MIMSwap has introduced two new pools on the Arbitrum network, offering substantial rewards in ARB tokens. The MIM/USDC pool has been allocated 30,000 ARB, while the MIM/USDT pool received 15,000 ARB. These pools are part of the STIP bridge ARB rewards program and are now available for users. The new offerings provide an opportunity for stablecoin yield farming, with potential returns exceeding 50% APY. Participants can earn rewards in both SPELL and ARB tokens. This development follows MIMSwap's recent expansion to other networks and the growing success of its existing pools on various platforms.
๐ง๐ผโโ๏ธ! @MIMSwap is now deployed on @KAVA_CHAIN!โ๏ธโ๐ฅ Enjoy $KAVA rewards on our first $MIM - $USDT pool now, currently sitting above the 137% mark!๐ฆ๐๐ป app.abracadabra.money/#/pool/1/2222 20,000 $KAVA tokens have been deposited for the first week, with more coming SOON โข๏ธ!๐
๐ง๐ผโโ๏ธ! The $MIM - $fxUSD pool on @CurveFinance, launched together with @protocol_fx is now ready for deposits and farmers!๐ฅ Enjoy it!๐๐ป
Have the @MIM_Spell ๐งโโ๏ธ's done some spells on the MIM-fxUSD pool? ๐ Up to 1,600% APY ๐ fx.aladdin.club/earn/
๐ง๐ผโโ๏ธ! Our @arbitrum $MIM - $USDT pool on @MIMSwap has reached more than 1m in TVL in less than 5 days!๐ฅ๐๐ป app.abracadabra.money/#/pool/1/42161 $ARB STIP rewards are gonna be heavily directed towards it as soon as available, get ready!๐ฎ๐
1/๐ง๐ผโโ๏ธ! @MIMSwap stableswap infrastructure is now live on @arbitrum with the first $MIM - $USDT Pool!๐๐ป app.abracadabra.money/#/pool/1/42161 15m $SPELL have been added as LPers rewards, with further ARB rewards coming from the STIP program coming early next week!๐ฅ To join๐๐ป 1๏ธโฃLP on
1/๐ง๐ผโโ๏ธ! @MIMSwap stableswap infrastructure is now live on @arbitrum with the first $MIM - $USDT Pool!๐๐ป app.abracadabra.money/#/pool/1/42161 15m $SPELL have been added as LPers rewards, with further ARB rewards coming from the STIP program coming early next week!๐ฅ To join๐๐ป 1๏ธโฃLP on
๐ง๐ผโโ๏ธ! The first batch of STIP bridge ARB rewards has been deposited in the 2 new @MIMSwap pools available on @arbitrum!๐๐ป๐ฅ MIM/USDC: 30k $ARB MIM/USDT: 15k $ARB Enjoy stablecoin on chain yield above the 50% Mark with rewards in both $SPELL and $ARB๐๐ป app.abracadabra.money/#/pools
Abracadabra Launches V2 with Private DeFi Banking Features
Abracadabra is launching V2, transforming its MIM stablecoin from a basic DeFi tool into a private banking platform. **Key Features:** - Borrow against yield-bearing collateral while maintaining upside exposure - Private spending capabilities - Designed for everyday use The platform aims to bridge DeFi lending with traditional banking convenience. Users can access the full announcement and join the beta waitlist at [abracadabra.money/v2-announcement](https://abracadabra.money/v2-announcement).
V2 Launches on Ethereum with MIM-Only Stablecoin Model
A major network upgrade has arrived on Ethereum, bringing V2 to the platform. **Key Updates:** - V2 is now live on Ethereum mainnet - The stablecoin model continues to support MIM (Magic Internet Money) exclusively - No additional stablecoin options have been introduced in this version This launch represents a significant milestone for the protocol, maintaining its focused approach to stablecoin integration while expanding its technical capabilities on Ethereum.
Revolut Expands Crypto Banking to 66 Countries with Full Account Features
Revolut is rolling out its crypto-enabled banking card across 66 countries, implementing a careful market-by-market approach with compliance safeguards. **Key Features:** - Full bank account functionality, not limited to crypto off-ramping - Gradual deployment with regulatory compliance at each stage - Expansion beyond typical neobank offerings This measured rollout follows Revolut's 2024 entry into a mobilization stage for new banking operations with initial restrictions.
Rehide Launches New Vault System with ZK Encryption and Multi-Device Sync
Rehide has introduced a comprehensive vault system designed to enhance Web3 security and accessibility. **Key Features:** - **Encrypted ZK receipts** and privacy credentials for enhanced transaction privacy - **Multi-device synchronization** for seamless access across platforms - **Passkey support** for modern authentication - **Offline Recovery Kit** for backup security All keys remain end-to-end encrypted, maintaining zero-knowledge architecture. The system builds on Rehide's existing Web3 wallet integration, which already provides secure password storage and encrypted data sharing. Users maintain complete control over their data while benefiting from improved accessibility and recovery options.
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.