MIM Stablecoin Slips From Peg As Abracadabra Liquidity Stress Returns

Magic Internet Money has slipped from its dollar peg again, putting Abracadabra liquidity and Curve pool balance back under pressure. TL;DR MIM has traded below its intended $1 peg during renewed liquidity stress. Curve pool data is central to judging the scale of the imbalance. The episode revives concerns...
Read More