2. Under the "WRAP" menu, wrap the amount of sOHM against which you want to borrow to wsOHM.
3. Go to the "BORROW" menu. Type the amount of wsOHM that you want to use as collateral and type the amount of MIM you want to borrow.
4. Click "ADD COLLATERAL AND BORROW" and sign the transaction. When the transaction is processed successfully, the borrowed MIM amount will appear in your wallet.
If this is your first interaction with the App, you need to approve the Abracadabra's contract to spend your token first. However, you only need to perform this once - subsequent wrapping or borrowing process doesn't require the token approval step.