Introduction

We’re thrilled to announce our expansion onto Blast L2, introducing a suite of innovations that promise to redefine your experience. In addition to Blast developer points, Abracadabra introduces Potion Points, our unique currency that lays the groundwork for an incoming SPELL airdrop upon the token's deployment on Blast.

A Phased Approach to Maximizing Benefits

Our journey on Blast begins with a carefully planned rollout, ensuring every member of the community benefits from the very start:

Phase 1: The initial launch includes our Blast Box, MIM and an ETH based cauldron to borrow against.

Additionally, the Liquidity Launch Event (LLE) kicks off, inviting USDB and MIM holders to deepen their points engagement and prepare for the seamless transition into MIMSwap.

Phase 2: MIMSwap goes live, all TVL acquired by the LLE is migrated, marking the full integration of our suite into the Blast ecosystem.

Phase 3: Redemption of Potion Points. Users will be able to benefit from an airdrop of SPELL.

The perfect Trifecta: Blast, Potion, Gold Points.

Potion Points join forces with Blast Gold and Blast Developer points, creating a robust incentive ecosystem. This trifecta is designed to maximize engagement, reward participation, and drive the success of our launch on Blast. Together, they form a comprehensive rewards system that acknowledges every aspect of user involvement as well as setting the stage for an anticipated SPELL airdrop.

MIMSwap Liquidity Launch Event (LLE)

The MIMSwap Liquidity Launch Event stands as the cornerstone of our journey on Blast, marking the grand unveiling of MIMSwap. This unique opportunity allows users to deposit MIM or USDB, with the option to lock these assets for enhanced point earnings.

Potion Points, alongside Blast Developer and Gold Points, are allocated for both deposited and locked collateral, ensuring that every action within the event is recognized and rewarded.

The Countdown to Innovation

As the event’s countdown ticks to zero, we transition to a pivotal moment in the Abracadabra ecosystem. All collected assets will be transformed into Magic Liquidity Tokens, seamlessly integrated into MIMSwap as liquidity. This conversion is more than a mere transaction; it's the beginning of continuous reward accumulation, with boosted rewards enduring until Blast Points can be exchanged for the new Blast token.A Seamless Transition to MIMSwap

The culmination of the LLE doesn’t signify an end but a new beginning. The assets, now as Magic Liquidity Tokens within MIMSwap, will continue to earn boosted rewards, further enriching the participant's journey. This strategic move not only enhances the liquidity of MIMSwap but also solidifies participant's long term role in the thriving ecosystem of Blast.

Cauldron Launch

Following the introduction of Blast and Potion Points, the initial stage of the Blast launch entails the debut of our first Ethereum-based cauldron. This cauldron provides ETH holders on Blast with the opportunity to deposit their Ethereum into Abracadabra. By doing so, they become eligible to receive various types of points offered in this launch.

Note: Borrowing MIM is not necessary to receive points, but it will give a boost to the received amount.

The ETH cauldron is set to go live on Blastbox, a specialized fork of Degenbox tailored specifically for the Blast ecosystem. Blastbox serves as the foundational infrastructure for our range of products, providing robust support.

The cauldron is already live and can be used here.

Furthermore, we plan to unveil additional cauldrons in response to ecosystem opportunities and potential partnerships, offering new and thrilling avenues for engagement.

Conclusion

Our contracts have officially landed and are now pulsating nativey on Blast Mainnet. Potion Points, together with the Blast native points system are deployed and ready to reward users that are contributing to the Abracadabra Ecosystem.Stay locked in on our electrifying channels - Twitter and Discord - as you won't want to miss a single beat of how these points will be unleashed. The faster you move, the greater the rewards, with lightning-fast actions triggering multipliers and bonuses!