Synthetic assets (massets)

Synthetic assets are part of Mirror Protocol

They are a tokenized representation of real stocks trading on the Terra blockchain and their price mimics the price of the real-world asset (such as Tesla).

You can earn MIR token rewards for various contributions to the Mirror Protocol such as providing liquidity, or partaking in governance - which in many simulations will vastly outperform meager stock dividends anyway!

You can also trade and own fractional shares of stocks (such as 0.4 tesla) without having to buy entire shares!

Synthetic assets do not give you ownership of actual stocks. and therefore do not entitle you to stock dividends.

Synthetic assets on Mirror give users unprecedented access to trade and benefit from popular asset price exposure without any special permissions or registrations needed from anywhere on earth.