What is SPELL?

Abracadabra.money, a DeFi platform, is the owner of the SPELL token. This platform enables users to obtain MIM stablecoins by placing interest-bearing tokens (inTKNS) as collateral. The platform functions on the liquidity pools generated by users. It motivates contributors to its liquidity pool by providing returns on interest (ROI) to token holders. Your interest earnings are determined by the collateral you hold; the more valuable the assets you've staked, the greater your potential profit.