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Gyroscope

Gyroscope

Project

Self-stable, reserve-backed stablecoin protocol

arbitrumavalanchebaseethereumoptimismDeFiStablecoin Protocol

About

Gyroscope is a self-stabilizing, reserve-backed stablecoin protocol. The Gyro dollar's price is stabilized by multiple mechanisms, or "lines of defense," built into the protocol; namely, an "all-weather" reserve, algorithmic price bounding, and additional mechanisms that enable reserves to recover or asset-backing to expand. Tags: DeFi Stablecoin Protocol Ecosystem(): Ethereum Polygon Arbitrum Optimism Polygon zkEVM Founded:

History

2024
Mar 5, 2024token launchmajor

GYFI Token Launch

Jan 10, 2024chain expansionmajor

Gyroscope Deploys on Arbitrum

2023
Sep 20, 2023chain expansionmajor

Gyroscope Deploys on Polygon

Jun 15, 2023protocol upgrademajor

Gyroscope Protocol V2 Launch

2021
Dec 31, 2021funding

Seed Round

$4.50M

$4.50M · Placeholder, Robot Ventures, Archetype

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