12/3/2022, 4:14:21 PM

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Gyro is on the decline this week.

The price of Gyro has fallen by 2.54% in the past 7 days. The price increased by 0.12% in the last 24 hours. In just the past hour, the price grew by 0.04%. The current price is $3.54 per GYRO. Gyro is 99.90% below the all time high of $3,626.50.

The current circulating supply is 0 GYRO.


What Is Gyro (GYRO)?

Gyro (GYRO) is a decentralized currency that is not pegged to any traditional currency. The platform's stable currency aims to curb inflation by utilizing algorithmic control of market dynamics. It also aims to provide users with the same purchasing power in the future as they enjoy at present. The treasury-backed currency on BSC has to maintain a value equal to one USD. However, this currency is not pegged to anything, which means that currency can have a value of more than one USD and provides the holders with great benefits. BSC is a platform that facilitates fast, decentralized trading. Gyro aims to offer a new asset token that can be used in any portfolio. It is utilized to hedge risky assets while providing safer and more attractive rewards than stablecoins.

The platform believes that the world is full of speculations, unpredictability, and market volatility. Therefore, the customers are exposed to extremely weak hands and diamond hands. Gyro aims to bring a middle ground by introducing smart hands to hedge. The platform has policies and division of new projects that stabilize the currency. Gyro solves many of the problems related to the traditional currencies that are flawed by lack of underlying value, association with the government, and centralization.

GYRO is the official cryptocurrency that serves utility within the ecosystem. The governance system of the Gyro protocol administrator is replaced with community governance, where each GYRO holder has the right to debate, suggest, and implement changes without relying on the team. The GYRO holders can also earn rewards by staking their tokens through Gryo's DApp. The rewards are acquired from the revenues of bond sales. Rewards may fluctuate depending on the quantity of GYRO staked in the protocol and the reward rate determined by an algorithmic currency policy.

Furthermore, the bonding process of trading LP tokens for GYRO tokens allows users to acquire GYRO at a lower value. When a user trades LP, the protocol discounts the GYRO. The concept here is that bonds give the user more GYRO than they would have received if they had bought on the market and then staked.

History of Gyro (GYRO)

As the roadmap suggests, the platform completed the milestone of Alpha Build in February 2021. From March 2021 to September 2021, the platform achieved other milestones of the pre-launch campaign, Beta testing, IDO, and post IDO marketing. Later, in Q4 2021, the platform completed governance DAO and announced a partnership.

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What is the current price of Gyro?

The price of 1 Gyro currently costs $3.54.

What is the market cap of Gyro?

The current market cap of Gyro is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Gyro?

The all-time high of Gyro is $3,626.50. This all-time high is highest price paid for Gyro since it was launched.

What is the 24 hour trading volume of Gyro?

Over the last 24 hours, the trading volume of Gyro is $1.53K.

What other assets are similar to Gyro?

Assets that have a similar market cap to Gyro include QuinCoin, Zomfi, Cherry Network, and many others. To see a full list, see our comparable market cap assets.

How many Gyro are there?

The current circulating supply of Gyro is 0.