Mirror Protocol released Community Update for June 2021

New Cryptocurrency, Crypto Startups, IDO, IFO

Published on: 07.07.2021

To the Mirror Community,

The release of Mirror V2 this past month marked a significant step for Mirror Protocol. The protocol has seen growth on a number of fronts, from protocol design expanding to include limit orders and sLP tokens, to improved governance design incentives. The Mirror community has burgeoned, consistently providing valuable input and suggestions, which are constantly being reviewed and implemented to continuously improve Mirror. The last several months have been exciting, but with new features for V3 already being brainstormed, they are only the beginning of an era.

Mirror Milestones & Governance

Mirror Testnet launches to give users the opportunity to experience V2 & provide feedback to be incorporated into the V2 Mainnet launch.
Mirror V2 officially launches six months post-launch, bringing upgrades such as inverse (sLP) tokens, refined governance incentives, and new collateral options to the protocol.
The Mirror web app also gets a new look with a detailed dashboard to accompany. See our Mirror V2 Introductory blog for more details on the new changes!
Mirror governance milestone: 100 polls proposed.
Polls to whitelist mirrored AMD, Square, Polkadot, and Pre-IPO Robinhood are now live.
mARKK passes the threshold to be whitelisted on Mirror.
AlphaDeFi’s Fee Station provides visibility into how mAsset trades are affected by fees and slippage.

Ecosystem & Community Updates

ICYMI, Mirror Market has one of the best dashboards for Mirror Protocol.
Nebula Protocol will be creating clusters comprised of mirrored assets.
Band Protocol’s oracles power Mirror V2.
Gemini now supports $MIR deposits and custody.
The Mirror Research Hub is now up on Messari.
The Mirror Community Console on Flipside Crypto goes live.

Features

Blockchain Lets You Bet on Stocks: Mirror featured on Bloomberg’s Money Stuff newsletter.
Fake Tesla, Apple Stocks Have Started Trading on Blockchains: Bloomberg features Mirror yet again. (Must read, according to Joe Weisenthal.)
Mirror Takes on Synthetix: Delphi Digital Newsletter analysis
How Mirror’s Rising Token Price Played Out On-Chain: analysis by Flipside Crypto
Alpha tutorial on getting yield on Mirror V2 using aUST; strategy map here
Additional strategies to use across Mirror and Anchor
Tutorial on how to use Mirror V2 from DeFi Steps
Articles for V2-specific strategies: from @josephliow and Smart Liquidity
How to Claim, Stake, & Use Mirror Protocol
Dive Into DeFi: Level Up Your Traditional Investing with Mirror Finance on Terra

About Mirror Protocol

Mirror Protocol is a decentralized derivative protocol that creates synthetic assets, incubated by Terra Protocol. The synthetic assets are called Mirrored Assets (mAssets). The aim of mAssets is to mimic the price of any assets and give investors access to more assets to invest in.