🧙🏼‍♂️

Borrow, Leverage or Earn Yield. 🔥

Enjoy the Magic #Wizard. 🔮

$MIM $SPELL

Discord:

[🧙🏼‍♂️ @MIM_Spell]

🧙‍♂️! Abracadabra V2 is coming.
We’re bringing MIM from a DeFi primitive to a full private banking experience.
Borrow against yield-bearing collateral. Keep upside. Spend privately.
Thread 👇

[🧙🏼‍♂️ @MIM_Spell]

@PGee13 @CurveFinance We'll reach out!

[🧙🏼‍♂️ @MIM_Spell]

$MIM is getting a big liquidity upgrade...

A $MIM - 2Pool gauge proposal is now live on @CurveFinance.

Over the next 7 days, the proposal will go through the Curve governance process. Upon approval, the pool will become eligible for $CRV emissions. Afterwards we'll begin to incentivize the pool with $SPELL and bribe with @StakeDAOHQ to help bootstrap gauge weight and liquidity incentives.

MIM - 3pool will no longer be incentivized and incentives will be directed to the new pool.

This is a big step in improving and deepening liquidity around MIM. Thanks to everyone supporting @MIM_SPELL's return to growth.

[🧙🏼‍♂️ @MIM_Spell]

V2 is expected to deploy in two phases:

→ Q2 Beta

→ Q3 Full release

Key features include borrowing up to 90% LTV, private spending debit cards, ZK privacy pool, and web/mobile neo banking interfaces.

[🧙🏼‍♂️ @MIM_Spell]

RFC: The Transitioning from V1 to V2

→ Consolidate MIM liquidity ahead of V2 deployment.

→ Encourage migration with rising cauldron borrowing rates.

→ Optimize both reserves and revenue ahead of transition.

https://t.co/hxlOvBvkEr

[🧙🏼‍♂️ @MIM_Spell]

This RFC discusses pace, structure, and aggressiveness of interest rate increases for V1 cauldrons.

The objective is to reach high borrowing rates within a 30-60 day period to:

→ Improve MIM peg stability.

→ Consolidate liquidity.

[🧙🏼‍♂️ @MIM_Spell]

@Oura456 Fees from the bank will go to buyback spell according to the governance.

[🧙🏼‍♂️ @MIM_Spell]

🧙‍♂️! Abracadabra V2 is coming.
We’re bringing MIM from a DeFi primitive to a full private banking experience.
Borrow against yield-bearing collateral. Keep upside. Spend privately.
Thread 👇

[🧙🏼‍♂️ @MIM_Spell]

Read the full V2 announcement + join beta waitlist:
https://t.co/p4aBs4z54s
Private DeFi banking, built for daily use. 🧙‍♂️

[🧙🏼‍♂️ @MIM_Spell]

Launch plan:
Q2 2026: beta invitations (limited capacity)
Q3 2026: public V2 launch on Ethereum

[🧙🏼‍♂️ @MIM_Spell]

On Saturday, a security vulnerability was discovered that affected some V4 deprecated cauldrons on Ethereum mainnet.

During the attack, 1.79m MIM were minted by the attacker.

Shortly after, the DAO Treasury identified and mitigated the vulnerability, confirmed no other cauldrons or users funds were at risk, and bought back from the Market the entirety of affected MIM, completely reversing the effect of the attack.

https://t.co/OQjoCnWcJu

During the incident, no users funds were lost, and the effect has now been already full mitigated.

Despite the relatively small impact of such incident, cauldron borrowing is currently disabled as we review the current codebase for the future upcoming deployments.

Any information that would lead to the identification of the hacker would be eligible for our bug bounty program.

All systems are stable and will be reviewed.

[🧙🏼‍♂️ @MIM_Spell]

Make sure to migrate your LP tokens to keep earning rewards!🫡

[Stake DAO @StakeDAOHQ]

The 7-day grace period for Staking V2 migration has ended.

V1 vaults remain migratable but no longer earn $CRV rewards.

Staking V2 and Onlyboost provide instant maximum boosted $CRV rewards, no dilution, and zero withdrawal loss.

Migrate now to maintain your yield on the Portfolio page.

V1 strategies by TVL:
@MetronomeDAO
@ResupplyFi
@MIM_Spell
@TheTNetwork
@reserveprotocol
@falconfinance
@fraxfinance x @SkyEcosystem
@ConvexFinance
@CurveFinance

[Stake DAO @StakeDAOHQ]

Migrate to Staking V2: @MIM_Spell $MIM / 3Crv

Stake DAO’s new infrastructure offers the same Curve gauge UX while earning max-boosted CRV rewards thanks to OnlyBoost.

Migrate before 09/09 to avoid missing rewards.

[Nibiru @NibiruChain]

Block Party is @NibiruChain’s biggest campaign yet! You won’t want to miss out on Aura farming through the tasks available on Merkl and Galxe 🧵

🩵 Merkl Tasks: https://t.co/qKy4Rq3Y6s

🩵 Galxe Tasks: https://t.co/42osqADXWt

💡 Video Tutorials: https://t.co/WGfNEyoUKp

🌸 Your Guide to Block Party: https://t.co/NMnZxa01v3