MYSO v1 is a DeFi protocol that allows users to borrow without liquidation risk. For borrowers, this makes it easier to understand and manage crypto loans, while for lenders this provides new and sustainable yield enhancement opportunities. The way this is achieved is through “zero-liquidation loans”, a novel risk transfer mechanism in which borrowers are relieved from liquidation risk while lenders get exposure to a physically settled covered call strategy. The protocol operates without relying on any trusted third parties or oracles. Moreover, lending pools are isolated from one another such that potentially bad collateral assets in one pool cannot compromise the integrity of the others. MYSO v1 can help mitigate some of the systemic risks associated with liquidation-centered credit markets, such as cascading liquidations, externalities from liquidation related MEV and oracle manipulation.
Low | Medium | High | Critical | Total | |
|---|---|---|---|---|---|
Not fixed | 6 | - | - | - | 6 |
Fixed | 10 | 4 | - | - | 14 |
| Total | 16 | 4 | 0 | 0 | 20 |
| # | File Name |
|---|---|
| 1 | pools/weth-dai/PoolWethDai.sol |
| 2 | interfaces/IPAXG.sol |
| 3 | pools/weth-usdc/PoolWethUsdc.sol |
| 4 | pools/weth-cusdc/PoolWethCusdc.sol |
| 5 | BasePool.sol |
| 6 | interfaces/IBasePool.sol |
| 7 | pools/usdc-weth/PoolUsdcWeth.sol |
| 8 | pools/paxg-usdc/PoolPaxgUsdc.sol |