While looking through Harvest Finances' newest developments I became super interested in what Mirror Finance was. Harvest currently has 4 different Mirror Finance pools you can partake in each one is dedicated to a single specific stock. When I went to the Mirror website I was amazed to see that they have tokenized a ton of different stocks.

The stocks so far tokenized are major companies and even different index funds. With today's huge stock market pullback I was interested to see how Mirror would handle it and it does track the stocks rather well. The Apple token for instance is down 5% like the stock was. Mirror has a native token called MIR which is used as a reward to enforce behavior that secures the ecosystem. This also allows for the stocks to transcend the typical hours of trading which is really interesting to see. While you could not redeem the token for an Apple share like a stock certificate this allows for stock market hours to be a think of the past. 

Mirror is a super interesting project that will be intriguing to follow given how volatile the stock market can be. As of now 14 different companies or funds have been tokenized and are traded on the DEX. The total value on the exchange is pretty low considering how large other protocols are like Harvest and Compound. Mirror currently has only $295 million in total locked value but I would expect this to grow rapidly. As I learn more about Mirror I will be sure to post about it! The concept though was really intriguing to me and one I felt should be shared with others who could do their own research!