First, it is decentralized. Your account is created by your wallet address, and the wallet is completely in your hands, no one can control it unless you leak the mnemonic words. In this way, the content you create is controlled by you, because it uses the decentralized data storage protocol Arweave to store it permanently. No one else can delete or change it, only you can change or delete it.

Secondly, you can do many things independently on the mirror, which are almost impossible to do on the current Internet content platform.

How did Mirror achieve this price riveting? He uses a method similar to compound. Specifically: First, use an oracle to get the real-world U.S. stock price,

There will be a minter (coin minter): If you are a minter and you pledge 200% of the ust (similar to usdt) of the Apple stock price, you can issue a maapl (Apple mirror coin). Then, if you want to get back twice the ust of the mortgage, you have to return the maapl you issued.

When the margin rate is lower than 150%, your mortgaged assets will be liquidated, so the system can guarantee that there is always enough ust to redeem the value of so much maapl.

In terms of realizing value anchoring, if maapl is higher than the price of aapl, then someone in the market will mortgage ust to cast some mappl to sell arbitrage.

In the same way, if maapl is lower than the price of aapl, minter can buy maapl in exchange for the mint system to recover the ust collateral. Realize arbitrage. That is to say, this system realizes price anchoring through minter.

First, it is decentralized. Your account is created by your wallet address, and the wallet is completely in your hands, no one can control it unless you leak the mnemonic words. In this way, the content you create is controlled by you, because it uses the decentralized data storage protocol Arweave to store it permanently. No one else can delete or change it, only you can change or delete it.

Secondly, you can do many things independently on the mirror, which are almost impossible to do on the current Internet content platform.

How did Mirror achieve this price riveting? He uses a method similar to compound. Specifically: First, use an oracle to get the real-world U.S. stock price,

There will be a minter (coin minter): If you are a minter and you pledge 200% of the ust (similar to usdt) of the Apple stock price, you can issue a maapl (Apple mirror coin). Then, if you want to get back twice the ust of the mortgage, you have to return the maapl you issued.

When the margin rate is lower than 150%, your mortgaged assets will be liquidated, so the system can guarantee that there is always enough ust to redeem the value of so much maapl.

In terms of realizing value anchoring, if maapl is higher than the price of aapl, then someone in the market will mortgage ust to cast some mappl to sell arbitrage.

In the same way, if maapl is lower than the price of aapl, minter can buy maapl in exchange for the mint system to recover the ust collateral. Realize arbitrage. That is to say, this system realizes price anchoring through minter.