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MagicGLP Lands on Avalanche!
April 12th, 2023
MagicGLP, the largest GLP auto-compounder on the Arbitrum Network, is now also deploying on the Avalanche Network to allow GMX users to enjoy the benefit of low fee, auto-compounding on every GMX native chain.
MagicAPE: the key to unlocking maximum APE rewards!
February 20th, 2023
tl;dr As a general push towards the NFT ecosystem, Abracadabra is launching its own in house built APE staking autocompounder, and a cauldron to leverage up those rewards!
magicGLP: Unlock the full power of GMX, with magicGLP
January 31st, 2023
Say goodbye to the hassle of manually claiming rewards and hello to the magic of compounding returns with magicGLP.
Abracadabra Q1 Roadmap
January 30th, 2023
Abracadabra is proud to announce its Q1 roadmap, highlighting major advancements and future loans that the community has put together for the protocol. Let’s dive into each of these topics and see what they mean for our protocol!
Cauldron Chronicles: An In-Depth Look at CRV
January 24th, 2023
Welcome to a new series that delves into Abracadabra’s newly launched cauldrons. This ongoing series will provide a comprehensive analysis of the cauldron’s performance, including its parameters, profitability and future plans. The chronicles will also monitor the cauldrons over time and provide any updates on changes or developments.
Our Degenbox Strategy for Velodrome LP Tokens
January 22nd, 2023
Abracadabra is coming to Optimism! For the past several months, we’ve been working with the Velodrome team to launch a set of cauldrons for Velodrome LP tokens. We are happy to announce that the first cauldron is ready for you all to use!
Cauldron V4 Post Mortem
January 16th, 2023
tl;dr There were 44 users impacted by a vulnerability discovered in our Cauldron V4 contract. No user funds or protocol funds have been lost. If you have interacted with the GLP cauldron on Arbitrum or the CRV, migrated WBTC, or yvcrvstETH cauldrons on ETH Mainnet, please visit app.abracadabra.money/#/claim to revoke approvals as tokens in your wallet could be at risk.
yvcrvstETH and cvxRenCRV emergency collateral migration
December 13th, 2022
On November 27th an emergency AIP was pushed to increase yvcrvstETH and cvxRenCRV interest rates. As explained in the AIP, this measure was implemented to incentivise users to close their positions and secure the at-risk collateral.
Our Degenbox Strategy for Self Repaying GLP Backed Loans!
December 2nd, 2022
For the past several months, we’ve been working with the GMX team behind the scenes to launch a GLP cauldron.