Borrow, Leverage or Earn Yield. 🔥
Enjoy the Magic #Wizard. 🔮
$MIM $SPELL
Discord: https://t.co/mi8POGJUaH
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Mar 12, 2023 • 7 tweets • 2 min read
1/🧙🏼♂️!
tl;dr $MIM is a fully collateralized stablecoin.
While it is currently trading at a discount, we believe this does not reflect its intrinsic value.
Not all depegged stablecoins are the same.🧵
2/🔮🔥
At present, $MIM is fully backed by a robust set of collateral, including $WBTC and $ETH.
While we do have cauldrons that are associated with $DAI and $USDC, many of these positions have already been closed or liquidated.
Feb 7, 2023 • 6 tweets • 4 min read
1/🧙🏼♂️!
A small 🧵 on how to use your $WBTC, $WETH and $USDT to earn north of 100% APY on @MIM_Spell using our latest tricrypto market boosted by @iearnfinance!👀🔥
Check it out👇🏻🧵
2/🪄
Step one!1️⃣👇🏻
Deposit $WBTC, $WETH or $USDT into @CurveFinance tricrypto pool on Ethereum here👇🏻🦙
Make sure you are only depositing and not staking, as we will need those LP tokens!🔥
Sep 20, 2021 • 8 tweets • 4 min read
🧙♂️ - "Move to Arbitrum move to Arbitrum!"
BUT WHY?
We know you love tweet 🧵 so here it goes 👇
@arbitrum is a layer 2 scaling solution based on optimistic rollups (ORU). Which makes transacting faster and cheaper.
In short ORU works by processing transactions on the L2 and the results then being posted to the mainchain.
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