The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply.
Originally posted on Cointelegraph.com News
Abracadabra takes emergency action as MIM stablecoin depeg worsens
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2 thoughts on “Abracadabra takes emergency action as MIM stablecoin depeg worsens”
Raising interest rates sounds like a big deal! Hope everyone can manage their debts well.
Raising rates sounds like a tough call for everyone.
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