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.
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