Equity Overview
Price & Market Data
Price: $0.00726
Daily Change: +$0.0₄8 / 1.10%
Daily Range: $0.00701 - $0.00757
Market Cap: $2,690,374
Daily Volume: 1,652
Details
What is Mirror Protocol (MIR)?Mirror Protocol is a decentralized platform that allows users to create and trade synthetic assets, also known as "mirrored assets". These assets track the price of real-world assets, such as stocks, commodities, and exchange-traded funds (ETFs).Who created Mirror Protocol (MIR)?Mirror Protocol was created by a team of developers led by Do Kwon, the co-founder and CEO of Terraform Labs.What is Mirror Protocol (MIR) used for?Mirror Protocol is primarily used for trading synthetic assets, which are created by "mirroring" the price movements of real-world assets. Users can trade these synthetic assets on the Mirror Protocol platform, allowing them to gain exposure to the price movements of a wide range of real-world assets without actually owning them. Mirror Protocol also allows users to participate in liquidity provision and governance processes, by staking MIR tokens.Telegram | Discord | Medium