ME News reports that on June 15 (UTC+8), DeFi lending platform Abracadabra.money (MIM Spell) announced on Twitter that it has added a new MIM liquidity pool on Curve, initially injecting $100,000 in liquidity (comprising MIM, USDT, and USDC). Enhancing MIM liquidity is currently its top operational priority, and the team will utilize its own assets to support this effort. The official statement noted that the new pool will increase market depth and lay the foundation for future liquidity initiatives. Additionally, the team plans to restart SPELL liquidity incentives on June 18, releasing an initial 1.4 billion SPELL tokens. (Source: Foresight News)
Abracadabra.money Launches New Curve Liquidity Pool with $100K Initial Deposit and SPELL Incentives Restart
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Summary
Abracadabra.money has launched a new MIM liquidity pool on Curve with an initial deposit of $100,000 in MIM, USDT, and USDC. The team will use its own assets to enhance MIM liquidity. On-chain updates reveal that SPELL incentives will resume on June 18, with 1.4 billion tokens allocated in the first batch. The project continues to focus on new token listings and protocol growth.
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