Lending protocols in the current landscape fall short of expectations.

Lending protocols often rely on liquidations to manage risk,

This can burdensome for borrowers and can lead to unexpected losses.

With MYSO you don't need to worry!

A short 🧵

What makes MYSO
different ❓

#MYSO offers Zero Liquidation Loans

This simplifies the borrowing process and reduces overhead for borrowers.

Some other significant features:

➣ Ability for for lenders to earn sustainable yield & manage risk

➣ Full flexibility of loans

➣ Wide selection of loans i.e you have a whole lot of chains & tokens to choose from.

MYSO is bringing a totally new token distribution mechanism for its $MYT token

The Initial Open Offering ( #IOO )

You've heard of #IDOs & #ICOs

#IOO is totally different

Unlike #ICO / #IDO where users directly purchase tokens,

The #IOO allows you to essentially 'farm' $MYT by providing #LSTs or stables as collateral.

Rather than a one-time token sale, the IOO enables a gradual token distribution based on the supply/borrowing dynamics.

One thing I love about this distribution type is the flexibility to return or hold $MYT.

What this means in simple terms:

if the token doesn't perform well you can reclaim their original collateral before the fixed expiry date

If it outperforms the collateral, you can keep it

Example scenario for a more detailed understanding ↓

With it's:

→ one of a kind innovation

→ Strong investors ( GSR , Wintermute , HashKey Group , Nexo , CMT Digital) & team

→ Security audits from top teams Trail of Bits, Omniscia & Statemind

I believe there's massive room for growth in $MYT & MYSO