Bring the world's assets to the blockchain
Mirror Protocol combines simplicity like Robinhood with global reach and access, fairness, 24/7 trading, and gives 100% control to the community. This breaks the traditional brokerage model in pieces!
Mirror is a trading revolution!
Mirror Protocol enables the creation of synthetic assets called "Mirrored assets"
Those mirrored assets mimic the price behaviour of real-world assets
That is right, you can now trade assets from anywhere in the world!
Even if you're from Thailand you can now trade us equities and commodities like Tesla, GME, Apple, Gold and many more!
Mirror evolves with new ideas through democratic governance, it is developed and steered by its community
How is this possible?
Let's dive into Mirror
mirror protocol runs on the terra blockchain
Mirror users from anywhere on earth can benefit from unprecedented access to trade and popular asset price exposure, without any additional registration requirements or needed permissions.
Three simple steps to start investing in massets like tesla
Need help understanding what are mAssets? click here
1. Convert your fiat money into TerraUsd (UST)
To use mirror, you will need UST. You can buy UST with your bank account or debit/credit card on the supported exchange: Kucoin (USA), ZenGo, Bittrex, or through Moonpay
2. Create a Terra Station wallet
You need a terra wallet to be able to transact on the Terra blockchain and connect to mirror protocol. Download the chrome extension and the desktop app.
How to make a terra wallet video
3. Connect your wallet to mirror and start trading
Once you have created your terra wallet and installed the chrome extension, connect on Mirror Protocol app and you can start trading massets with UST on the Trade page.
4. Learn how you can provide liquidity in the different pools, control the future of Mirror through governance and mint a position
1.Click here to learn about how you can provide liquidity in the different pools.
2.Click here to learn about how you can impact the future of Mirror Protocol with community governance, and how you can stake your MIR tokens
3.Click here to learn about how you can mint a position on Mirror Protocol (advanced)
Earn MIR token rewards by providing liquidity in the various pools.
Use any massets like mtsla or maapl or even your mir tokens to earn more mir token rewards.
Get access to high percentage yields by providing liquidity now!
Three simple steps to provide liquidity on mirror and get access to high percentage yields
1. Buy UST and any mAssets or MIR tokens
To provide liquidity you will need to equally provide both sides of a trading pair, in this case UST and any mAsset/MIR token
Example: If you want to invest 10,000$ into the mCoin-UST LP pool you will need to buy 5000$ worth of mCoin and buy 5000$ worth of UST
Click here if you don't know how to buy mAssets or UST
3. Stake your LP in the pool
Once you have your LP tokens, go in the Stake tab.
Click on the appropriate pool, for the example above mCoin-UST LP and stake your LP tokens.
2. Convert mAssets and UST into LP
To provide liquidity you will need to convert your mAssets and UST into liquidity pool (LP). Go into the Pool tab and click provide. Select the mAssets you wish to transform into LP, Mirror will calculate the amount of UST you will need to deposit as well.
4. Keep track of your rewards
You can keep track of your rewards on the main page, don't forget to claim them!
5. Some things to keep in mind
When you provide liquidity, make sure you understand the concept of impermanent loss.
Mirror lets you earn MIR tokens by providing your mAssets in the liquidity pool, the volatility of those assets generally impacts the APR you get.
Mirror uses a special decentralized protocol run by the community of mir token holders who have an interest in making the trading protocol as robust and fair as possible.
mir token holders can create and vote on polls to decide the future of mirror protocol.
mirror is not owned by any entity.
