Mirror Protocol Profile (MIR)
Project Safety Score
Thu, Oct 28, 2021 1:37 PM
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:
Mirror Protocol Smart contracts and audits.
Below are the available smart contract addresses and any associated contract audits.
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.
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.
- project team
- bitcointalk thread
- tradingview profile
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.
- 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!
- 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.
- 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.
- 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?
- 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
- 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.
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- project team
- bitcointalk thread
- tradingview profile
Market Cap Rank:
Bulls v Bears:
Mirror Protocol Github
Mirror Protocol News
Cardano builds strong fundamentals to flip Ethereum - FXStreetThu, Oct 28, 2021 7:55 AM
At a time when financial regulatory agencies worldwide have increased their scrutiny of...read more...
Why SEC's Gensler is calling for more investor protections as DeFi blossoms - Yahoo FinanceWed, Oct 27, 2021 4:42 PM
Industry participants have questioned how much retail protection decentralized finance needs, given...read more...
Terraform Labs sues the SEC, what happened? - Central Valley Business JournalWed, Oct 27, 2021 6:12 AM
Last Friday Terraform Labs and its co-founder, Do Kwon, filed a lawsuit with the United States...read more...
Chainlink Price Feeds go live on Terra testnet - Yahoo FinanceTue, Oct 26, 2021 12:30 PM
Blockchain protocol Terra has integrated Chainlink Price Feeds into its testnet network to enable...read more...
Terraform Labs Co-Founder Do Kwon on the future of cryptocurrency - Yahoo NewsMon, Oct 25, 2021 11:02 PM
In a new interview with Yahoo Finance's Zack Guzman, Terraform Labs Co-Founder Do Kwon...read more...