BREAKING Abracadabra Proposes Winding Down MIM at Four Cents on the Dollar A Snapshot vote would liquidate the protocol, swap what collateral is left into ether and pay MIM holders pro rata. The team puts recoverable backing at about $900,000 against $21 million of bad debt. Read more here: https://thedefiant.io/news/defi/abracadabra-proposes-winding-down-mim-at-four-cents-on-the-dollar