Terra Autumn Series Ep. 4: Mirror Protocol Enables On-Chain Price Exposure to Real-World Assets With Synthetic Asset Tokens

Jose Maria Macedo sits down with Stanford Liu (Head of Research) and Joe Lim (Product Manager) of Terraform Labs, the team behind Mirror, a protocol that enables the trading of fungible assets, “synthetics,” that track the price of real-world assets. The trio discuss Mirror’s synthetics architecture, implementing concentrated liquidity for mAssets ("mirror" versions of real-world assets), notable upgrades in Mirror v2, and much more!

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Show Notes:

(00:00:00) – Introduction.

(00:02:36) – Guests’ backgrounds.

(00:05:32) – A day in the life at Terraform Labs.

(00:07:24) – Introduction to Mirror.

(00:09:06) – The long term vision for Mirror.

(00:10:03) – The decision process behind Mirror’s synthetics architecture.

(00:12:32) – Biggest contributors to Mirror’s success.

(00:13:53) – Users getting exposure to Mirror assets vs. yield farming.

(00:15:24) – Incentivising trading volume.

(00:17:41) – Mirror v1 vs. Mirror v2.

(00:19:40) – Most exciting features of Mirror v2.

(00:24:33) – Using concentrated liquidity on Astroport.

(00:26:53) – Strategies for inter-protocol composability.

(00:29:45) – Regulation and decentralizing Mirror.

(00:32:10) – Thoughts on scaling Terra.

(00:36:28) – Funding for scaling Cosmos.

(00:38:10) – Most exciting upcoming projects.

(00:40:43) – Removing Terraform Labs from the equation.

(00:42:18) – How to participate in the Mirror community.

Resources:

• Stanford’s Linkedin
• Joe's Twitter
• Mirror Twitter
• Mirror Website
• Terra Website

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