Mirror Protocol

　　Mirror Protocol is a decentralized finance (DeFi) platform that enables the creation and trading of synthetic assets, which mirror the price behavior of real-world assets like stocks, commodities, or ETFs. Built on the Terra blockchain, Mirror uses smart contracts to ensure that these synthetic assets, known as “mAssets,” track the prices of their underlying assets without holding the actual assets. Users can mint new mAssets by locking up collateral in the form of TerraUSD (UST) or other approved tokens, which helps maintain the peg to the real-world prices.

　　The platform allows for global access to financial markets, especially for those in regions where access to traditional stock markets is restricted. Additionally, Mirror Protocol provides a mechanism for decentralized governance, allowing MIR token holders to vote on various proposals related to the development and operation of the platform. This includes adding new mAssets, adjusting platform parameters, or upgrading system functionalities. Mirror aims to democratize finance by making investment opportunities more accessible and censorship-resistant.