Gyroscope
@gyroscope
Introducing $GYFI Gyroscope makes superliquidity simple. GYFI aligns the stewardship with the growth of Gyroscope. More details with TGE approaching 👇
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Gyroscope
@gyroscope
Open access to liquidity yields is a main innovation of DeFi. But there's a problem: liquidity is hard to optimize. Gyroscope levels the playing field, making extreme efficiency simple and passive Since launching in Nov, Gyroscope Volatile Pairs have grown swap fees 169% YTD.
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Gyroscope
@gyroscope
Gyroscope's GYD brings superliquidity to a decentralized stablecoin. It brings extra efficiencies into pools by: - Harnessing added stablecoin yield in pools - Being a uniquely liquid hub asset, reducing fragmentation
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Gyroscope
@gyroscope
$GYFI is Gyroscope's governance token. It brings the same level of innovation you expect from Gyroscope into governance. It serves key roles: - keystone of community stewardship - drive market forces toward sustainability & user protection - ensure inclusive & decentralized nature of protocol governance
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Gyroscope
@gyroscope
GYFI works in concert with a novel governance design. Staking GYFI is one source of voting power in a pluralistic system that balances token holdings with stakeholder roles. GYFI aligns governance around long-term protocol value and utility. https://x.com/GyroStable/status/1734942289229726128
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Gyroscope
@gyroscope
Gyroscope governance is built to protect users. Among several protections is a Conditional Cashflows mechanism, through which governance can realize cashflows in a way connected to long-term system health. Governance may activate this with a buy-and-burn mechanism in strategic periods.
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Gyroscope
@gyroscope
Gyroscope generates protocol revenue from: - fees on Gyro pools - stablecoin fees and reserve revenue The protocol currently generates $2M annualized in fees. This number is anticipated to scale with Volatile Pair pools, which have generated ~$0.3 annualized per $1 of TVL. Fees retained by Gyroscope accrue by default as reserve assets and may be used in a flywheel to incentivize new pools. Fees may also be shared with partners, such as through Balancer's veBAL system.
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