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Magic Internet Money (MIM) - USD
$ 0.9996
1 day ago
0.00%
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Mkt. Cap.
$ 174.82 M
Vol. 24H
MIM 0
($ 0)
Open 24h
$ 0.9996
Low/High 24h
$ 0.9996
-
$ 0.9996
Whitepaper
Launch Date
2021-06-02
Max Supply
Not Applicable
Total Supply
174,903,452.46
Circulating Supply
-
Mkt. Cap. Penalty
0 %
Website
Built On
ETH
Token Standard
ERC20
Smart Contract Address
Decimal Places
18
Parent Asset Symbol
USD
Magic Internet Money (MIM) is a stablecoin soft-pegged to the US dollar, created by Daniele Sestagalli in 2021. It is minted by the Abracadabra.money protocol and backed by interest-bearing tokens. MIM can be borrowed against collateral on the Abracadabra platform and allows fast and secure cross-chain transfers through Beaming. Its value is maintained through arbitrage, keeping it close to 1 USD. MIM serves as a stable digital currency for various financial activities on the blockchain.
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