Main Street Yield (msY) frozen stablecoin archive
msY was Main Street's ERC-4626-style strategy vault over msUSD; Pharos freezes it after the parent msUSD collapse in June 2026.
Static Profile
Static stablecoin profile
Main Street Yield (msY) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
Yield share over msUSD that accrues from Main Street's options/derivatives strategy reserve; exit requires conversion back through msUSD, carrying strategy, custody, and liquidity risk on top of base USDC redemption. msY is Main Street's yield share over msUSD. It accrues value...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- msUSD strategy vault shares backed by Main Street's delta-neutral options and derivatives strategy reserve; exchange-rate gains accrue to msY holders
- Peg Mechanism
- ERC-4626-style staking token over msUSD; users stake msUSD for msY, whose exchange rate appreciates with strategy returns, while final USDC redemption inherits Main Street's primary-market caps and cooldowns
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Ethereum.
Snippet Answer
Is msY safe?
Main Street Yield is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a CeFi-Dependent governance model, Crypto-Collateralized backing, curated reserve profile, and notes that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies.
Next Actions
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated May 15, 2026.
msY quick answers
What is Main Street Yield (msY)?
msY was Main Street's ERC-4626-style strategy vault over msUSD; Pharos freezes it after the parent msUSD collapse in June 2026. The static profile records its US Dollar peg mechanism as: ERC-4626-style staking token over msUSD; users stake msUSD for msY, whose exchange rate appreciates with strategy returns, while final USDC redemption inherits Main Street's primary-market caps and cooldowns
Is msY safe?
Main Street Yield is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a CeFi-Dependent governance model, Crypto-Collateralized backing, curated reserve profile, and notes that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies.
What backs msY?
Pharos classifies msY backing as Crypto-Collateralized. Collateral, per the static profile: msUSD strategy vault shares backed by Main Street's delta-neutral options and derivatives strategy reserve; exchange-rate gains accrue to msY holders Reserve evidence: curated reserve profile.
Can msY be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. msY is a frozen Pharos archive; the recorded history below is read-only.