The Mirror protocol, operating on the Terra network, brings forth a revolutionary DeFi platform that utilizes smart contracts to generate synthetic assets known as Mirrored Assets (mAssets). These mAssets are designed to mirror the price movements of real-world assets, granting traders worldwide unrestricted exposure to asset prices, without the associated complexities of owning or transacting real assets. One of the latest mAssets introduced is mVIXY, which closely tracks the price of the ProShares VIX Short-Term Futures ETF.