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Abracadabra’s MIM crisis deepens as dollar peg breaks again

Technology

Abracadabra’s MIM crisis deepens as dollar peg breaks again

Published: Jun 25, 2026 | Author: Olivia Stephanie | Source: Crypto

Abracadabra hikes Cauldron rates and pauses incentives after MIM fell near $0.50, aiming to cut supply and restore its $1 peg after a depeg.

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