Abracadabra: proposal for an orderly wind down of MIM and Abracadabra
Multiple hacks have left MIM too underbacked to regain its peg, so it plans to wind down the protocol and distribute reclaimed collateral to users and MIM holders
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Post #25011
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Ahboyash Reads MIM STABLECOIN DEPEGS TO $0.50, ABRACADABRA PAUSES INCENTIVES TO RESTORE PEG Source
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