MainStreet
Yield-bearing synthetic dollar democratizing access to box spreads
MainStreet is a DeFi protocol that delivers institutional-grade delta-neutral yield strategies through a two-token system: msUSD (a stablecoin redeemable 1:1 for USDC) and msY (a yield-accruing token powered by options box spreads). Users complete KYC, mint msUSD with USDC, and stake it to earn yield from strategies previously only available to hedge funds. The protocol is built on LayerZero for cross-chain flexibility.
Users mint msUSD with USDC and stake it to receive msY, which accrues yield generated through options box spread strategies executed on-chain.
DeFi investors seeking institutional-grade yield strategies
Background.
- Status
- launched
- Business model
- unknown
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