What is Spell token (SPELL)?

Spell token crypto token

Spell tokens are one of the three main tokens of Abracadabra money. It serves as the protocol’s token used for incentivization. Abracadabra money is a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD pegged stablecoin (Magic Internet Money – MIM), that can be used as any other traditional stablecoin. Abracadabra […]