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Exchange Mirror Protocol

If you're looking to swap Mirror Protocol, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Mirror Protocol or some fresh information about mir’s price movements. And, of course, we provide you with the multiple Mirror Protocol exchange options so that you can choose the offer with the best rates and lowest Mirror Protocol fees, as well as other parameters that suit you.

Mirror Protocol Price Stats

To help you make a decision about exchanging your Mirror Protocol, we gathered some cold hard numbers: Mirror Protocol price chart and other stats, such as Mirror Protocol market cap.
24H HIGH

$0.491

MIR MARKET CAP

$157,864,950

CIRCULATING SUPPLY

370,575,000 MIR

24H LOW

$0.344

MIR PRICE

$0.426

24H VOLUME

$17,689,959.907

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Mirror Protocol Price Chart

Here you can see the current price of Mirror Protocol, as well as Mirror Protocol price history.

What is Mirror Protocol?

MIR is a governance token facilitating the usage and development of Mirror Protocol – a DeFi project which allows the users to mint and trade synthetic assets tracking the real-world asset prices. This project was developed by Terraform Labs, which previously built the Terra blockchain and issued the stablecoin UST and the native token LUNA. Mirror Protocol was launched in late 2020 on the same blockchain. 

The point of Mirror Protocol is to allow people to gain exposure to the real assets’ prices without the need to buy and sell those assets themselves. This is achieved by issuing their mirrors – mAssets, which live on-chain, track real assets’ prices, and are backed by collateral at minting. Using blockchain technology to manage these assets makes them more accessible for people than many other financial instruments, like some of the traditional derivatives – for example, blockchain provides a fast and easy way of trading fractional shares.

MIR tokens are used mostly for governance purposes via staking. However, in the Mirror Protocol V2, which was recently rolled out, MIR appeared as one of the new collateral options for minting mAssets (previously only UST was accepted). Several other new features were added in this version, such as the support of pre-IPO Assets, “Mint/Short" LP Token, and some governance issue fixes.

A Simple Way To Exchange Mirror Protocol Here At SwapSpace

Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 800 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

Frequently Asked Questions

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