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Lending platforms like these aren’t new, but where it gets really interesting is the type of collaterals Abracadabra is able to accommodate.
By building on top of existing Defi platforms including Curve.Finance and Convex.Finance, Abracadabra is able to allow users to collateralize yielding assets.
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Now, if you’re not in the market for something as “big” as real estate, you might be wondering: “this sounds cool, but how does it apply to me?”
Well, the point is that this same process and strategy works for practically any significant purchase you might make. Now, you can buy ...
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Well, Curve.Finance has the perfect product for you. Tricrypto2 is a yield-generating position that maintains equal exposure to BTC, ETH, and the stablecoin USDT. That means if Bitcoin and Ethereum each fall by 30%, the Tricrypto2 position will only be down 20%, and vice versa. It gives investors...
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First off, Abracadabra charges a 0.5% borrow fee up-front that adds $3600 to my outstanding loan balance.
The 0.5% borrow fee is the same for every collateral type on Abracadabra, while the other parameters vary depending on the collateral pledged.
The interest rate on the loan is f...
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The Comparable Transactions Method is really just a rule of three.
Depending on the type of box you are building, you want to find an indicator that will be a good proxy for the value of your box. This indicator can be specific to your industry: Monthly Recurring Revenue (Saas), HR head...
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