Market Cap: $2,690,561,703,467
24h Vol: $90,429,152,435
Cryptocurrencies: 30358
Markets: 109486
Cryptocurrencies: 30358
Markets: 109486
Market Cap: $2,690,561,703,467     
24h Vol: $90,429,152,435
Cryptela — Cryptocurrency News and Market Intelligence
TheBlock 2021-02-10 11:06:05

An Overview of Synthetic Assets on Mirror Protocol

An Overview of Synthetic Assets on Mirror Protocol
Quick TakeMirror Protocol is a synthetic asset issuance platform built on the Terra blockchain (Cosmos SDK) that launched on December 3rd, 2020Since its launch, Mirror Protocol has facilitated a peak of $44.4 million in daily trade volume and has $188.9 million in locked liquidityMirror Protocol’s design resembles that of stablecoin issuance protocol MakerDAO, which has led to an issue where synthetic assets trade at a premium to their real market price
Advertise on Cryptela
Latest News

Videos

  • DCA: Dollar Cost Averaging in Crypto

  • CEX vs DEX: Which Type of Crypto Exchange Is Better?

  • How to Buy LTC with Coinbase?

  • Top 5 Graphic Cards for Mining in 2022 : Discover the Best GPUs for Cryptocurrency!