Lending protocol Abracadabra announced that $mSPELL staking is now live on Avalanche, Arbitrum, Ethereum, and Fantom Opera. $mSPELL staking allows users to stake their $SPELL tokens and earn stablecoin $MIM income coming from the protocol revenue. It is noted that all the $mSPELL tokens are subject to a 24 Hours lock-up period. In other words, every time a user deposits $SPELL tokens, he will not be able to claim or unstake them for the following 24 Hours.
Source DeFi
Lending
Stablecoins
Staking
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