Questions tagged [magic internet money]

Arianna Tue Nov 05 2024 | 5 answers 832

I'm curious about Magic Internet money. I've heard about stablecoins, and I want to know if Magic Internet money falls into this category. Is it a stablecoin or not?

CryptoChieftainGuard Thu Oct 31 2024 | 5 answers 1527

Magic Internet Money token, known as MIM, is a stablecoin issued by Abracadabra Money. With a total supply exceeding $1 billion, it aims to compete with MakerDAO. Operating on multiple chains including Ethereum and BSC, MIM offers a decentralized stablecoin solution backed by interest-bearing tokens like yvUSDC and xSUSHI.

Giulia Tue Oct 29 2024 | 6 answers 1287

The background of the question "What is the magic Internet money protocol?" could be described in English as: "In today's digital age, with the rise of cryptocurrency and blockchain technology, there's an increasing interest in understanding how these new forms of money operate. The 'magic Internet money protocol' likely refers to a set of rules or standards that governs the creation, transfer, and validation of digital currency on the internet.

SumoPowerful Thu Oct 24 2024 | 0 answers 0

I'm trying to figure out the current exchange rate for magic internet money to US dollars. I need to know how much magic internet money is worth in dollars.

ZenMind Wed Oct 23 2024 | 0 answers 0

I don't understand this question. Could you please assist me in answering it?