Mirror Protocol (MIR) is a synthetic assets protocol developed by Terraform Labs on the Terra blockchain, with MIR serving as its governance token. The protocol is designed to be fully decentralized and community-driven, with no special access privileges or admin keys. Mirror Protocol introduces mirrored assets, blockchain tokens that mimic the price behavior of real-world assets, providing exposure to their price movements without the need for ownership. These mirrored assets, or mAssets, are purely synthetic and do not represent any underlying asset. The protocol aims to overcome limitations in traditional finance by offering global accessibility to foreign equities and forex markets, enabling fractional orders without the need for bundling, and providing nearly instantaneous order execution. This is achieved through the use of blockchain technology and the liquidity provided by individual asset pools.