Gyroscope
Self-stable, reserve-backed stablecoin protocol
Details
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.
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Significant Events
Jan, 2022
Gyroscope raised $ 4.5 M in Seed round
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