{"componentChunkName":"component---src-templates-post-template-js","path":"/posts/crypto/mirror","result":{"data":{"markdownRemark":{"id":"5b1971ab-6faf-5ce1-bdf4-8320e540b641","html":"

Mirror

\n

Overcollateralized synthetic asset\nDeposit bluna, luna, ust\nMint some index(ie price of oil, mTesla)

\n

Mirror Risks

\n\n

Geometric Brownian Motion

\n\n

Jump Process

\n\n

Model

\n
    \n
  1. Trader mints mS&P by supplying bLUNA as collateral, they are required to supply at least\ncollateral amount >= collateral factor* mint AMount * collateral price / synthetic price
    2. \n
  2. If no jumps occur in interval, no risk of liquidation because no price changes
    3. \n
  3. If one jump occurs, check if the jump was less than threshold.
    4. \n
  4. If two jumps occur, check if the first jump was less than threshold.
    5. \n
  5. If n jumps occur, need to check if any jump was less than threshold
    6. \n
\n

Questions

\n

1.How does risk harbor provide protection against Mirror Liquidations?

","fields":{"slug":"/posts/crypto/mirror","tagSlugs":["/tag/primer/","/tag/crypto/","/tag/mirror/"]},"frontmatter":{"date":"2021-12-30T23:46:37.121Z","description":"A quick primer on Mirror Protocol from Terra Classic","tags":["Primer","Crypto","Mirror"],"title":"Mirror Protocol"}}},"pageContext":{"slug":"/posts/crypto/mirror"}},"staticQueryHashes":["251939775","401334301","825871152"]}