Magic Internet Money @MIM_spell ($MIM), a decentralized stablecoin pegged to the dollar (1 MIM ≈ 1 USD) is one of the key components in the DSF Invest strategy for higher returns.
Overcollateralized by 300% in crypto assets, MIM boosts stability and reduces de-pegging risks.
🔸 How does $MIM maintain its peg?
- Full transparency with interest-bearing tokens & Kashi lending markets.
- Incentivized liquidity pools on Curve Finance, boosted by $SPELL rewards, ensure low slippage.
🔸 What’s innovative about $MIM? - Users can deposit illiquid interest-bearing tokens to mint liquid MIM, turning dormant assets into yield farming opportunities.
#DeFi #Crypto #MIM