 Get ready to roll!👇🏻 app.abracadabra.money/#/market/42161…
🧙🏼♂️! Our gmCauldrons are selling out fast, with just a few millions MIM available for our $gmSOL and $gmETH market!🔥 A new top up may be coming soon Anon, stay ready!👀 @GMX_IO
Abracadabra Launches V2 with Private DeFi Banking Features
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Rehide Launches New Vault System with ZK Encryption and Multi-Device Sync
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Abracadabra V2 Introduces Six-Step Privacy-Enhanced Borrowing Flow
Abracadabra Money has unveiled its V2 platform featuring a streamlined six-step process for privacy-focused DeFi borrowing: - **Add collateral** to secure your position - **Borrow MIM** (Magic Internet Money) stablecoin - **Route through ZK privacy pool** for enhanced transaction privacy - **Spend or repay** with flexible options - **Vault-backed receipts** for proof of holdings - **Full controls in one app** for simplified management The new version integrates zero-knowledge privacy technology directly into the borrowing workflow, allowing users to maintain confidentiality while accessing DeFi lending services. All operations are managed through a single unified interface.