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MYSO Finance

Zero-liquidation loans protocol

Details

MYSO Finance is an abbreviation for Million Yield Structuring Opportunities. MYSO v2 is a trust-minimized lending protocol implemented on the EVM that enables Zero-Liquidation Loans (ZLLs), which are crypto-collateralized loans without liquidations. The protocol allows borrowers to take out ZLLs by accepting quotes sent out from individualized vaults that are funded by lenders. By design, since MYSO v2 doesn't involve any liquidations, lenders earn yield for bearing the risk that a loan may become undercollateralized and not be repaid.

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