MIM Crashes To $0.50, Abracadabra Hikes Cauldron Rates
MIM crashed near $0.50, about half its dollar peg, before Abracadabra hiked Cauldron rates to force repayment. Here is the exit math for MIM holders.
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MIM Depegs To $0.87, Down 11% On Thin Arbitrum Liquidity
Abracadabra’s MIM stablecoin fell to $0.87 on thin Arbitrum liquidity. Here is the exit price, the depeg pattern, and the Curve gauge vote to watch.
