Following the successful integration of various tokens in the cauldron lineup, the next proposed addition is $ENA tokens. This would allow Abracadabra to further expand its DeFi offerings, capitalizing on strong borrow demand for $ENA holders. The proposed terms aim to ensure a safe and profitable lending environment while mitigating risk. Because of Oracle availability, the cauldron is proposed to be launched on Arbitrum.
Interest Rate: 9% Borrow Fee: 1% Minimum Collateralization Ratio (MCR): 80% Liquidation Fee: 6%