Mirror Protocol MIR price:

$0.016537 (-4.64%)
1h-0.99%
24h-4.64%
Week+11.5%
Month+8.1%
Year+21.06%
0.00000632 ETH (-4.18%)
0.00000026 BTC (-2.7%)
$0.016077 24h Range $0.017458

Mirror Protocol (MIR) Metrics

Market Cap
$1 285 605 20.00 BTC
All Time High
$5.14 23 Jun 21 % to ATH (30 679.24%)
Volume (24h) Rank 2579
$46 389.70 0.732392 BTC
Circulating Supply
77 742 680 Total:370 575 000

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About Mirror Protocol

Mirror is a DeFi protocol powered by smart contracts on the Terra network that enables the creation of synthetic assets called Mirrored Assets (mAssets). mAssets mimic the price behavior of real-world assets and give traders anywhere in the world open access to price exposure without the burdens of owning or transacting real assets.

The minting of mAssets is decentralized and is undertaken by users throughout the network by opening a position and depositing collateral. Mirror ensures that there is always sufficient collateral within the protocol to cover mAssets, and also manages markets for mAssets by listing them on Terraswap against UST.

The Mirror Token (MIR) is minted by the protocol and distributed as a reward to reinforce behavior that secures the ecosystem. With it, Mirror ensures liquid mAsset markets by rewarding MIR to users who stake LP Tokens obtained through providing liquidity. Also to incentivize users to ensure mAssets to mimic the price behavior of real-world assets, users who stake sLP Tokens obtained through shorting mAssets are rewarded with MIR.MIR is valuable as it is can be staked to receive voting privileges and to earn a share of the protocol's CDP withdrawal fees.

Mirror Protocol [MIR] is a token based on Ethereum, Binance Coin blockchain. The most actual price for one Mirror Protocol [MIR] is $0.016537. Mirror Protocol is listed on 7 exchanges with a sum of 14 active markets. The 24h volume of [MIR] is $46 389.70, while the Mirror Protocol market cap is $1 285 605 which ranks it as #1350 of all cryptocurrencies. You can find more information about Mirror Protocol [MIR] on docs.mirror.finance mirror.finance

MIR Markets

# Exchange Pair Volume (24h) Price Volume (%) Category Fee Type Updated
1 $10 089.28$0.01682719.300000%SpotPercentage2 minutes ago
2 $259.13$0.0168420.500000%SpotPercentage2 minutes ago
3 $28.67$0.0165130.050000%SpotPercentage2 minutes ago
4 $0.00000000$0.0199900.000000%SpotPercentage2 minutes ago
5 $0.00000000$0.0199860.000000%SpotPercentage2 minutes ago
Show more markets...

News All News

Mirror Protocol Basics

Development status Working product
Org. Structure Centralized
Consensus Mechanism Not mineable
Algorithm None
Hardware wallet Yes
Started 8 December 2020
over 3 years ago
Website
WalletCoins Mobile App
Asset typeToken
Contract Address
Explorers (2)
Tags
  • Ethereum (ETH) Token (ERC-20) (11228)
  • DeFi (323)
  • Binance Coin (BNB) Token (BEP-20) (12727)
  • Derivative (55)
  • Alleged SEC Securities (45)

Frequently Asked Questions

Frequently Asked Questions

Get more info about Mirror Protocol Cryptocurrency
  • How to buy Mirror Protocol? How can I buy the Mirror Protocol coin? Mirror Protocol stock how to buy? How to get Mirror Protocol?

    To find out where you can buy currency Mirror Protocol see the list of available exchanges.

  • Where to trade Mirror Protocol?

    Click here to see the list of available exchanges for Mirror Protocol.

  • Mirror is a DeFi protocol powered by smart contracts on the Terra network that enables the creation of synthetic assets called Mirrored Assets (mAssets). mAssets mimic the price behavior of real-world assets and give traders anywhere in the world open access to price exposure without the burdens of owning or transacting real assets. The minting of mAssets is decentralized and is undertaken by users throughout the network by opening a position and depositing collateral. Mirror ensures that there is always sufficient collateral within the protocol to cover mAssets, and also manages markets for mAssets by listing them on Terraswap against UST. The Mirror Token (MIR) is minted by the protocol and distributed as a reward to reinforce behavior that secures the ecosystem. With it, Mirror ensures liquid mAsset markets by rewarding MIR to users who stake LP Tokens obtained through providing liquidity. Also to incentivize users to ensure mAssets to mimic the price behavior of real-world assets, users who stake sLP Tokens obtained through shorting mAssets are rewarded with MIR.MIR is valuable as it is can be staked to receive voting privileges and to earn a share of the protocol's CDP withdrawal fees.

  • Mining Mirror Protocol coin

    Mirror Protocol coin has a consensus mechanism: . You can mint these coins with the None algorithm.

  • Mirror Protocol is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.

  • What is the value of Mirror Protocol coin?

    1 Mirror Protocol is worth $0.016537.

  • To get price and historical data for Mirror Protocol coin, use API ID: mir-mirror-protocol for endpoints at http://api.coinpaprika.com.

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