We Specialize in Tailor-Made Loan Solutions: Choose Any Token as Collateral.
Our streamlined process from quote to settlement ensures seamless, trustless on-chain deal execution.
Our low-cost, high-speed peer-to-peer marketplace, where users can create and browse through hundreds of loan offers.
Real Stories: Hear directly from those who've experienced the MYSO difference firsthand.
"I have looked at all the Defi's and I think the key component of Myso finance, "Zero-Liquidation Loans" is a great element. These will open up the future of finance."
"MYSO is a breath of fresh air to be honest, very interesting and innovative protocol that I think will definitely shake up the lending/borrowing space!"
"In my opinion MYSO is very underrated."
"We are excited about zero liquidation loans as a means to enable a safer, more friendly DeFi user experience. The MYSO team has proven to be a team that is spearheading this vertical and we’re happy to see substantial growth in this niche."
"Zero-liquidation is DeFi's innovation and a new starting point. Individuals and institutions can enjoy better capital efficiency through MYSO. I was wondering at first, but after using it once, I saw the new future of DeFi through MYSO"
"Zero-Liquidation Loans will be an innovative loan product used by a variety of users and institutions, from light users to high-level investors and DAOs. I’m confident that Myso will grow its presence in the DeFi space as a pioneer in Zero-Liquidation Loans."
"We have observed numerous instances where Oracle dependency/manipulation and serial liquidation have introduced risks to on-chain credit markets. Myso Finance presents a pioneering solution that not only mitigates these risks but also unlocks new possibilities and opportunities."
"The MYSO module will free assets from collateral liquidation. It will bring capital flexibility and innovative growth to DeFi."
"I have looked at all the Defi's and I think the key component of Myso finance, "Zero-Liquidation Loans" is a great element. These will open up the future of finance."
"MYSO is a breath of fresh air to be honest, very interesting and innovative protocol that I think will definitely shake up the lending/borrowing space!"
"In my opinion MYSO is very underrated."
"We are excited about zero liquidation loans as a means to enable a safer, more friendly DeFi user experience. The MYSO team has proven to be a team that is spearheading this vertical and we’re happy to see substantial growth in this niche."
"Zero-liquidation is DeFi's innovation and a new starting point. Individuals and institutions can enjoy better capital efficiency through MYSO. I was wondering at first, but after using it once, I saw the new future of DeFi through MYSO"
"Zero-Liquidation Loans will be an innovative loan product used by a variety of users and institutions, from light users to high-level investors and DAOs. I’m confident that Myso will grow its presence in the DeFi space as a pioneer in Zero-Liquidation Loans."
"We have observed numerous instances where Oracle dependency/manipulation and serial liquidation have introduced risks to on-chain credit markets. Myso Finance presents a pioneering solution that not only mitigates these risks but also unlocks new possibilities and opportunities."
"The MYSO module will free assets from collateral liquidation. It will bring capital flexibility and innovative growth to DeFi."
Powered by Leaders: MYSO is backed by the best in crypto. World-leading institutions, DeFi experts, and power users all stand with us.
Your Safety, Our Priority: We're committed to top-tier smart contract security. Collaborating with experts, we invest heavily in preventative measures for the utmost assurance.
Suppose a lender proposes a loan where they lend USDC against ETH at an initial Loan-to-Value (LTV) ratio of 80% with a 12.5% fixed interest rate and some arbitrary expiration date. A borrower finds this offer attractive and pledges ETH as collateral and secures 80% of its value in USDC. At expiry of the loan, the borrower is able to reclaim their ETH if they repay 90% of the value of their pledged collateral amount.
Suppose the ETH collateral has appreciated by 20% prior to expiry. A rational borrower would thus opt to repay the loan and reclaim their appreciated collateral.
The loan repayment would mean the lender will earn their desired 12.50% interest return.
Suppose the market is volatile/moving sideways and the value of the ETH collateral falls by 15%. The value of the ETH is still higher than the loan amount, but a rational borrower would not repay since the fixed repayment amount + interest is more expensive than the collateral value.
In this situation, the borrower would default, but the lender would still earn a nice yield (~6.25%) as the value of the defaulted ETH is more than their loaned USDC amount.
Suppose the market is tanking and the value of ETH now falls by 30%. A rational borrower would choose to default as their loaned USDC is worth more than their ETH collateral.
In this case, the lender would be left with the defaulted ETH collateral but with the 80% LTV on the loan, their downside is limited and they incur a 12.50% loss.
Utilizing MYSO's Zero-Liquidation Loan primitive opens up numerous unique opportunities for both borrowers and lenders.
There is no liquidation risk, no interest rate risk, and no counterparty risk to borrowers.
Create your own credit market with fully customizable loan structures. Control which loans you underwrite.
Enabling unique markets, tapping into the long-tail of loans. No oracles needed.
Don't miss the opportunity to be a vital part of our decentralized protocol's growth and make an impact in shaping MYSO.
Join UsFollow us for news and opportunities you won't want to miss.
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Zero-Liquidation Loans (ZLLs) are crypto-collateralized loans that are non-liquidatable. This means that borrowers will not have their collateral liquidated in case of market downturns or other risk factors. There are no liquidation thresholds and health factors to consider and borrowers can always reclaim their collateral as long as they repay their loan before expiry.
Borrowers can have peace of mind knowing that there is no liquidation risk, interest rate risk, or counterparty risk associated with taking on a ZLL. For lenders, they run the risk of retaining defaulted collateral if a borrower were to not repay their loan prior to expiry. Smart contract risk also exists but we've taken significant steps towards maximizing codebase safety and have completed 3 security audits with top firms in the industry.
MYSO's products are permissionless, meaning anyone can be a lender on both the Blitz Match (P2P) and Whale Match (P2Pool) products. Simply head over to the MYSO dApp and begin your lending journey by sending out a quote with your preferred loan parameters or subscribe to a loan proposal!
Because of the oracle-free nature of the protocol, MYSO can support almost all forms of collateral, including rebasing collateral (i.e. aTokens), voting collateral (governance tokens), reward-bearing collateral denominated in other tokens (i.e. GLP, Curve LP tokens), and even tokens with transfer fees (i.e. PAXG)!
First, get acquainted with MYSO products by reading the docs or writings we've put out on how ZLLs work, our product range, and then figure out the credit market you want to create/interact with. Then, head over to the MYSO dApp, select the product you want to use, and begin your journey!
No, defaulting on your loan is not the same as getting liquidated. MYSO works without liquidations, meaning that during the lifetime of the loan, you can always reclaim your pledged collateral. However, if you forget to repay prior to the agreed expiration date on your accepted loan quote, you forfeit the right to reclaim your collateral.
