
Main Street
Description
Main Street Finance brings the options box spread yield strategy on-chain via a tokenized stablecoin vault, democratizing access to returns previously available only to hedge funds and prime brokerage desks. The protocol operates a dual-token system: • msUSD: A synthetic dollar redeemable 1:1 for USDC (soft peg). Can be held for stability or staked as msY to accrue yield. • msY: A strategy token (not a stablecoin) that auto-accrues returns from the box spread strategy via exchange rate appreciation. msY maintains a soft dollar peg for convenience its redemption value is tied to the vault’s coverage ratio and insurance fund. Read the Full Thesis below for the reward breakdown and strategy overview.
Resources
Links
Liquidity.land bonus
3% $MS Token, 3 Months Soft-lock, Early Exit Forfeits Token Bonus
Assets
Networks
Period
3 Months
Boost conditions
All users with only new positions
Reward breakdown
~15% APY (12% base + 3% $MS token)
Activated Value
$3M
from 9 users