Saber Launches First Magic Internet Money Stable Pools on Solana with Allbridge

Saber is excited to bring Magic Internet Money to Solana! Magic Internet Money is a decenttralized stablecoin offered by the Abracadabra.money project, 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.

The new pools pair MIM / UST and MIM / CASH. SBR rewards will go live for the pools within 1 hour! To bridge these assets, head to Allbridge and select Ethereum as the source chain (this version of MIM originates on Ethereum).

Saber is the leading cross-chain AMM for pegged assets on Solana, such as stablecoins and wrapped assets. As Solana’s core cross-chain liquidity network, Saber helps facilitate the transfer of assets between Solana and other blockchains. Users deposit crypto into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies.

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Allbridge is modular and expanding token bridge with on-chain consensus. It’s a simple, modern, and reliable way to transfer assets between blockchain networks. Allbridge mission is to make the blockchain world borderless and provide a tool to freely move assets between different networks. In the future it will evolve into a DAO-style multi-chain hub, establishing connections between the EVM and non-EVM networks.

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Dogecoin and Ether rank in top 10 news searches on Google in 2021

Dogecoin was the fourth-most popular news on Google in 2021 both globally and in the United States.

Major cryptocurrencies Ether (ETH) and Dogecoin (DOGE) made the list of the world’s most searched terms in 2021 on Google

On Tuesday, Google released its traditional annual list of the top searches for the year, breaking them down into several categories, including searches, news, people, games, movies and others.

According to Google Trends’ “Year in Search 2021,” Dogecoin was the fourth-most popular news search term on Google in 2021, both globally and separately in the United States. News related to the query “Ethereum Price” was ranked 10th.

The cryptocurrencies are listed among the top searched news items, including topics like Afghanistan, AMC stock, COVID-19 vaccine, GME stock, stimulus check and others. Not a single cryptocurrency was featured on the list in 2020.

It’s worth noting that Bitcoin (BTC), the most-valued cryptocurrency in the market, is not featured in any category of the “Year in Search 2021” either worldwide or in the United States.

Top 10 news on Google Trends in 2021. Source: Google Trends

Related: Survey says crypto popular holiday gift for Americans — NFTs not so much

Launched in 2013, Dogecoin has emerged as one of the most successful cryptocurrencies in 2021, entering the list of the top 10 largest cryptocurrencies by market capitalization earlier this year. DOGE’s price has skyrocketed this year, thanks in large part to endorsement fromTesla CEO Elon Musk, who started actively promoting DOGE on Twitter in 2020.

At the time of writing, DOGE is up nearly 5,100% over the past 365 days, compared to 632% for Ether, according to data from CoinGecko. In contrast, Bitcoin is up around 160% over the past year.