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What is Abracadabra Abracadabra.money is a spell book that allows users to produce magic internet money ($MIM) which is a stable coin that you can swap for any other traditional stable coin. What is degenbox? Abracadabra accepts non-interest-bearing tokens and turns them into yield-producing assets by deploying strategies through the Degenbox. Degenbox creates yield on non-interest bearing collaterals bringing value from other blockchains to Ethereum helping in improving the cauldrons by using cross-chain yield strategies. Cauldrons are smart contracts that allow funds to be deposited as collateral.