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 Aug 11, 2026
msY was Main Street's ERC-4626-style yield share over msUSD, accruing value from the protocol's options and derivatives strategy while final exit ran back through msUSD's capacity-managed USDC redemption. That layering stopped being theoretical on June 20, 2026: reserve...
AI summary · drafted by claude-fable-5 · facts as of Aug 11, 2026
Sources: Protos: Main Street vault collapse
- 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 no direct freeze-control signal is recorded.
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 Aug 11, 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 no direct freeze-control signal is recorded.
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, no direct freeze-control signal is recorded. msY is a frozen Pharos archive; the recorded history below is read-only.