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This section describes provides a high-level overview regarding the technical implementation of Mirror Protocol.
The Mirror Token (MIR) is a Terraswap CW20 Token instance that is created during the initial bootstrapping of the protocol and is registered with the Mirror Protocol core contracts.
When new mAssets are whitelisted, Mirror Protocol will create the following contract instances:
- Terraswap CW20 Token for the new mAsset
- Terraswap Pair for the new mAsset against UST
- Terraswap CW20 Token for the new mAsset's LP Token
- Terraswap CW20 Token for the new mAsset's sLP Token