Mirror Protocol profile
Mirror Protocol Profile (MIR)
Score: 3.90 | Poor
Speculative Micro Cap
Project Safety Score

Thu, Oct 28, 2021 1:37 PM

Score 3.90
Rating Poor
Market Cap $216227167.16714
24hr Volume $37073045.763472
Price $2.7813186701938
Review

Mirror Protocol

token

Ethereum

What are Mirrored Assets? MIR is the governance token of Mirror Protocol, a synthetic assets protocol built by Terraform Labs (TFL) on the Terra blockchain. Mirror Protocol is decentralized from day 1, with the on-chain treasury and code changes governed by holders of the MIR token. TFL has no intention of keeping or selling MIR tokens, and there are no admin keys or special access privileges granted. The intent for this is to be a completely decentralized, community-driven project. Mirrored assets are blockchain tokens that behave like ""mirror"" versions of real-world assets by reflecting the exchange prices on-chain. They give traders the price exposure to real assets while enabling fractional ownership, open access and censorship resistance as any other cryptocurrency. Unlike traditional tokens which serve to represent a real, underlying asset, mAssets are purely synthetic and only capture the price movement of the corresponding asset.

Read more in the whitepaper:
https://docs.mirror.finance

Mirror Protocol Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ETH: 0x09a3EcAFa817268f77BE1283176B946C4ff2E608


Ecosystems.

Mirror Protocol is a part of the following ecosystems.

Mirror Protocol Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Mirror Protocol Safety Report

Mirror Protocol has a safety score of 3.9

Mirror Protocol is a micro cap token.

Mirror Protocol is suited to a speculative investment style.


Mirror Protocol Profile

This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.

Missing Data:
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges

Mirror Protocol Red Flags

There are currently no Mirror Protocol red flags.


Mirror Protocol Development Score

The Mirror Protocol project has 13 active source code repositories.

The most recent commit was Tue, Oct 26, 2021 7:50 AM

  • 71 Watchers
  • 220 Stars
  • 81 Mentionable Users
  • 0 Vulnerabilities
  • 31 commits in the last 28 days.
Highlights:
  • extremely high repo stars
  • daily repo updates
  • very low stars
  • very poor watchers
  • very poor mentionable users

Mirror Protocol Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is very low indicating that this project is either not well-regarded in the community or simply no one is talking about Mirror Protocol. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
Highlights:
  • The overall sentiment is very low

Mirror Protocol Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Mirror Protocol?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Mirror Protocol has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • high gitHub account watchers
  • no reddit articles
  • no search result count

Mirror Protocol Awareness Score

The awareness score indicates how well Mirror Protocol is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Mirror Protocol is but a good measure of longevity is how well the project is known by the general public.

Overall Mirror Protocol this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • no search result total
  • very poor news articles mentioning Mirror Protocol
  • no news articles directly about Mirror Protocol

Mirror Protocol Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Young project age (released Dec 4, 2020)

Mirror Protocol Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • average USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Mirror Protocol Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Mirror Protocol Exchanges
Mirror Protocol Explorers
MIR
Community Trust Score (MIR)

--/5

0 reviews
No reviews
Be the first to leave a review

No one is talking about Mirror Protocol, be the first to start the conversation.

Do you think Mirror Protocol is a scam project which will disappear in a rug pull in the next few months or do you think Mirror Protocol is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

66.67%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges
Community Signals

--/5

(no reviews)
Community Trust Score
Market Cap Rank:
272
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Mirror Protocol Github
Mirror Protocol News
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    Industry participants have questioned how much retail protection decentralized finance needs, given...

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  • Terraform Labs sues the SEC, what happened? - Central Valley Business Journal

    Wed, Oct 27, 2021 6:12 AM

    Last Friday Terraform Labs and its co-founder, Do Kwon, filed a lawsuit with the United States...

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  • Chainlink Price Feeds go live on Terra testnet - Yahoo Finance

    Tue, Oct 26, 2021 12:30 PM

    Blockchain protocol Terra has integrated Chainlink Price Feeds into its testnet network to enable...

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  • Terraform Labs Co-Founder Do Kwon on the future of cryptocurrency - Yahoo News

    Mon, Oct 25, 2021 11:02 PM

    In a new interview with Yahoo Finance's Zack Guzman, Terraform Labs Co-Founder Do Kwon...

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