Mirror Protocol

Case overview

Mirror Protocol is a decentralized finance (DeFi) platform built on the Terra blockchain that enables the creation and trading of synthetic assets, known as mAssets. These mAssets are designed to mirror the price behavior of real-world assets, such as stocks, commodities, and ETFs, allowing users to gain price exposure without owning the actual underlying assets. By utilizing smart contracts, users can mint mAssets by depositing collateral, facilitating a permissionless and borderless trading experience. The protocol is governed by holders of the native MIR token, which is used for proposing and voting on changes to the system. Mirror Protocol aims to democratize access to financial markets by providing a decentralized platform for synthetic asset creation and exchange.

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