Mirror L2 operates as a decentralized Proof of Stake (POS) BTC Layer 2 solution, compatible with the Ethereum Virtual Machine (EVM) and smart contracts. It leverages BTC as GAS for transactions and utilizes mBTC, a mirrored version of BTC on the Layer 2, as collateral proof.

The specific amount raised has not been disclosed. This round of financing was participated in by UTXO (the investment department of Bitcoin Magazine), Conflux, and IMO Ventures.

MirrorL2

Mirror L2: Decentralized Proof of Stake (POS) BTC L2.

LayerZero

Initia

Polymarket

Holograph

UXUY

UTXO Management

Bitcoin Magazine

Conflux Foundation

IMO Ventures

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MirrorL2

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