Gyroscope (GYFI) Live Price and charts Today

1 Gyroscope (GYFI) Price Today in USD is -

Gyroscope (GYFI) = - USD

Gyroscope (GYFI) all-time high (ATH) is - USD

The maximum supply of Gyroscope (GYFI) is Unknown

Gyroscope (GYFI) 24h volume is - USD

Gyroscope (GYFI) Market Cap is - USD

Gyroscope

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  • Rank #N/A
  • Market Cap -
  • 24H Spot Volume
  • 24H Volume / Market Cap -
  • Circulating Supply -
  • Total Supply -
  • Max Supply -
  • Fully Diluted Valuation -
  • API ID gyroscope copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img 0x70c...b7383
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  • Websites Website
  • Links
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About GYFI Roadmap & Milestones
Gyroscope is a decentralized stablecoin protocol on Ethereum.

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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