Gyroscope
@gyroscope
Beat the risks with sGYD while earning the currently unbeatable yield rate of 12.28%. Now with ARB rewards on top. https://app.gyro.finance/sgyd/arbitrum/
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Gyroscope
@gyroscope
Holding any stablecoin entails risks, as USDC holders experienced in the SVB crisis last year. Gyroscope is designed to manage these risks for you in one simple tokenized form, powered by uniquely resilient risk control and diversification mechanisms. https://x.com/GyroStable/status/1634632199927484425
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Gyroscope
@gyroscope
Two things determine the variable sGYD yield: - How much the GYD reserve earns via strategies and protocol fees - How much GYD is staked in sGYD. If the amount is low, sGYD receives an amplified APR GYD rewards are refreshed gradually as new TVL is deposited and scale with TVL over time. Read more on how sGYD works: https://docs.gyro.finance/gyroscope-protocol/sgyd-and-reserve-yield-emission
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Gyroscope
@gyroscope
How to use sGYD on Arbitrum: 1. Get GYD (e.g., via highly liquid {USDC,USDT}->GYD routing on @odos or @paraswap) 2. Deposit in sGYD at https://app.gyro.finance/sgyd/arbitrum/ 3. Stake sGYD for ARB rewards or use sGYD in more DeFi applications (coming soon)
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