What is MIM?

Magic Internet Money - MIM is a stablecoin that is soft-pegged to the US Dollar and minted by the Abracadabra. money decentralized lending platform. Abracadabra uses interest-bearing crypto assets as collateral to mint MIM, which can be swapped for other stablecoins. Loan liquidations on Abracadabra differ from other stablecoin/lending protocols, in that each collateralized debt position (CDP) is unique and has its own liquidation price. When the liquidation price for an individual CDP is crossed, a liquidator can buy the position by paying off any outstanding MIM. Ref

Magic Internet Money (MIM) ERC20 Token in Ethereum Mainnet. Token is implemented as ERC20 smart contract with address 0x99d8a9c45b2eca8864373a26d1459e3dff1e17f3

What isTerraUSD (UST)?

TerraUSD is a decentralized stablecoin running on Ethereum that attempts to maintain a value of US$1.00. Unlike centralized stablecoins, UST isn’t backed by US dollars in a bank account. Instead, in order to mint 1 TerraUSD, US$1.00 worth of TerraUSD’s reserve asset (LUNA) must be burned.

What is done

The question was a bit vague for me. However, I used the following method to examine the behavior of users with MIM compared to users with UST. First I got the addresses of all the users who had MIM and UST in the last three months (mutually exclusive). Then in the nft_events table I compared the people who bought nft (from the event_from address) depending on which group they belong to. The result was the following diagrams:

As shown in the diagram:

• UST holders make more transactions.
• MIM owners, however, have spent more overall on NFTs. Also, their average purchase was higher in each transaction, which indicates that this group of users are more risk-averse.