> For the complete documentation index, see [llms.txt](https://dev.abracadabra.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dev.abracadabra.money/getting-started/readme.md).

# Introduction

[**Abracadabra.money** ](https://abracadabra.money)is a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD pegged stablecoin (Magic Internet Money - **MIM**), that can be used as any other traditional stablecoin.

Currently, a lot of assets, such as yVaults have locked in capital that can't be put to further use. **Abracadabra** offers an opportunity to use it.