The beauty of open protocols is that the code is there, anyone can read it, learn it and then essentially use it and build their own things around it. In other words it makes it possible for anyone to build on-top of protocols.
As a whole this means that projects…
With the launch of our Degenbox, Abracadabra can now enhance the yield on interest-bearing and LP tokens collaterals! Let’s dive into the strategy for JLP tokens on Avalanche!
The JLP Strategy is out first auto-compounding LP strategy on Avalanche! It will work for all of our Stable/AVAX JLPs markets!
No…
With the launch of our Degenbox, Abracadabra can now enhance the yield on interest-bearing collaterals! Let’s see its first application on our xJOE market! Read more about what xJOE is here.
Let’s dive into our first Degenbox Strategy on Avalanche, how it works and how our users can benefit from…
With the release of our Degenbox, Abracadabra can now accept non-interest-bearing tokens and turn them into yield producing assets by deploying strategies through the Degenbox.
This groundbreaking technology creates yield on non-interest bearing collaterals while enhancing yield on interest-bearing collaterals. Overall, the use of Degenbox improves our cauldrons and allows…
The following proposal is to implement a 20% reduction across all farms, starting from the 1st of November where the emissions that were intended to be used are burned. Please see the details below.
The current emissions have a target of 1,451,876,730 SPELL tokens to be allocated to farms every…
It’s time for another lesson on how to use MIM to conjure more SPELL!
Anytime you see ⛽ in this article you can expect to have to sign a transaction with Metamask. This will cost you gas.
Here we are going to polymorph our newly summoned MIMs into spell components…