What is Spell Token (SPELL)?

Spell is one of the two main tokens of the Abracadabra lending platform. SPELL token holders earn passive income from the platform's transaction fees. 75% of the price goes to token holders and 20% goes to the treasury, which helps the liquidity pool. On the other hand, the remaining 5% goes to the treasury, which limits risks when market conditions worsen.

When was Spell Coin released and by whom was it developed?

SPELL Coin was launched by the Abracadabra.money platform in May 2021. Abracadabra.money is a debt platform that offers users the opportunity to borrow money with magical internet money (MIM) by depositing interest-bearing tokens as collateral.

#Write2Earn #Kriptocutrader #SPELL #İbrahimCOŞAR #Fatihcoşar