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Mirror Protocol

Basic Information

InformationDetails
Project NameMirror Protocol
Project WebsiteMirror Protocol
Project DescriptionA decentralized synthetic assets protocol built on the Terra blockchain, allowing users to trade tokenized versions of real-world assets.
Project TickerMIR

Airdrop Details

InformationDetails
Airdrop TypeMIR (Governance Token)
Total Airdrop Amount18,300,000 MIR tokens
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNovember 23, 2020 (00:00 UTC for UNI, 03:36 UTC for LUNA)
Claiming StartedDecember 3, 2020
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

  • UNI Holders: Wallets must have held at least 100 UNI tokens on November 23, 2020, at 00:00 UTC.
  • LUNA Stakers: Wallets must have had staked LUNA on November 23, 2020, at 03:36 UTC.
  • Tokens were distributed pro-rata among eligible addresses.

Additional Information

  • MIR is used for governance within Mirror Protocol, enabling token holders to propose and vote on changes.
  • No admin keys or privileged access; governance is entirely decentralized.
  • Tokens can be earned via:
    • Providing liquidity for MIR/UST pairs on Terraswap or Uniswap.
    • Staking LUNA to earn MIR rewards.
    • Providing liquidity for mAsset/UST pairs on decentralized exchanges.
  • The total MIR supply follows an inflationary schedule, increasing annually until Year 4.
  • MIR staking and liquidity provision rewards vary in risk and reward potential, with MIR/UST pairs yielding the highest but carrying impermanent loss risk.
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