Mirror protocol of synthetic asset track

Synthetic asset racetrack Mirror Protocol

What is? Mirror Protocol

Official website ：https://www.mirror.finance/
twitter ：https://twitter.com/home

Synthetics protocol for on-chain price exposure to real-world assets - accessible to all.

Mirror Protocol It is a synthetic asset casting and trading platform . stay Mirror Protocol You can cast stocks 、 futures 、 Synthetic tokens for assets such as funds mAssets(Mirrored Assets), And users can use blockchain wallets to trade directly on the platform ( There is no need to KYC).Mirror Protocol be based on Terra Chain construction , The follow-up will be through Shuttle Cross chain bridge will introduce synthetic assets to other public chains , Currently supported Terra、 Ethereum and BSC.

Mirror Protocol It's a DeFi agreement , Users can create Mirror assets （mAsset）.mAsset The price of will track the price of underlying assets in the real world market , Enable traders to access the price exposure of real-world assets . Mirror Protocol It can ensure that there are enough assets in the agreement to cover mAsset, And by putting it online based on UST The deal is right Terraswap Come up and manage mAsset The market of .mAssets The casting is decentralized , Users can create positions and deposit collateral .

1. Not subject to geographical and market access restrictions , Anyone can buy it in any country

2. No, KYC and AML The limitation of

3.7*24 Hour trading

4. Small orders can be traded ( For example, you can buy one thousandth of apple stock )

5. Based on flow pool , Low flux stocks can get a lower sliding point

6. Directly in Uniswap Make a deal

Mirror Protocol Synthetic assets by casting （mAssets）（mAsset The birth of , It will greatly reduce the threshold for ordinary people to participate in the US stock market , There is no need to hold a whole share , No review , There is no limit to trading ）, The method of anchoring US stock prices to solve this problem , The agreement tracks stocks 、 futures 、 The price of exchange traded funds and other traditional financial assets , Thus connecting cryptocurrencies with traditional markets .

Now , There are apples 、 tesla 、 twitter 、 Microsoft and other stock tokens were forged , Can be found in Uniswap and Terraswap Trade on .

Be careful , The U.S. stock tokens forged and traded here do not represent the real ownership of the stock in reality , Just anchor the price of the asset , Be similar to DAI The distribution of , In other words, there will be no dividend

Mirror A synthetic asset agreement that tracks real-world asset prices .
Mirror You can use stable currency to synthesize stock assets , stay MIR Trading in U.S. stocks on mAssets Unwanted KYC authentication , This means lowering the threshold for many users to participate in U.S. stock trading .
Mirror Protocol Combine the encryption market with the traditional market , And introduced us equity assets , And reduce the transaction threshold of users . Have a certain prospect .

The project team

“ We are motivated to provide global retail investors with an easier way to participate in the U.S. stock market .”

2020 year 12 month 3 Japan , Korean stable currency project Terra（Luna） behind Terraform Labs CEO Do Kwon Say so on twitter .

American stocks are a very attractive asset class in the world , Apples spring up 、 Tesla and other star stocks , But for most people in the world , Entry value 36.3 Opportunities in the trillion dollar market are limited .

12 month 4 Japan ,Mirror Protocol Officially launched

Mirror Protocol And Terra Both South Korea Terraform Labs Team building , Co founder and CEO Do Kwon Once ranked Forbes 30 position 30 List of elites under the age of . The team has rich experience in the blockchain industry , And rely on Terra Flag CHAI、MemePay, Have a good user base .

Other reference

Mirror Protocol： stay Uniswap Trading in U.S. stocks
Reference resources URL: https://xueqiu.com/1810177210/165160399