Base

Gyroscope is now deployed on @base 

Starting with the flagship pool for sDAI on L2s launched with @sparkdotfi.

Holders of USDC or sDAI on Base can now Triple Dip on Rehype E-CLP yield:

- BAL incentives live
- Swap yield from concentrated liquidity
- Yield from Aave and sDAI

Boosting DeFi stakeholders' yield potential and governance power, starting with Balancer 💜

karpatkey helps organisations preserve capital through state-of-the-art risk management and trust-minimised on-chain asset management.

Stablecoin superliquidity: all-weather GYD, yield-bearing sGYD, highly efficient liquidity pools (E-CLPs)

gyro.finance | linktr.ee/GyroStable

The first @base E-CLP is a collaboration with @sparkdotfi.

The sDAI/Aave USDC Rehype pool will form the main market for the expansion of sDAI to Base, and soon also @optimism.

The pool launches with the additional support of @karpatkey, @balancer, and @aurafinance.

Gyroscope's Rehype pools provide the most capital efficient way to bootstrap liquidity.

They combine the E-CLP's efficiency from asymmetric concentrated liquidity (>75% more efficient than StableSwap) with rehypothecation of pool assets to earn Aave yield.

Gyro's E-CLPs have been going strong. Here's where they stack up on security

✅ Well audited by 3 of the best
✅ Live with millions in TVL since June 2023
✅ Assets stored in battle-tested Balancer vault
✅ Simple pool architecture
✅ Trusted with incentives by top projects

Rehype pools introduce no new smart contract complexity compared to standard E-CLPs.

They thus inherit the strong security record of E-CLPs with only direct Aave risks added on top.

Rehype pools introduce no new smart contract complexity compared to standard E-CLPs.

They thus inherit the strong security record of E-CLPs with only direct Aave risks added on top.
https://warpcast.com/gyroscope/0x7b4d7a4d

To LP in the pool, bridge sDAI from Ethereum via
https://superbridge.app/base

And deposit sDAI and USDC at

To LP in the pool, bridge sDAI from Ethereum via
https://superbridge.app/base

And deposit sDAI and USDC at
https://app.gyro.finance/pools/base/e-clp/0x821afe819450a359e29a5209c48f2fa3321c8ad2/

Gyroscope's Rehype pools provide the most capital efficient way to bootstrap liquidity.

They combine the E-CLP's efficiency from asymmetric concentrated liquidity (>75% more efficient than StableSwap) with rehypothecation of pool assets to earn Aave yield.
https://x.com/i/status/1795466864065224760