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Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout

Post author:MiamiCrypto
Post published:June 19, 2022
Post category:$1 Parity 1 Abracadabra Abracadabra Money Altcoins Curve Pool depeg Magic Internet Money MIM MIM peg Neutrino USD Stablecoin Stablecoins Terrausd (UST)Tron USDD USDN UST

Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to…

Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg

Post author:MiamiCrypto
Post published:May 13, 2022
Post category:Bonded ETH Curve Curve Pool decentralized finance DeFi Ether Ethereum Lido Lido bonds Lido Ethereum Liquid Staking Liquidity LUNA New Pool STETH Terra Terra Implosion total value locked TVL UST

On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days…