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Statement on Wonderland Controversy
The Abracadabra team clarified that its teams, smart contracts, and treasury were separate and distinct from the associated project Wonderland amid controversy.
UST Degenbox Strategy Launched
The launch of the UST Degenbox strategy, an integration with Terra's Anchor Protocol that allowed users to leverage yield on their UST collateral.
Reached $5 Billion in MIM Minted
The project achieved a major milestone by surpassing $5 billion in Total Value Locked (TVL) and minted MIM, highlighting a period of rapid growth.
Magic Internet Money Project Launch
The public launch of the Abracadabra.money platform and its stablecoin, Magic Internet Money (MIM), marked by the creation of its official social media presence.