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Description

Abracadabra.Money is a platform that functions like a spell book, enabling users to conjure digital currency. As the spellcaster, you can use different interest-earning crypto assets, including yvyfi, yvusdt, yvusdc, and xsushi, as collateral. This collateral allows you to borrow a stable coin known as magic internet money (mim), which you can then exchange for other conventional stable coins in the crypto market. This innovative system opens up new possibilities for leveraging your assets while maintaining liquidity.

Description

Engage with Bitcoin across various blockchains by investing, earning, and making payments with BTC in a radically open and insured environment. interBTC embodies the essence of decentralized finance and the liberating spirit of Bitcoin, offering a fully collateralized asset that maintains a 1:1 backing with Bitcoin, ensuring interoperability and resistance against censorship. Designed for cypherpunks, degens, and maxis alike, it caters to holders, traders, and yield farmers, making Bitcoin accessible to everyone, anywhere. Secure your BTC in a Vault of your choice or manage your own, with the assurance that your assets are always safeguarded and insured through Vault collateral. Maximize your Bitcoin's potential by utilizing interBTC for lending, yield farming, and more across any blockchain. Hosted as a parachain on Polkadot, interBTC seamlessly integrates with networks like Ethereum, Cosmos, and Kusama, leveraging Polkadot’s technology for enhanced connectivity. We embrace the principles of decentralization and transparency, operating entirely remotely while ensuring our code remains open source; we are proud of our product and our identity. As we continue to innovate, our commitment to the Bitcoin community and its values remains steadfast.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Ethereum Yes 
Arbitrum Yes 
Avalanche Yes 
BNB Smart Chain (BSC) Yes 
Bitcoin No 
Cosmos No 
Dwellir No 
Fantom Yes 
Kusama No 
Parsec Yes 
Polkadot No 
Telegram No 
Token Terminal Yes 

Integrations

Ethereum Yes 
Arbitrum No 
Avalanche No 
BNB Smart Chain (BSC) No 
Bitcoin Yes 
Cosmos Yes 
Dwellir Yes 
Fantom No 
Kusama Yes 
Parsec No 
Polkadot Yes 
Telegram Yes 
Token Terminal No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Abracadabra.Money

Website

abracadabra.money/

Vendor Details

Company Name

Interlay

Founded

2020

Country

United States

Website

interlay.io

Product Features

Alternatives

Alternatives