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Abracadabra.money is a Omnichain DeFi lending platform that works its magic by utilizing interest-bearing tokens as collateral to mint Magic Internet Money, a USD-Denominated stablecoin
A lot of assets today are interest-bearing, Abracadabra unlocks the capital of these assets allowing users to take out USD-denominated loans while the collateral keeps earning yield. Abracadabra also offers staking strategies allowing non-yielding assets to start earning yield in a very simple and efficient way
