Gyroscope is awaiting listing on exchanges.
The token price for GYFI is unknown.
Exchanges that list tokens earlier than others: Kucoin.com, Okx.com.
We regularly announce listings of top projects in our X (Twitter) - HOLDER_IO
GYFI Gyroscope
No price data available
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Contracts Exchanges where GYFI is traded
No dataToday Gyroscope (GYFI) not traded anywhere.
What is Gyroscope?
"Gyroscope is a decentralized protocol which allows the issuance of a fully-backed stablecoin with algorithmic price bounding and all-weather reserves:
- A fully backed stablecoin: the Gyroscope stablecoin aims at a long-term reserve ratio of 100%, where every unit of stablecoin is backed by 1 USD worth of collateral.
- An all-weather reserve: the reserve is a basket of protocol-controlled assets that jointly collateralize the issued stablecoin. Initially most assets will be other stablecoins. The reserve aims to diversify all risks in DeFi to the greatest extent possible. It considers more than just price risk, but also censorship, regulatory, counterparty, oracle and governance risks.
- Algorithmic price bounding: Prices for minting and redeeming stablecoins are set algorithmically to balance the goal of maintaining a tight peg with the goal of long-term viability of the project in the face of short-term crises.
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Official websites and links for Gyroscope
There are currently about 5 official links to Gyroscope websites and social media:
- Website - gyro.finance
- Twitter - twitter.com/GyroStable
- Reddit - reddit.com
- Facebook - facebook.com
- GitHub - github.com/gyrostable
