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Abracadabra reaches out to SushiSwap to save $10M The team at | Decentralized Exchange News

Abracadabra reaches out to SushiSwap to save $10M

The
team at Abracadabra is extremely concerned at the present moment. It has earnestly reached out to SushiSwap, to effectively carry out all of the necessary alterations in terms of two of its Bento vaults. These contain an amount of $10 million, which happens to be the assets of its users. According to them, the dilemma is that the concerned amount happens to be at grave risk. For the uninitiated, Abracadabra happens to be a crypto lending protocol and the provider of the MIM stablecoin. It was only in the very recent past that the entity reached out to SushiSwap with the earnest request to increase the interest rates in relation to the two Bento vault cauldrons.

@Uniswap_PancakeSwap