MIM Stablecoin Injects $100K Into Curve Pool, Plans 140M SPELL Incentives

CRV3.22%
SPELL6.05%
According to Foresight News, the MIM stablecoin project recently injected $100,000 in initial liquidity into a new Curve pool to address ongoing liquidity shortages across its ecosystem. The project stated that improving MIM's liquidity is now its highest operational priority, with further measures to follow. Additionally, MIM plans to launch a new liquidity incentive round on June 18, allocating 140 million SPELL tokens to strengthen ecosystem liquidity. The move comes after MIM depegged to around $0.87 on multiple chains on June 12, representing an approximately 11% decline.
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