sGYD
SGYDProject Safety Score
Updated 2 days, 7 hours agoGyroscope sets out to create stablecoin superliquidity.
Gyroscope does so via its dual-offering of concentrated liquidity AMMs and a meta-stablecoin. Both products are designed to absorb complexity:
- GYD is a meta-stablecoin that allows its holders to get one-stop-access to a diversified basket of stablecoins and advanced onchain risk controls. Yield earned by deploying GYD reserve assets is distributed to GYD stakers, via the sGYD ERC-4626 implementation. Reserve asset yield can also be streamed to GYD pools.
- E-CLPs are CL AMMs - built on Balancer - that concentrate liquidity. As E-CLP price-bounds are defined on a per-pool level, LPs effectively subscribe to a portfolio-strategy, but take on no operational burden. E-CLPs are highly customizable and support yield-bearing assets and Aave deposit-receipt tokens. By using rate providers that factor out yield from asset prices it is possible to avoid drifting out of range. E-CLPs thus yield high capital efficiency, control over desired liquidity shapes, and a seamless LP experience. E-CLPs are also integrated into all major order routers.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
