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About Gyroscope
"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.
"
Market Stats
Market Cap
£31.55M
FDV
£31.55M
Circ. Supply
2.1M GYFI
Max Supply
Not enough data
Total Supply
2.1M GYFI
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
Not enough data
Price Change (1Y)
Not enough data
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £14.86 per GYFI with a 24-hour trading volume of £0.00.
The current circulating supply of Gyroscope is 2,123,464.628 GYFI which means that Gyroscope has as total market cap of £31,549,238.19.
Market details
GYFI vs markets
Not enough data
GYFI vs BTC
Not enough data
GYFI vs ETH
Not enough data
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x70c4430f9d98B4184A4ef3E44CE10c320a8B7383 | |
Base | 0xc63529297dE076eB15fcbE873AE9136E446cFbB9 |
Price history
Time | Price | Change |
|---|---|---|
Today | £14.86 | |
1 Day | £0.0353 | |
1 Week | £0.03553 | |
1 Month | £0.03595 | |
1 Year | £0.5345 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Gyroscope calculator
Related assets
Popular price predictions
Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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