Gyroscope's GYD stablecoin uses E-CLPs for stability and efficient liquidity via a diversified asset basket.
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Gyroscope is a DeFi platform focused on stablecoin stability and liquidity. It uses Gyro Dollars (GYD), a stablecoin backed by a diverse asset portfolio, and Elliptic Concentrated Liquidity Pools (E-CLPs). E-CLPs improve capital efficiency and offer flexible trading options, especially for GYD, surpassing standard liquidity pools. This combination aims to create a strong system for maintaining GYD's stability and boosting collateral effectiveness.
As of now, Gyroscope is trading at 1.682955 USD, with a 24-hour trading volume of approximately 0 USD. The GYFI to USD price is updated in real time. Over the past 24 hours, Gyroscope has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 0 GYFI in circulation out of a maximum supply of 13 700 000 GYFI .
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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