As we approach the pivotal migration from the Liquidity Launch Event (LLE) to the MIMSwap pool, we are excited to announce an exclusive, one-time-only opportunity for our earliest supporters:

The Founder Boost.

This unique incentive is designed to commemorate and reward the loyalty of users who have been instrumental in bootstrapping MIMSwap through the LLE, underlining our commitment to recognising their pivotal role in our ecosystem.

Understanding the Founder Boost

The Founder Boost is not just an additional perk; it’s a substantial reward mechanism that is directly tied to Abracadabra's performance on Blast. As Abracadabra captures more TVL and unlocks additional Blast Points and Gold, the value of the Founder Boost increases, further rewarding your loyalty.

Here’s what sets the Founder Boost apart:

• Exclusivity: Available only to users who joined the LLE and choose to lock their magicLP for 3 months after MIMSwap goes live.

• Permanence: Once obtained, the Founder Boost continues indefinitely, as long as your LP remains in MIMSwap - even after it becomes unlocked.

• Reward Distribution: Founder Boost holders receive 20% of all points and Gold earned by Abracadabra. This includes earnings from all Abracadabra infrastructure on Blast such as cauldrons, MIMSwap and autocompounders.

The Significance of the Founder Boost

By participating in the LLE and opting to lock your LP for its maximum duration during the migration, you tap into the full success of our ecosystem. This decision aligns with Abracadabra’s philosophy that our community should be rewarded, especially those who are invested in helping the protocol innovate and grow.

The Founder Boost is a testament to this belief, offering perpetual benefits that reflect the ongoing success and growth of the platform.

Migration Mechanics with a Focus on the Founder Boost

As we transition from the LLE contracts to the live MIMSwap pool, here are the steps to ensure you maximize your benefits:

For Locked Stablecoins: Securing the Founder Boost through Continued Commitment

If you've demonstrated your commitment to the Liquidity Launch Event (LLE) by locking your MIM or USDB contributions, you're already positioned to transition seamlessly into the next phase of our ecosystem's evolution. Your locked stablecoins are set to form the cornerstone of the initial MIM/USDB pool, a foundational step for MIMSwap.

If you would like to continue on this journey with us, you can extend your lock for an additional 3 months and earn the Founder Boost. Opting for this extended lock period will maximize your reward points to the fullest extent, and embed you deep into the fabric of the Abracadabra ecosystem.

Securing the Founder Boost is a testament to your foresight and dedication. It rewards your early support with a share in the platform's success, offering enhanced yields, points, and potential airdrops. This strategic decision solidifies your standing within our community and aligns you with the growth of the platform. We will not forget.

For Unlocked Stablecoins: Claiming Back Deposits Without Founder Boost Eligibility

If you've participated in the Liquidity Launch Event (LLE) by providing MIM or USDB but choose not to lock your funds, then a critical moment approaches. As the countdown concludes, so does your participation. Without the commitment of locking your assets, you won't be eligible for the Founder Boost—a unique, one-time-only opportunity that rewards early supporters with enhanced benefits.

For users in this category, your journey ends when the clock hits zero. It's essential to understand that the opportunity to secure the Founder Boost and its perpetual advantages will no longer be available to you. You will be able to withdraw all funds that you have deposited during the LLE.

Extending the Liquidity Launch Event: Embracing Community Feedback

In response to the overwhelming interest and requests for more detailed information regarding the Founder Boost, we've taken a significant step to ensure our community has ample opportunity to fully understand and engage with this unique offer.

We are committed to providing our users with the necessary time to process all information related to the Founder Boost and the broader implications of participating in the Liquidity Launch Event (LLE).

To this end, we are thrilled to announce the extension of the LLE for an additional 13 days. This extension is a direct response to our community's voice, designed to ensure that no one feels rushed and that all members have the chance to make a thoughtful decision about their involvement.During this extended period points reward will keep flowing for LLE participants, while we gear up for MIM Swap Launch!

Continued Rewards and a Special Surprise

During the extended period, our rewards for LLE participants will continue to flow generously. However, the extension brings more than just additional time; it comes with a remarkable surprise for those committed to securing the Founder Boost.

Abracadabra has triumphed in the Big Bang Competition, earning us a substantial Blast Gold airdrop. In light of the LLE extension, we've decided to distribute 20% of the Big Bang Gold airdrop exclusively to participants who choose to lock their assets and receive the Founder Boost. This unprecedented move ensures that Founders will benefit directly from the Big Bang Gold Airdrop, further enhancing the value of their commitment and support.

Initiation and Beyond

The initialization phase marks a new era for MIMswap. Contracts are being deployed and the frontend has been updated to guide users through this exciting transition. This phase is not just about a migration but also about ensuring our community understands the value and permanence of the Founder Boost.

As we roll out more components of the MIMswap ecosystem, we remain committed to providing clarity and support to our users, ensuring they can fully leverage the opportunities presented by the Founder Boost and beyond.

Stay tuned for more updates as we continue to enhance our platform and reward our community for their loyalty and support.