Mirror Protocol
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About Mirror Protocol
Mirror Protocol (MIR) is a decentralized synthetic assets protocol built on the Terra blockchain by Terraform Labs. It allows users to create and trade mirrored assets, known as mAssets, which are synthetic tokens that track the price of real-world assets such as stocks and commodities. Unlike traditional tokenized assets, mAssets do not represent actual ownership but purely replicate price exposure, enabling fractional ownership and open access. MIR serves as the governance token, giving holders voting rights over protocol changes, with no admin keys or special privileges retained by the founding team.
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