What are Mirrored Assets?
MIR is the governance token of Mirror Protocol, a synthetic assets protocol built by Terraform Labs (TFL) on the Terra blockchain.
Mirror Protocol is decentralized from day 1, with the on-chain treasury and code changes governed by holders of the MIR token. TFL has no intention of keeping or selling MIR tokens, and there are no admin keys or special access privileges granted. The intent for this is to be a completely decentralized, community-driven project.
Mirrored assets are blockchain tokens that behave like ""mirror"" versions of real-world assets by reflecting the exchange prices on-chain. They give traders the price exposure to real assets while enabling fractional ownership, open access and censorship resistance as any other cryptocurrency. Unlike traditional tokens which serve to represent a real, underlying asset, mAssets are purely synthetic and only capture the price movement of the corresponding asset.
Where is Mirror Protocol available for purchase?
You can exchange MIR tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Mirror Protocol is MEXC, notably the MIR/USDT pair, which saw a trading volume of $ 54,570 in the past day. Additionally, Kraken and Uniswap V2 (Ethereum) are popular alternatives for trading tokens.
What is the highest value Mirror Protocol (MIR) has ever reached?
Mirror Protocol (MIR) reached its peak price at 12.9 $ on 10 April 2021, approximately 4 years ago ago. Presently, the current price is -99.9% lower than this all-time high.
What is the historical minimum price for Mirror Protocol (MIR)?
The minimum price reached for Mirror Protocol (MIR) was 0.009794 $, documented on 21 November 2023, more than 2 years ago. In comparison, the current price is 21.48%, it above this historical low.
What is the fully diluted valuation of Mirror Protocol (MIR)?
The fully diluted valuation (FDV) of Mirror Protocol (MIR) stands at $ 4,43 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 370,575,000 MIR tokens. The realization of this FDV might take several years depending on the emission schedule of MIR tokens.
How to add Mirror Protocol (MIR) to MetaMask?
By integrating Mirror Protocol (MIR) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import MIR as a token. You can either manually import MIR by copying its contract address (0x5b6dcf557e2abe2323c48445e8cc948910d8c2c9) or use MetaMask's Chrome extension to add MIR with a single click through P.CASH.
How to add Mirror Protocol (MIR) to TrustWallet?
Incorporating Mirror Protocol (MIR) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include MIR, you can either manually import it using the contract address (0x5b6dcf557e2abe2323c48445e8cc948910d8c2c9) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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