Spell Token

Spell Token

134

SPELL

#159
Spell Token Price
2.53%
$0.0006656
Market Cap
$236,983,529
Volume 24h
$34,155
Votes
1.37K
24h
0
Description
Spell Token (SPELL) is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). Abracadabra uses the Kashi Lending Technology pioneered by SushiSwap (SUSHI) to provide isolated lending markets that allow users to adjust their risk tolerance according to the collateral they decide to use. Users can deposit collateral and borrow MIM against it. Abracadabra also offers yield farming opportunities, where users can stake their liquidity provider (LP) tokens to farm SPELL. This facilitates better liquidity for certain cryptocurrency pairs, currently Ether (ETH)-Spell Token (SPELL) and Magic Internet Money (MIM)-LP 3pool Curve (3CRV). Furthermore, users can also open leveraged farming positions using borrowed MIM from their interest-bearing collateral.
Calculator
Spell Token
Slide to see your gains for different growths
20%
50%
100%
400%
$236,983,529Market Cap
$669,517Liquidity
$34,15524H Volume
2021/05/25Launch Date
-2.53%24H Change
Total Supply
356,045,285,116
99.99991033482962%
Circulating
356.04B
100.00%
Burned
319.25K
0.00%
Socials
SPELL Info
General
Launched
Tue May 25 2021
Categories / Tags
N/A
SPELL Statistics
DEX Stats
Price
$0.0006656
Price Change 24h
-2.53%
Trading Volume 24h
$34,155
Total Liquidity
$669,517
Market Cap
Market Cap
$236,983,529
Volume / Market Cap
0.00014412