06:12 Apr 24, 2022 Stablecoin Protocol Abracadabra Introduces Caludrons V3
Stablecoin protocol Abracadabra introduces Caludrons v3. Cauldrons allow users to borrow $MIM using another asset as collateral. In the update, the Abracadabra team adds a $MIM borrow limit per address and offers a variety of interest rates. V3 also allows the team to reduce the amount of $MIM without burning them.
Source Get the most concise crypto news, research, and insights by subscribing to our free newsletter.
Related News
Wall Street back-office giant DTCC mulls stablecoin integration: report Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act Circle secures in-principle approval to operate as money services provider in Abu Dhabi Mastercard moves to integrate stablecoins into global payments network Term Finance recovers $1 million of $1.6 million loss to oracle configuration error 1 Day Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
2 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
2 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
5 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC