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Gyroscope Price

GYFI
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Gyroscope(GYFI) Price Live Chart

Gyroscope(GYFI) Price Today

Gyroscope(GYFI) price today is $0.6299, with a 24-hour trading volume of $15.2 and as such Gyroscope(GYFI) has a market cap of --, giving it a market dominance of 0.00024%. The Gyroscope(GYFI) price moved +0.58% in the last 24 hours.

GYFI Price Data

  • 24H Volume$15.2
  • All-Time High(ATH)$4.07
  • 24H High$0.6318
  • All-Time Low(ATL)$0.6043
  • 24H Low$0.6233

GYFI Market Cap Infos

  • Fully Diluted Valuation$8.63M
  • Market SentimentNeutral

GYFI Supply

  • Total Supply13.7M GYFI
  • Max Supply

About Gyroscope (GYFI)

Contract

0x70c4430...20a8b7383

Explorers

Website

gyro.finance

Community

"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. "

FAQ About Gyroscope(GYFI) Price

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