#1406 rank
Mirror Protocol

Mirror Protocol mir

Mirror Protocol Price in USD

$0.142

3.15%

0 ETH

0 BTC

Price Change

MIN

MAX

Mirror Protocol Price Statistics

Current Price

$0.142

Fully Diluted MarketCap

$28,621,980

Total Volume

341,918

Total Supply

370,575,000

Circulating Supply

156,055,246.857

What is Mirror?

Mirror Protocol mirror-protocol|c|mir is a Decentralized Financial (DeFi) application built on the Terra blockchain to create synthetic assets called Mirrored Assets, or mAssets.  Mirrored assets are blockchain tokens that act like "mirror" versions of real-world assets. It gives users the price exposure to assets like Tesla and Apple stock while enabling fractional ownership, open access, and censorship resistance. MIR is the governance token of Mirror Protocol which captures the fees

The Team Behind Mirror

Mirror was created by Terraform Labs (TFL), the company behind the Terra/Luna blockchain, in December 2020. Daniel Shin and Do Kwon founded Terraform Labs. TFL is one of the biggest and most in-demand companies in the cryptocurrency space and has raised $150m from significant crypto investors like Arrington XRP Capital, Pantera Capital, Galaxy Digital, and BlockTower Capital. TFL developed Mirror to be decentralized and community-run at launch, burning the admin keys and not granting special access privileges to specific users

Top Value Drivers For Mirror

The main reasons to invest in Mirror include: - Global Accessibility: In most markets outside of Europe & North America, access to foreign stocks and forex markets is minimal. Crypto allows global accessibility without any barriers. -Fractional Orders: In traditional finance, multiple fractional orders are bundled together to achieve a unitary transaction to perform a fractional order. By using the blockchain, there is no need for the intermediary bundling process. - Nearly-Instantaneous Order Execution. - MIR token can be staked to receive voting privileges and to earn a share of the protocol's fees

FAQs

The current price of Mirror Protocol is USD 0.142.

The total supply of Mirror Protocol is 370,575,000 and circulating supply of Mirror Protocol is 156,055,246.857

The trading volume of Mirror Protocol is 341,918 in the last 24 hours.