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Tldr: Launch Abracadabra on Nibiru and add an inaugural sUSDa cauldron. Cauldron Parameters: Interest Rate: 5% Borrow Fee: 0.5% Maximum Collateralization Ratio (MCR): 85% Liquidation Fee: 7.5% Return Profiles 17.5% APY at 2.5x leverage 30.0% APY at 5.0x leverage Initial top-up of 2M MIM for all cauldrons, and potential to scale up to 10M MIM per cauldron. In addition to foundation provided 2 ...
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