Mirror ProtocolVerified account
@mirror_protocol
Synthetics protocol for on-chain price exposure to real-world assets - accessible to all.
TG: http://t.me/mirror_protocol
Mobile app: @Mirror_Wallet
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1/ The Mirror Web App
Like the protocol itself has always been, the front-end of the Mirror Web App is now fully decentralized. It has been open-sourced and is now hosted on @IPFS. https://terra.mirror.finance/ is now redirected to the IPFS-deployed version of the UI.Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Mirror Protocol Retweeted
If Mirror listed mUSD we could build our own Terra native money printer.
@mirror_protocol@terra_money@stablekwonThanks. Twitter will use this to make your timeline better. UndoUndo -
Mirror Protocol Retweeted
There is now a juicy proposal on Injective to enable
@terra_money ecosystem price feeds.#LUNAtics are you ready to launch$UST pairs on Injective for$LUNA,$MIR and$ANC perpetuals?
https://hub.injective.network/proposals/79 Thanks. Twitter will use this to make your timeline better. UndoUndo -
Mirror Protocol Retweeted
Explore Terra’s DeFi ecosystem in Liquality Wallet now! From earning high yields on stablecoins to receiving rewards for providing liquidity, there’s something for everyone.
@anchor_protocol@mirror_protocol@terra_money@ApolloDAO Read more
https://liquality.io/blog/exploring-the-terra-ecosystem-with-liquality-wallet/?utm_source=t.co&utm_medium=referral&utm_campaign=terraecoliqnov21 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
11/ It is highly recommended that you close any positions using the mentioned two assets (MIR & ANC) as collateral.
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10/ Continued: 2. Collateral withdrawal or closing of borrowed / short positions MIR / ANC will be allowed. 3. Even after the two assets are delisted from the collateral list, liquidations can still happen.
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9/ If this poll passes by majority YES vote, the following changes are expected: 1. No more borrowed / short positions can be opened with MIR or ANC collateral, and depositing more collateral will also be blocked to these positions.
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8/ Since the prices of MIR and ANC can change more dramatically due to smaller liquidity volume, borrowed / short positions open with these collateral are more likely to be liquidated.
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7/ Continued: - With the liquidity provision segregated into two different AMMs, price of the two tokens is more volatile, and positions open with these collateral are more vulnerable to liquidation.
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6/ When the above polls pass, the following events are expected to happen: - Large number of users will migrate MIR-UST LP from Terraswap to Astroport for dual yield farming opportunities for both ASTRO and MIR token rewards.
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5/ As of today, the polls to redirect MIR-UST rewards to Astroport are highly likely to pass. Poll on Mirror: https://mirrorprotocol.app/#/gov/poll/167 Poll on Anchor: https://app.anchorprotocol.com/poll/7
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4/ As a proof of low demand, the number of positions open with MIR and ANC collateral is extremely low. As of Nov 26th 2021: Total number of CDPs open: 18,900 Positions open with MIR collateral: 22 Positions open with ANC collateral: 6
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3/ As a result, the minimum collateral ratios for ANC and MIR are much higher than other collaterals. Users would have to deposit much more value to open positions with these two types, and frequently pay attention to the volatile price changes of the collateral.
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2/ For context, the general trend of borrowed position holders in Mirror Protocol seem to prefer collateral with low volatility and minimum collateral ratio threshold. However, both MIR and ANC tokens have a collateral multiplier of 1.333334.
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1/ A new Mirror Forum post is proposing to delist
$ANC and$MIR as collateral types in light of the pending transition of MIR-UST and ANC-UST rewards from TerraSwap to@astroport_fihttps://forum.mirror.finance/t/proposal-delist-mir-anc-from-collateral-list/2324 …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
3/ To submit bounties, you can use the bug disclosure dashboard on the website. Happy hunting ;)
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2/ The ImmuneFi site includes the types of discoverable bugs, list of asset contracts in scope, and rewards based on threat threshold with the max payout for critical bugs up to $100K -- available in the link below
https://immunefi.com/bounty/mirror/ Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
1/ Bug bounties for Mirror courtesy of
@immunefi are now live!https://twitter.com/immunefi/status/1463297840810274821 …Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Mirror Protocol Retweeted
0/ Today Delphi Labs has submitted posts to the governance forums of
@mirror_protocol,@anchor_protocol and@pylon_protocol proposing that they transition liquidity mining rewards away from the existing Terraswap pools to the equivalent new@astroport_fi pools. Here's whyShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Mirror Protocol Retweeted
EARN YOUR LOOP BOUNTY
How simply can you explain @mirror_protocol to beginners? Show us
Detailshttps://www.loop.markets/bounty/terra-project-explainer-1 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Mirror Protocol Retweeted
Our
@Mirror_protocol$MIR#airdrop has ended. The lucky 100 winners will receive their Wrapped$MIR tokens within a few hours. Are you one of them? Check your Portfolio Tracker to find out http://dappradar.com/hub/wallet pic.twitter.com/B2FYMuDo6qThanks. Twitter will use this to make your timeline better. UndoUndo
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