- Cryptocurrencies continue to revolutionize financial markets, offering new investment opportunities and financial products.
- MYSO Finance is a standout project in the crypto space, offering a unique DeFi protocol with enticing benefits for users.
- “MYSO aims to create the largest on-chain structured products ecosystem,” says a spokesperson from the project.
MYSO Finance (MYT) offers innovative DeFi lending solutions with zero-liquidation loans, gaining traction among crypto investors.
Introduction to MYSO Finance (MYT)
MYSO v2 is an Ethereum Virtual Machine (EVM)-compatible DeFi protocol designed for lending and borrowing of any ERC-20 tokens with individualized terms and no risk of liquidation. It facilitates trustless covered calls, convertible debt, and zero-liquidation loans. Originating from the ETH Global Hackathon 2021 where it was an award winner, MYSO Finance is supported by noted crypto investors such as HashKey, Wintermute, GSR, and Nexo. The platform empowers users through governance mechanisms via the MYSO Token, which controls the DAO treasury and protocol revenues.
What is MYSO Finance (MYT)
Token Economics of MYSO Finance (MYT)
- Token Name: MYSO Token
- Token Symbol: MYT
- Max Supply: 100,000,000
- Token Type: ERC-20
How to Buy MYSO Finance (MYT)
- Begin by creating an account on our recommended exchange platform.
- Deposit an appropriate cryptocurrency (USDT) or fiat currency (Dollar, GBP, EURO).
- Search for the MYSO (MYT)/USDT trading pair and place your purchase order.
- Once your order gets executed, safeguard your MYSO (MYT) in your digital wallet.
Token Distribution and Unlocking Rules
The distribution of MYSO Tokens is meticulously planned to ensure robust ecosystem growth and sustainable incentives for contributors:
- Treasury: 30% (30,000,000 MYT), with a 48-month monthly vesting schedule and no initial unlocking at TGE.
- Liquidity & Incentives: 20% (20,000,000 MYT), with an 18-month monthly vesting schedule and 1% unlocked at TGE.
- Ecosystem Growth: 19.90% (19,900,000 MYT), with a 24-month monthly vesting and 13.19% unlocked at TGE.
- Core Contributors: 19.17% (19,170,000 MYT), with a 12-month vesting after a 7-month cliff period.
- Investors: 10.93% (10,930,000 MYT), with a 12-month vesting following a 7-month cliff period.
Conclusion
MYSO Finance (MYT) stands out as an innovative force in the DeFi landscape, offering flexible and secure financial solutions. With a stringent token distribution plan and strong backing from prominent investors, MYSO Finance is poised for substantial growth and adoption. Whether you’re looking to invest or utilize its unique zero-liquidation loan facilities, MYSO Finance represents a significant opportunity in the evolving world of decentralized finance.
