mira token

mira is a utility token used to control mirage governance and incentivize liquidity. a vote-escrow model is implemented to align LPs with the long-term success of the protocol.

10% of protocol fees go toward buyback and burn of mira.

vemira

vemira is an essential part of mirage protocol and has various uses:

• mirage governance

• boost rewards for providing liquidity

• reduce trading fees

• vermira holders receive a fixed portion of mira emissions

mira can be locked on a sliding scale from 6 months to 3 years to earn vemira.

• 100 mira locked for 6 months will become 100 vemira

• 100 mira locked for 3 years will become 300 vemira

the longer the vesting time, the higher the voting power.

mira token is designed around sustainable emissions and fair distribution. a full breakdown of tokenomics and emissions will be provided closer to mainnet launch.