[Abracadabra Tutorial] The hottest DeFi platform: borrow MIM, use leverage, farming, staking, SPELL

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Italy DeFi Talks
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Published on ● Video Link: https://www.youtube.com/watch?v=0eHkV6MI6y4


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The content provided here is intended for informational purposes only. It should not be considered as financial, legal, or tax advice. The views expressed in this text are solely those of the author and should not be interpreted as the opinions of a licensed financial advisor or registered investment advisor. Please be aware that trading cryptocurrencies involves significant risk, and there is a possibility of experiencing losses. The author does not guarantee any specific results or outcomes. Before making any financial decisions, it is recommended to seek advice from qualified professionals.

#abracadabra is one of the most growing platforms in the whole #defi ecosystem. #MIM is a decentralized stablecoin that you can use to earn yield with #leverage. A cross-chain platform on Ethereum, Fantom, Avalanche, BSC and Arbitrum

00:00 What is Abracadabra
02:40 TVL
04:10 How to borrow MIM
10:39 How to leverage with MIM
15:50 Is it risky?
16:57 How to farm SPELL
18:30 How to stake SPELL
19:10 Shortcuts
20:30 Integration with Wonderland.money
21:36 Is it worthy?



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