MYSO not too long ago introduced going stay on the Arbitrum Goerli Testnet. The DeFi protocol launched a string of tweets on its official channel in regards to the launch.

In response to the tweets, Arbitrum customers can now entry Zero-Liquidation loans from MYSO Finance. The transfer falls in step with MYSO’s makes an attempt to develop its Layer 2 growth. The DeFi neighborhood has been asking in regards to the protocol to execute this launch for some time.

Now that MYSO is stay on the testnet, customers can entry the wETH / USDC pool. The pool is on the market on testnet.myso.finance, and each Arbitrum person can leverage it. The DeFi protocol even requested customers for extra suggestions in regard to tokens that should be added.

These tokens can be made obtainable for borrowing and collateral functions. Any DAO or venture member on Arbitrum can recommend new use instances for the platform. If every thing goes properly, MYSO is ready to launch the Zero-Liquidation Loans on the mainnet as properly. 

Ever since its official launch on Ethereum mainnet, MYSO has been allotting new updates. The platform was audited by ChainSecurity again in October 2022, solely months after the platform gained the ETHOnline Hackathon. 

Names like Huobi, Superior Blockchain AG, GSR, Nexo, and so forth., are backing the DeFi protocol. A serious cause behind this help is MYSO’s distinctive worth proposition. The platform is making an attempt to construct a fixed-interest, oracle-free, and liquidation-free borrowing resolution.

Regardless of launching its mainnet on January tenth, MYSO was fast to launch v1.1 with improved effectivity and a brand new pool, RPL / USDC. It didn’t take lengthy for the protocol so as to add the RPL / rRTH pool. Seeing how the protocol has been addressing person calls for, it’s establishing a loyal person base.