Stake your SPELL tokens for sSPELL and participate in the Fee sharing mechanism of Abracadabra!
Read moreWhat is spell token crypto?
SPELL is an Ethereum token that regulates Abracadabra . This platform allows users to deposit collateral in the form of interest-bearing crypto assets to mint MIM, a stable coin with a target value of $1.00. Stake SPELL to gain spell, which offers governance rights and other benefits.
Read moreHow do I change my spell token?
Trade, Sell or Convert your Spell Token To trade your Spell Token, you need to find a trading pair such as SPELL/ETH for buying or ETH/SPELL for selling . Trading usually comes with higher fees, depending on the wallet and exchange. Converting tokens, however, could be much cheaper or sometimes even free.
Read moreIs spell a stable coin?
About Spell Token SPELL is an Ethereum token that governs Abracadabra.money, a platform that lets users deposit collateral in the form of interest-bearing crypto assets (such as yvYFI, yvUSDT, yvUSDC, xSUSHI) in order to mint MIM, a stablecoin that attempts to maintain a value of US$1.00 .
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