As we stride into the groundbreaking Phase 3 and the launch of MIMSwap, the anticipation within our community reaches its peak. This pivotal moment not only marks a significant milestone in our journey but also heralds the last opportunity for our valued participants to secure a status:

The Founder's Boost

The Final Countdown to Founder's Status

The Founder's Boost is not just a reward; it's a gateway to a spectrum of bonuses within our ecosystem. For those who have journeyed with us through the Liquidity Launch Event (LLE) and are ready to lock their MagicLP for a steadfast period of 3 months, this status becomes a perpetual badge of honor — as immutable as your support, as long as your liquidity remains within our system.

A Bounty of Benefits Awaits

Securing the Founder's Boost aligns its users to the growth of the protocol. The window to claim your Founder’s Boost is 14 days following the initiation of Phase 3 and the launch of MIMSwap.

Within these two weeks, participants are invited to lock their LP for 3 months and obtain the Founder’s Boost.

Here’s a glimpse of what awaits:

1. Initial Blast Airdrop: Post-claim period, 20% of all Blast Points accumulated by the protocol to date, will be airdropped exclusively to the holders of the Founder’s Boost.

2. USDB Yield Enhancement: The yield harvested from USDB will funnel directly towards the Founder’s Boost holders.

Moreover, all Founders will receive the pro rata share of the yield produced by their USDB inside the MagicLP token.

1. Gold Points: With the impending release of Gold by the Blast team, a generous 20% of all Gold points from the protocol will be allocated solely to the Founder’s Boost holders.

2. Potion Points: As Potion points, Abracadabra’s first in house point system designed specifically for the Blast Ecosystem, gear up for their debut with MIMSwap, a significant portion will be allocated to Founder’s Boost holders, setting the stage for the largest SPELL airdrop to date.

A Call to Action: Seize Your Founder Status

The unveiling of Phase 3 today is a call to all our participants — a final chance to align yourself with the protocol’s vision and tap into the growth of the ecosystem. The Founder's Boost is not just a status; it’s a partnership. As the ecosystem flourishes in TVL, user engagement, and volume, so will the benefits reaped by the Founder’s Boost holders.

MIMswap is now live!

With today’s release, all of MIMswap contracts are now live on Blast Mainnet, and can be found on our documentation.

Liquidity Provision functionalities are now live on the Abracadabra Fronted, together with the onboarding flow, which will allow users to migrate their newly generated LP tokens from the LLE contracts, into MIMswap staking contracts. Staking and locking to achieve the Founder’s Bonus functionalities are also already available.

Our frontend is being updated over the weekend to finalise the launch of MIMswap, and the Swap functionalities will be available shortly.

This moment marks the launch of Abracadabra’s first AMM infrastructure. Thank you for everyone who has been part of this journey, we are super excited for what the future holds.

Your Path to Foundership

The window to engrave your name among the founders is narrowing. To embark on this journey, deposit USDB/MIM LP during phase 3 and lock your deposits once MIMSwap launches later today.

This status is a commitment to growth, to innovation, and to the shared vision of a thriving ecosystem.

Welcome to the ranks of the Founders