Abracadabra takes emergency action as MIM stablecoin depeg worsens

The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply.

Originally posted on Cointelegraph.com News

cointelegraph
Author: cointelegraph

Comments from the Peanut Gallery

1 thought on “Abracadabra takes emergency action as MIM stablecoin depeg worsens”

  1. Raising interest rates sounds like a big deal! Hope everyone can manage their debts well.

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