Pancakeswap New Syrup Pool with Mirror Protocol
Users will able to stake CAKE to earn UST tokens. 300,000 UST up for grabs for the community. Farming will start on block 7288800 on May 10 at 8AM UTC. Pancakeswap will provide the farm.
Mirror Protocol
Mirror is a DeFi protocol powered by smart contracts on the Terra network that enables the creation of synthetic assets called Mirrored Assets (mAssets). mAssets mimic the price behavior of real-world assets and give traders anywhere in the world open access to price exposure without the burdens of owning or transacting real assets.
$UST Token
TerraUSD is a dollar-pegged algorithmic stablecoin, where the cost of minting is equal to the face value of the stablecoins minted — in order to mint 1 TerraUSD, only $1 worth of the reserve asset ($LUNA) must be burned.