Mirrored Alibaba

Mirrored Alibaba

Created using Figma
Mirrored Alibaba - synthetic asset tracking the price of an Alibaba stock.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Uniswap V2 (Ethereum)
    MBABA/0XA47C8BF37F92ABED4A126BDA807A7B7498661ACD one year ago
    $ 109.71
    $ 96.852 K
    -3.54%
    -40.38%
  • Terraswap
    MBABA/UST 2 one year ago
    $ 98.56
    $ 186.586 K
    -
    -
To be announced
Token Details
Ticker
MBABA
Total supply
15,770.708540358892537367
Additional Details
Categories
Platform

About Mirrored Alibaba

The Mirror Token (MIR) is minted by the protocol and distributed as a reward to reinforce behavior that secures the ecosystem. With it, Mirror ensures liquid mAsset markets by rewarding MIR to users who stake LP Tokens obtained through providing liquidity. Also to incentivize users to ensure mAssets to mimic the price behavior of real-world assets, users who stake sLP Tokens obtained through shorting mAssets are rewarded with MIR. MIR is valuable as it is can be staked to receive voting privileges and to earn a share of the protocol's CDP withdrawal fees. Mirror is a project developed and steered by its community: its markets are maintained by its own users through MIR incentives, and the protocol evolves with new ideas through democratic governance.

Mirrored Alibaba Last News

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