Mirrored iShares Gold Trust Review – Is mIAU Legit or Scam

Mirrored iShares Gold Trust Review

There are many attractive tokens that have great teams behind them and are making sure there is growth and continuity for their projects. You would really want to invest in this kind of projects which guarantees each investor that there are benefits attached to their investments, and even more, you would make sure to invest early so you can enjoy more benefits along the way. The benefits of Mirrored iShares Gold Trust are closely linked to the utility of such tokens which will be reviewed on this article.

Solana Coin, Cardano Coin and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.

Due to Fear Of Missing Out, a lot of investors have hurriedly delve into investing on a project they have little knowledge about. So on this article, we will review Mirrored iShares Gold Trust token by explaining what the coin is about, listing the pros and cons, the supply and how legit/safe the token is for investment.

Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.

About Mirrored iShares Gold Trust

What is Mirrored iShares Gold Trust?

Mirror is a DeFi protocol powered by smart contracts on the Terra network that enables the creation of synthetic assets called Mirrored Assets (mAssets). mAssets mimic the price behavior of real-world assets and give traders anywhere in the world open access to price exposure without the burdens of owning or transacting real assets.

The minting of mAssets is decentralized and is undertaken by users throughout the network by opening a position and depositing collateral. Mirror ensures that there is always sufficient collateral within the protocol to cover mAssets, and also manages markets for mAssets by listing them on Terraswap against UST.

Mirrored iShares Gold Trust Supply

There are 1,123,877.69 mIAU in supply worldwide.

Pros and Cons of Mirrored iShares Gold Trust

Pros of Mirrored iShares Gold Trust
  • There is a surge in the market price currently
  • Project whitepaper available
  • Contract on Ethereum
  • They are fully decentralized
  • A lot of investors are ‘flocking’ to invest
  • It is listed on coinmarketcap
Cons of Mirrored iShares Gold Trust
  • The coin is still under research and development
  • Multiple issues with its synchronizations between ledgers
  • Not listed on some exchanges
  • No Github profile
  • They have no reddit account
  • No Bitcointalk thread created
  • No traceable features on tradingview

Is Mirrored iShares Gold Trust Legit or Scam?

A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.

According to research and reviews, Mirrored iShares Gold Trust have developed a problem solver but with a very weak back up for the token they produce.

Is Mirrored iShares Gold Trust Safe?

Being willing to invest in any token is a question entirely up to you to answer. Mirrored iShares Gold Trust token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.

Make personal research on the coin, visit coin’s official website.

Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Mirrored iShares Gold Trust on the comment section below. Don’t forget to rate and leave a review.

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