The Power of Mirrored Assets with Mirror Protocol


Understanding Mirrored Assets


Welcome to Mirror Protocol, where innovation meets decentralization. At the heart of Mirror Protocol lies MIR, the governance token driving a revolutionary synthetic assets protocol developed by Terraform Labs (TFL) on the Terra blockchain.


From its inception, Mirror Protocol has been committed to decentralization. With on-chain treasury and governance handled by MIR token holders, TFL relinquishes control, ensuring a truly community-driven ecosystem. There are no admin keys or special privileges, reaffirming Mirror Protocol's dedication to decentralization.


But what exactly are mirrored assets?


Mirrored assets represent a groundbreaking concept in blockchain technology. They mirror real-world assets by reflecting their exchange prices on-chain, offering traders unparalleled price exposure to real assets while enabling fractional ownership, open access, and censorship resistance akin to any other cryptocurrency. Unlike traditional tokens representing underlying assets, mirrored assets are purely synthetic, capturing only the price movements of their real-world counterparts.


Why Choose Mirrored Assets?


1. Global Accessibility: In markets beyond Europe and North America, accessing foreign equities and forex markets is often challenging. Mirrored assets eliminate entry barriers, offering global accessibility to traders worldwide.


2. Fractional Orders: Traditional finance requires bundling multiple fractional orders to execute a unitary transaction, leading to delays. Mirrored assets leverage blockchain technology to represent order volumes as simple numbers, bypassing the need for intermediary bundling processes.


3. Instantaneous Order Execution: Unlike traditional markets where order execution can take up to a day due to liquidity constraints, Mirror Protocol ensures nearly-instantaneous order execution. Leveraging liquidity from individual asset pools, orders are executed as fast as the network's blocktime (~6 seconds), offering traders unparalleled efficiency.**


Experience the Future of Trading with Mirror Protocol


Join us as we redefine the boundaries of trading with Mirror Protocol. Explore the limitless possibilities of mirrored assets and embrace a decentralized future where innovation knows no bounds.