MYSO Finance offers customizable on-chain covered calls and zero-liquidation loans, allowing users to leverage any token as collateral without the risk of liquidation during market downturns. This approach addresses the challenges of traditional DeFi lending by providing a seamless, trustless process for executing loans while enhancing capital efficiency for both borrowers and lenders.
Funding
$2.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional DeFi lending protocols often rely on liquidation mechanisms to manage risk, which can lead to borrowers losing their collateral during market volatility. Oracle dependency and serial liquidation risks can also introduce vulnerabilities to on-chain credit markets.
Solution
MYSO Finance offers a platform for customizable, peer-to-peer crypto loans featuring a zero-liquidation loan (ZLL) primitive. This allows users to leverage a wide variety of tokens as collateral without the risk of liquidation, enhancing capital efficiency for both borrowers and lenders. The protocol supports various forms of collateral, including rebasing tokens, governance tokens, and reward-bearing tokens, without needing oracles. MYSO facilitates the creation of tailored loan solutions through a streamlined process, ensuring seamless, trustless on-chain deal execution.
Target Audience
MYSO Finance targets DeFi users, including individual borrowers and lenders, DAOs, and institutions seeking safer and more capital-efficient lending and borrowing solutions.
Features
- Zero-liquidation loans, eliminating the risk of collateral loss due to market volatility
- Customizable loan structures, allowing lenders to define specific loan parameters
- Support for diverse collateral types, including rebasing, voting, and reward-bearing tokens
- Peer-to-peer (Blitz Match) and peer-to-pool (Whale Match) lending options
- Oracle-free design, reducing dependency on external price feeds
- Low-cost, high-speed marketplace for creating and browsing loan offers
- Integration with "compartment modules" to support various collateral types and functionalities