SPELL is not necessarily a $SPELL token that solves problems in the cryptocurrency industry or the real world. 💯🙉🥳🥳

However, it has an important role in Abracadabra.Money's system, where it helps in two ways:

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It helped revolutionize lending

On Abracadabra.Money's platform, Spell Token acts as a reward token. The platform allows users to deposit collateral and borrow Magic Internet Money (MIM), engage in yield farming, stake, and more. to earn SPELL. All of this facilitates better liquidity for certain cryptocurrency pairs, such as ETH/SPELL, as well as MIM/3CRV.$BTC

Provide encouragement

Talking about providing rewards, that is one of the main purposes of the SPELL token in the ecosystem. By providing incentives to users, the project ensures their support and loyalty, thereby ensuring price stability and growth potential.