"Gyroscope is a decentralized protocol which allows the issuance of a fully-backed stablecoin with algorithmic price bounding and all-weather reserves:
- A fully backed stablecoin: the Gyroscope stablecoin aims at a long-term reserve ratio of 100%, where every unit of stablecoin is backed by 1 USD worth of collateral.
- An all-weather reserve: the reserve is a basket of protocol-controlled assets that jointly collateralize the issued stablecoin. Initially most assets will be other stablecoins. The reserve aims to diversify all risks in DeFi to the greatest extent possible. It considers more than just price risk, but also censorship, regulatory, counterparty, oracle and governance risks.
- Algorithmic price bounding: Prices for minting and redeeming stablecoins are set algorithmically to balance the goal of maintaining a tight peg with the goal of long-term viability of the project in the face of short-term crises.
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Where is Gyroscope available for purchase?
You can exchange GYFI tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Gyroscope is Balancer V2 (Base), notably the GYFI/GYD pair, which saw a trading volume of $ 5,381.93 in the past day. Additionally, Aerodrome SlipStream is popular alternative for trading tokens.
What is the highest value Gyroscope (GYFI) has ever reached?
Gyroscope (GYFI) reached its peak price at 4.07 $ on 19 March 2025, approximately 5 months ago ago. Presently, the current price is -79.22% lower than this all-time high.
What is the historical minimum price for Gyroscope (GYFI)?
The minimum price reached for Gyroscope (GYFI) was 0.4824 $, documented on 08 June 2025, more than 2 months ago. In comparison, the current price is 75.25%, it above this historical low.
What is the fully diluted valuation of Gyroscope (GYFI)?
The fully diluted valuation (FDV) of Gyroscope (GYFI) stands at $ 19,33 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of GYFI tokens. The realization of this FDV might take several years depending on the emission schedule of GYFI tokens.
How to add Gyroscope (GYFI) to MetaMask?
By integrating Gyroscope (GYFI) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import GYFI as a token. You can either manually import GYFI by copying its contract address (0x70c4430f9d98b4184a4ef3e44ce10c320a8b7383) or use MetaMask's Chrome extension to add GYFI with a single click through P.CASH.
How to add Gyroscope (GYFI) to TrustWallet?
Incorporating Gyroscope (GYFI) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include GYFI, you can either manually import it using the contract address (0x70c4430f9d98b4184a4ef3e44ce10c320a8b7383) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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