MIMSwap Launches on Blast L2 with GOLD Rewards Program
MIMSwap Launches on Blast L2 with GOLD Rewards Program
🧙♂️ MIMSwap Sneaks onto Blast
MIMSwap has officially launched its user interface on Blast L2, establishing the first $MIM swapping platform on the network. The deployment comes after recent proposals to expand MIM issuance and scale markets.
Key updates:
- MIMSwap UI now live on Blast L2
- First-ever $MIM swapping capability on Blast
- Upcoming GOLD token distribution for liquidity providers
- 20% of GOLD allocation reserved for Founders
The launch follows Nibiru Chain's infrastructure proposal for MIM and MIMSwap deployment, indicating continued expansion across networks.
🧙🏼♂️! Two new proposals are live on our Forum to increase $MIM issuances and scale markets up!🆙 Check them out👇🏻
🧙🏼♂️! @NibiruChain posted a proposal on our forum to finalise a infrastructure wide deployement for both $MIM and @MIMSwap!🔥 Deep dive and share your feedbacks!👇🏻 forum.abracadabra.money/t/rfc-deploy-m…
Magic Made Easy 🧙♂️ Nibiru's proposal is live on @MIMSwap and Abracadabra! @MIM_Spell would be Nibiru's foundational stableswap, ensuring deep liquidity and efficient trading for stable pairs across the ecosystem. Integrated with Abracadabra’s Magic Internet Money (MIM) and
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.