Questions from many newcomers to Mirror often discuss the limited features and asset listings as compared to incumbents like Robinhood. Well, Mirror is only 12 weeks old, but its ceiling is so much higher.
https://twitter.com/mirror_protocol/status/1365402951271940103
In a community-governed protocol, it’s you, the user, that can make all the difference. The community molds Mirror into what it wants it to be. It's an evolving organism whose product is a fusion of rising market demand, community enterprise, and exogenous circumstance.
Fueled by composability and decentralization, we can build more creative and productive assets. We can design trading features not possible within TradFi. We can guard against censorship with better technology.
Whether your motives for joining Mirror are based on censorship of trading activities by the government and apps like Robinhood, a desire to access US equities in a region of the world that precludes US market access, or some other reason -- we’re all in this together.
We should look at Mirror as what it could be rather than what it is right now. Within 12 weeks, more than $750 million in TVL and $370 million in liquidity portends well for the future of synthetic assets on public blockchains. We need to continue the momentum.
At the current price of MIR, the community pool is worth roughly $188 million. Let’s wield this to build something powerful. Do you want to build some cool features on Mirror? Create a governance proposal and ask for funding.
It doesn’t matter if you’re a designer, trader, institution, engineer, writer, degen, bartender, or work at McDonald's. If you think your idea will meaningfully improve Mirror and don’t have the funding to execute your plan, then take a chance and make a proposal.
The welcoming nature of decentralized communities is continually surprising. Strength in numbers. Take action and make a difference.
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