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What is Mirror Protocol Trade any stock from anywhere
MIR is the governance token of Mirror Protocol, a synthetic assets protocol built by Terraform Labs (TFL) on the Terra blockchain. Mirror Protocol is decentralized from day 1, with the on-chain treasury and code changes governed by holders of the MIR token.
The Mirror Protocol is entirely built and governed by the community of MIR token holders, which is fairly distributed via liquidity and platform incentives without a team or investor pre-mine. MIR tokens can be used to propose and vote on important changes to the protocol here . Join the community In the news
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Mirror Protocol is a new entrant in the now expanding space of synthetic assets platforms. It works on the Terra blockchain and is available on Ethereum via the Shuttle-bridge. Also, these platforms allow every asset to be represented on the blockchain. So, Mirror Protocol allows synthesis and management of these tracked assets, what else does it do?
Mirror Protocol (MIR) Review: What You NEED To Know!!
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Mirror protocol is an interchain DeFi platform that also exists on Ethereum based Uniswap exchange. Assets on the protocol can be transferred to the Ethereum blockchain through a bridge called Shuttle. Thereby enabling Terra based assets like mAssets, MIR and UST tradable on Uniswap.
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Mirror Protocol is a DeFi protocol built on Terra’s blockchain for issuing and trading synthetic assets, called Mirrored Assets (mAssets). Mirror users are afforded the opportunity to participate in previously inaccessible markets, whether their former preclusion was dependent on government-dictated restrictions or a lack of capital to participate.
What's going on with Mirror Protocol? : mirror
What Is Mirror Protocol (MIR)? All About MIR Token
The Mirror Protocol promises the ability to trade equities (U.S. equities currently) 24/7 anywhere in the world by any person. The project does this by minting synthetic assets, or what they’ve named Mirror Assets (mAssets). It was created by and runs on the Terra Network, and is powered by smart contracts.
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On Mirror protocol, the mSQ-UST long farm currently shows a 20% APR. On Terraswap Dashboard, the mSQ-UST yield shows 5%. Is the 20% shown on Mirror protocol (#1) inclusive of the 5% (#2), i.e., the 20% aggregates the rewards paid in MIR (so it's actually around 15% paid in MIR tokens) AND the estimated transaction fees received by the pool (the .
Mirror Protocol (@mirror_protocol) Twitter
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