May 20, 2022
2 min read
Spell
Market Discovery of the most influential projects in the cryptocurrency world.
What is Spell Token (SPELL) and how does it work?
Spell Token (SPELL) is a token associated with a lending platform, called abracadabra.money, that uses interest-bearing tokens as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). SPELL coin is the reward token for this platform.
