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).
Mirror Protocol was created by a team of developers led by Do Kwon, the co-founder and CEO of Terraform Labs.
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.
Try our free Mirror Protocol (MIR) portfolio tracker if you want to efficiently keep track of your MIR and other coin/token investments.