Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Mirror Protocol Launch - Trade real-world assets with crypto now!
by
Mirror.One
on 20/11/2020, 15:15:00 UTC
Very big plus is that all traditional assets are backed by multi-layered liquidity pools and investors can sell their assets anytime at the current market price easely

Yes, exactly. If Tesla stock goes up from $400.00 to $450.00, our asset (replicating Tesla return - lets call it MTESLA) also goes up from $400.00 to $450.00

Now, if a trader wants to book a profit, and they had bought MTESLA $400.00, they can easily sell at $450.00 thus netting $50.00 gain at the minimum transaction cost. Hassle-free. They can do so directly through ETH or USDT or USDC. They don't have to convert their crypto to USD.