Mirror Protocol priceMIR
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About Mirror Protocol(MIR)
The Mirror Protocol, a decentralized finance (DeFi) platform, is revolutionizing the way we approach traditional financial markets. As cryptocurrencies continue to gain popularity, Mirror Protocol stands out as a unique and innovative project that aims to provide synthetic assets representing real-world assets. One of the key features of Mirror Protocol is its ability to create and trade synthetic assets called "mirrors" on the blockchain. These mirrors allow users to gain exposure to a wide range of real-world assets, such as stocks, commodities, and currencies, without actually owning the underlying assets. This opens up opportunities for investors to diversify their portfolios and access traditional markets that were previously inaccessible. Mirror Protocol achieves this through the use of smart contracts on the Terra blockchain. These smart contracts ensure that the value of the synthetic assets mirrors the value of the real-world assets they represent. This mechanism provides users with a reliable and transparent way to participate in the global financial markets. Another important aspect of Mirror Protocol is its decentralized governance model. By leveraging the power of decentralized autonomous organizations (DAOs), Mirror Protocol empowers its community to make important decisions regarding the platform. Token holders can propose and vote on changes, ensuring that the platform evolves in a decentralized and democratic manner. Furthermore, Mirror Protocol is built to be user-friendly and accessible. Users can easily mint and trade synthetic assets through various interfaces, including the official protocol website and supported decentralized exchanges. This ease of use encourages wider adoption and participation in the protocol. The Mirror Protocol token, MIR, plays a crucial role in the ecosystem. Token holders can stake their MIR tokens to contribute to the protocol's governance and earn rewards. Additionally, staking MIR tokens grants users voting power on proposals and decisions related to the development and operation of Mirror Protocol. In conclusion, Mirror Protocol is a trailblazer in the world of decentralized finance, offering users the ability to access and trade synthetic assets representing real-world assets. Its focus on decentralization, user-friendliness, and innovative governance model sets it apart from traditional financial systems. As the crypto market continues to grow, Mirror Protocol presents a compelling opportunity for investors to explore new avenues and diversify their portfolios.
MIR to local currency
Crypto calculator- 1 MIR to USD$0.03
- 1 MIR to JPY0.030269152
- 1 MIR to VND0.030269152
- 1 MIR to RUB0.030269152
- 1 MIR to EUR (Español)0.030269152
- 1 MIR to TRY0.030269152
- 1 MIR to EUR (Italiano)0.030269152
- 1 MIR to EUR (Français)0.030269152
- 1 MIR to EUR (Deutsch)0.030269152
- 1 MIR to CNY0.030269152
- 1 MIR to TWD0.030269152
- 1 MIR to EUR (Português)0.030269152
- 1 MIR to IDR0.030269152
- 1 MIR to THB0.030269152
- 1 MIR to PLN0.030269152
- 1 MIR to UAH0.030269152
- 1 MIR to UZS0.030269152
- 1 MIR to SAR0.030269152
- 1 MIR to PHP0.030269152
Trade MIR perpetual futures
After having successfully signed up on Bitget and purchased USDT or MIR tokens, you can start trading derivatives, including MIR futures and margin trading to increase your income.
The current price of MIR is $0.03027, with a 24h price change of -8.74%. Traders can profit by either going long or short onMIR futures.
Join MIR copy trading by following elite traders.
Mirror Protocol news
See moreHow to allow thousands of nodes to multi-sign BTC and re-stake to reshape the future of L2 upstream
Terraform faces ‘significant liability’ after SEC trial
Terraform plans to appeal an earlier summary judgment from Judge Rakoff pending the trial outcome
Terraform Labs filed for bankruptcy to protect against potential SEC money judgment
Terraform Labs CEO explained that the firm's current focus is not profit generation.
Chai payments app, used to promote Terra ecosystem, didn't use crypto: SEC whistleblower
Quick Take A judge has ruled that four assets related to the Terra/Luna ecosystem are unregistered securities, deciding against defendants Terraform Labs and its founder Do Kwon in summary judgment. In the decision, Judge Rakoff also detailed evidence that the Chai payments platform, often touted as an example of a real-world use case for the Terra/Luna ecosystem, merely mirrored payments made through traditional means on the Terra blockchain.
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Mirror Protocol Social Data
In the last 24 hours, the social media sentiment score for Mirror Protocol was 4, and the social media sentiment towards Mirror Protocol price trend was Bullish. The overall Mirror Protocol social media score was 33, which ranks 1032 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Mirror Protocol being mentioned with a frequency ratio of 0%, ranking 466 among all cryptocurrencies.
In the last 24 hours, there were a total of 201 unique users discussing Mirror Protocol, with a total of Mirror Protocol mentions of 22. However, compared to the previous 24-hour period, the number of unique users increase by 14%, and the total number of mentions has decrease by 39%.
On Twitter, there were a total of 1 tweets mentioning Mirror Protocol in the last 24 hours. Among them, 100% are bullish on Mirror Protocol, 0% are bearish on Mirror Protocol, and 0% are neutral on Mirror Protocol.
On Reddit, there were 20 posts mentioning Mirror Protocol in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 31% .
All social overview
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