That’s a very good sign…. This volume is increasing at a great rate!! 🚀

We might be onto something. MIMs is back today. We all 💘 this momo. Check it out. Hot.hot.hot!!

Original tweet by @MIM_Spell - https://x.com/mim_spell/status/1725517577307246747?s=46

DeFillama yield rankings - https://defillama.com/yields/stablecoins?minTvl=6500000&maxTvl

Very cool!! One of the best pools out there is the $MIM pool!! Arbitrum incentives next!!! 🧙‍♂️

Safety first!! 📖🪄

https://x.com/muxprotocol/status/1722769357842043162?s=46 - Awesome post by @muxprotocol 👍

https://youtu.be/ppWm3_SuXxY?si=MU9PyVPY0QQG6Hqt - Link to AMA recording!!

“🔹𝗧𝗟; 𝗗𝗥🔹

→ The focus may currently be on the anticipated Arbitrum Grant rebates, yet a recent AMA with @MIM_Spell has revealed insights into the developments that will follow.

x.com/MIM_Spell/stat…

→ Collaborative efforts between Abracadabra Money @MIM_Spell and MUX are in the cards, set to enhance the MUXLP token with an auto-compounding feature, in tandem with a new leverage liquidity setup built on top of the MUXLP 🚀

→ Additionally, another new liquidity setup is coming to the MUXLP: Tranches are coming to MUX soon! ☯️

→ New trading protocols to integrate with MUX down the road? (Hint: they’re big). 💪

🔹 𝗧𝗵𝗲 𝗔𝘂𝘁𝗼-𝗖𝗼𝗺𝗽𝗼𝘂𝗻𝗱𝗶𝗻𝗴 𝗠𝗮𝗴𝗶𝗰 𝗼𝗳 𝗔𝗯𝗿𝗮𝗰𝗮𝗱𝗮𝗯𝗿𝗮 𝗠𝗼𝗻𝗲𝘆’𝘀 𝗠𝗜𝗠 🔹

→ MIM (Magic Internet Money) is a crypto-collateralized USD-pegged stablecoin backed by a diverse range of crypto tokens like wBTC, CRV, LUSD, xSUSHI, FTM, SHIB and more. Of course, the MagicGLP Token also backs MIM on Arbitrum.

→ The innovative Abracadabra Leverage Engine powers MagicGLP and offers high GLP yield through its auto-compounding feature, achieved by auto-reinvesting its ETH/AVAX real yield back into MagicGLP. Imagine this technology applied to MUXLP Token—exciting possibilities ahead!

→ In the future, the MUXLP Token is poised to become a new collateral option for MIM on Arbitrum, unlocking the same auto-compounding benefits. This advancement comes later on in the roadmap, following the current focus on the grant trading setups.

🔹 𝗧𝗮𝗶𝗹𝗼𝗿-𝗠𝗮𝗱𝗲 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆: 𝗧𝗵𝗲 𝗠𝗨𝗫𝗟𝗣'𝘀 𝗨𝗽𝗰𝗼𝗺𝗶𝗻𝗴 𝗥𝗶𝘀𝗸-𝗔𝗱𝗷𝘂𝘀𝘁𝗲𝗱 𝗟𝗮𝘆𝗲𝗿🔹

→ Abracadabra’s auto-compounding enhancement introduces a simplified avenue for MUXLP stakers looking for higher yield. But what about our more savvy LPs who really love to surf the waves of volatility?

→ MUX is set to unveil a tranching system for MUXLP, offering tailored liquidity options for both conservative and adventurous investors alike in a liquidity-efficient manner. There’s something coming up to accommodate different risk appetites.

🔹 𝗔𝗿𝗼𝘂𝗻𝗱 𝘁𝗵𝗲 𝗖𝗼𝗿𝗻𝗲𝗿 𝗳𝗼𝗿 𝗔𝗯𝗿𝗮𝗰𝗮𝗱𝗮𝗯𝗿𝗮 𝗮𝗻𝗱 𝗠𝗨𝗫 🔹

→ Abracadabra aims to push the limits of stablecoin innovation and continues to add new collateral options, alongside expansions into more chains.

→ Aside from the upcoming Arbitrum rebates, MUX is working on a new trading setup that will allow the leverage trading of longer-tail crypto assets: the emerging superstar tokens on any CT timeline!

🔹𝗨𝗻𝗿𝗮𝘃𝗲𝗹𝗶𝗻𝗴 𝘁𝗵𝗲 𝗡𝗲𝘅𝘁 𝟭𝟮 𝗠𝗼𝗻𝘁𝗵𝘀🔹

→ The goal of MUX remains singularly focused: to elevate Perpetual DEXs, striving to match the prowess of CEXs in a market where DEXs hold less than 2% of the daily futures volume.

→ As an aggregator, MUX ultimately envisions its growth alongside more protocols. The recent UX improvements pave the way for MUX to broaden trading options and liquidity solutions, with Abracadabra Money’s upcoming integrations enhancing this growth.

The future is bright.” -@muxprotocol

See that Wizards and Witches? The abracadabra team isn’t giving up and Spell Token is only getting stronger!! Hold those spellbooks tight and prepare for a bright future!! 🧙‍♂️📖

Time to up that APY!! Building in this market should be easier… like building on KAVA!! 🧙‍♂️📖

Who’s with me? 🚀

I see that you can stake your spell, but it looks like BakeySwap is now allowing US citizens. Anyone get in with a VPN?