Topic: spell token

Spell Token (SPELL) is a governance and reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin known as Magic Internet Money (MIM).  Within the Abracadabra protocol, there are two main tokens. It’s a governance token, SPELL and the other is MIM (Magic Internet Money). Spell Token also provides staking functionality. CoinMarketCap estimates SPELL’s circulating supply is 102B SPELL while it...