Abracadabra DAO has expanded its cross-chain capabilities by launching SPELL token support on the Nibiru beam bridge. This integration enables users to seamlessly transfer SPELL tokens between Ethereum, Nibiru, and other supported blockchain networks.
The expansion follows the successful launch of MIM (Magic Internet Money) on Nibiru Chain in May 2025, which introduced omnichain stablecoin functionality using LayerZero technology.
Key Features:
- Direct token transfers without wrapping
- Cross-chain compatibility
- Enhanced capital efficiency
- Simplified user experience
Users can access the beam bridge at Abracadabra's Beam Portal
๐งโโ๏ธ! The Nibiru beam has officially launched on @MIM_Spell! You can now move SPELL between ETH, Nibiru and the other supported ecosystems!ย ๐ช This major expansion marks another milestone for the Abracadabra DAO, showcasing unstoppable momentum and the true composability of
MIMSwap Launches on Nibiru Chain
Abracadabra's MIMSwap has launched on Nibiru Chain, introducing their stablecoin AMM technology to the ecosystem. The platform offers: - Low-slippage trading specifically optimized for stablecoins - Capital-efficient swap mechanisms - Integration with Nibiru's high-performance DeFi infrastructure This follows the recent $MIM token launch on Nibiru via LayerZero's Beaming technology, enabling cross-chain transfers with networks like Ethereum and Arbitrum. The team plans to introduce new liquidity provision opportunities and expand omnichain integrations. To access MIM on Nibiru, users can utilize the [Beam portal](https://app.abracadabra.money/#/beam) for seamless cross-chain transfers.
MIM Stablecoin Launches on Nibiru Chain with LayerZero Integration
Abracadabra Money's $MIM stablecoin has officially launched on Nibiru Chain, featuring seamless cross-chain transfers via LayerZero's Beaming technology. Key features: - Direct transfers between Ethereum, Arbitrum, and other chains - No wrapping or bridging required - Enhanced capital efficiency through omnichain functionality How to use: 1. Visit [Beam portal](https://app.abracadabra.money/#/beam) 2. Select source chain 3. Choose Nibiru as destination 4. Connect wallet and initiate transfer This integration follows a community proposal from December 2023 that outlined infrastructure deployment plans for both $MIM and MIMSwap on Nibiru Chain.
MIM_Spell Launches on Nibiru Chain with Full Suite of DeFi Services
Abracadabra Money's MIM_Spell has officially launched on Nibiru Chain, introducing multiple DeFi capabilities: - MIMSwap Technology integration - SPELL token rewards system - MIM cauldrons deployment - Leveraged yield farming features This launch follows the December 2023 proposal for infrastructure-wide deployment of MIM and MIMSwap on Nibiru. The integration brings comprehensive DeFi functionality to the Nibiru ecosystem. [Read the full announcement](https://mirror.xyz/0x5744b051845B62D6f5B6Db095cc428bCbBBAc6F9/8M3Ph5acSG8_YQYbClyNYGa6c6NNLCegvNFEZ8dYBwU)
Abracadabra DAO to Incubate PurrSwap on HyperEVM
Abracadabra Money DAO announces plans to incubate PurrSwap, a new AMM built on MIMSwap technology for the HyperEVM ecosystem. Key developments: - PurrSwap will focus initially on stable asset exchanges - Volatile trading pairs planned post-mainnet launch - Integration with Abracadabra cauldrons forthcoming - VE(3,3) tokenomics model to be implemented The partnership aims to establish PurrSwap as the primary liquidity hub for HyperEVM, leveraging Abracadabra's existing technology to capture trading volume and provide deep liquidity pools. [Learn more about the proposal](https://forum.abracadabra.money/t/aip-67-strategic-incubation-of-purrswap-hyperevm-dex/4893)