MYSO v1 Protocol Now Live on Ethereum Mainnet

Lending protocol MYSO Finance's v1 version is now live on the Ethereum mainnet. The first zero-liquidation loan pool that MYSO v1 rolling out is a rETH/wETH pool - borrowers will be able to hyperstake their rETH w/o liquidation while lenders will be able to earn yield on wETH without directly staking.

Previously, MYSO Finance closed a $2.4 million seed round in April 2022, with participation from Huobi, Nexo, Wintermute, HashKey, GSR, CMT Digital and others. In addition, MYSO completed its security audit with ChainSecurity in October 2022.

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