Mirror Protocol (MIR)

€ 0,23320

3,27 % € 0,00763

Mirror Protocol Price in Euros

(MIR to EUR)

€ 0,23320

Mirror Protocol Volume

(24h)

€ 17.05 M

Market Cap

(Mirror Protocol)

€17.83 M
BTC

What is Mirror Protocol

Mirror Protocol (MIR) is developed by Terraform Labs and issues synthetic tokens, which can be linked to the prices of other financial products.

Mirror Protocol is a protocol that can be used for the creation of synthetic assets and was developed by Terraform Labs. This is the same company behind the development of the Terra blockchain (and the LUNA token).

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How does Mirror Protocol work?

Mirror Protocol runs on Terra's blockchain. The Terraform Labs company is not on the board of Mirror Protocol. In fact, MIR token holders can use their tokens for governance. This means that the MIR token represents a voting right, and the holders of these tokens can help decide the future of Mirror Protocol. The project is thus fully decentralized and democratized.

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How to buy Mirror Protocol?

You can buy Mirror Protocol's MIR token on Coinmerce's crypto exchange with iDEAL, SEPA, Bancontact, MyBank and Giropay. You do not pay any deposit fees for using these payment methods. Transaction fees vary by cryptocurrency.

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How to buy Mirror Protocol?

You can buy Mirror Protocol's MIR token on Coinmerce's crypto exchange with iDEAL, SEPA, Bancontact, MyBank and Giropay. You do not pay any deposit fees for using these payment methods. Transaction fees vary by cryptocurrency.

In addition to Mirror Protocol, you can also purchase more than 160 other cryptocurrencies. So because of Coinmerce, you actually only need one account to get all your crypto coins. And if something goes wrong? Then you can simply contact our Dutch support team via email or live chat.

Don't you have an account at Coinmerce yet?Then click here to create an account. If you do have an account, you can click here to buy Mirror Protocol (MIR) at Coinmerce.

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About Mirror Protocol


Mirror Protocol (MIR) is developed by Terraform Labs and issues synthetic tokens, which can be linked to the prices of other financial products.

Mirror Protocol is a protocol that can be used for the creation of synthetic assets and was developed by Terraform Labs. This is the same company behind the development of the Terra blockchain (and the LUNA token).

Synthetic assets, or also called synthetic tokens, are crypto tokens that track and represent the prices of physical or financial products. This means that the value of the token is always equal to the value of the product it tracks.

For example, there are synthetic tokens that are linked to gold. The value of the token is then always equal to the price of gold. A synthetic token can also be linked to a mortgage, artwork, stock, etc.

This is also where the name of the project comes from. Mirror Protocol in fact reflects the price of other products. The value of the token cannot be individually influenced by supply and demand.

A synthetic token could be compared to the crypto or blockchain version of an ETF (Exchange Traded Fund). ETFs are products that are sold within the stock market and have their value tied to an underlying product.

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Founded 2020
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Industry Defi
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Website Website
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Network Ethereum, Terra & Smart chain
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Location Prague, Czech Republic
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Rank 643
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Market Cap 17.83 M
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Trading volume 17.05 M
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Circulating 77.74 M
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Twitter Twitter
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gitHub gitHub
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Medium Medium