Myso.Finance (-) Live Price and charts Today

Myso Finance is a DeFi protocol implemented for the EVM that enables crypto-collateralized loans without liquidations.

Myso designed a zero-liquidation loans model based on options mechanism. They eliminate the need to monitor borrowing costs, LTVs, health factors etc., and thereby reduce admin- istrative and operational overhead for borrowers. At the same time, they also offer new yield opportunities for liquidity providers and lenders. By providing an alternative to the otherwise liquidation-centered design approach of current DeFi lending and borrowing protocols, the risk of financial contagion can be reduced and fire sales of collateral assets under stressed market conditions can be avoided. Because zero-liquidation loans are settled without requiring on-chain price data from oracles, they are also more robust against flash crashes. While the herein presented AMM is used to facilitate zero-liquidation loans, its design can be adapted to other options-related payoff structures and structured products as well (e.g., reverse convertibles).