Main St's tokenomic structure balances user rewards with protocol sustainability.
Revenue Distribution
Yield flows through our staking system:
80% to msY Holders via the staking mechanism
10% to Insurance Fund for protocol resilience
10% to treasury
In circumstances where funding rates or yields significantly exceed competitive market rates, the protocol may retain a portion of yield from distribution. These retained yields may be allocated to multiple purposes including protocol operations, supplementing the insurance fund, and stabilizing returns during periods of lower market funding rates or yields. This mechanism helps ensure sustainable long-term performance.
Token Architecture
msUSD - A dollar-pegged token that serves as the base asset in our ecosystem. Each token is backed USDC.
msY - The first strategy token that accrues yield when users stake their msUSD and is backed by the box spread strategy.
Protection & Governance
The Insurance Fund receives 10% of generated yield, serving as defense during market disruptions.