About 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. "
Market Stats
Market Cap
Not enough data
FDV
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Circ. Supply
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Max Supply
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Total Supply
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Performance
Popularity
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Dominance
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Volume (24H)
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Volume (7D)
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Volume (30D)
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All time high
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Price Change (1Y)
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Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.3105 per GYFI with a 24-hour trading volume of £0.00.
Market details
GYFI vs markets
↗ 5.17%
GYFI vs BTC
↗ 11.2%
GYFI vs ETH
↘ 16.98%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x70c4430f9d98B4184A4ef3E44CE10c320a8B7383 | |
Base | 0xc63529297dE076eB15fcbE873AE9136E446cFbB9 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.3105 | |
1 Day | £0.3116 | |
1 Week | £0.3066 | |
1 Month | £0.3046 | |
1 Year | £4.27 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Gyroscope calculator
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Legal
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