🧙🏼♂️ (@MIM_Spell): $MIM Liquidity Strategy Update
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$MIM Liquidity Strategy Update Today we funded a new Curve liquidity pool for $MIM with an initial allocation of $100,000 of MIM, USDT, and USDC. This will serve as a base for liquidity to restore balance across Curve Pools after unexpected liquidity withdrawals due recent DeFi incentive strategy changes. Improving $MIM liquidity is currently our highest operational priority and we're backing it with our balance sheet. This new pool increases available market depth and lays the foundation for additional liquidity initiatives already in progress. We're also preparing a new round of liquidity incentives, with an initial tranche of 140,000,0000 $SPELL returning Thursday, June 18th, to further strengthen liquidity across the ecosystem. Recent market dislocations have highlighted the importance of deep and resilient liquidity. We're taking active steps to address that and will continue sharing updates as additional initiatives go live and additional partnerships are announced. More to come. @Spell_MIM is back. DeFi is back.