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!

We would like to thank our sponsors for making this podcast possible.

Kava: Kava connects the world's largest cryptocurrencies on DeFi’s most trusted platform. Mint stablecoins, lend, borrow, earn and swap safely across the top crypto assets with a simple user experience and the confidence of institutional-grade security. To learn more visit kava.io

Celo: Celo is a mobile-first platform that makes financial dApps and crypto payments accessible to anyone with a mobile phone. Celo supports over 1000 projects who are everyday building applications and issuing digital currencies from 100+ countries around the world. Learn more at Celo.org. 

Every Delphi Podcast is dropped first as a video interview for Delphi Digital Subscribers. Our members also have access to full interview transcripts. Join today to get our interviews, first.


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.


Resources:

Stanford’s Linkedin

Joe's Twitter

Mirror Twitter 

Mirror Website

Terra Website


More

Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q

Access Delphi's Research Here: