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Market Cap
24.2M USD
Volume
264K USD
Circulating Supply
24.2M
Gyroscope GYD to Release GYFI in March
Gyroscope GYD has announced that GYFI is expected to launch in March.
Event date: March 2025 UTC
Gyroscope
@GyroStable
@GyroStable
Gyroscope generates protocol revenue from:
- fees on Gyro pools
- stablecoin fees and reserve revenue
The protocol currently generates $2M annualized in fees. This number is anticipated to scale with Volatile Pair pools, which have generated ~$0.3 annualized per $1 of TVL.
Fees retained by Gyroscope accrue by default as reserve assets and may be used in a flywheel to incentivize new pools. Fees may also be shared with partners, such as through Balancer's veBAL system.
- fees on Gyro pools
- stablecoin fees and reserve revenue
The protocol currently generates $2M annualized in fees. This number is anticipated to scale with Volatile Pair pools, which have generated ~$0.3 annualized per $1 of TVL.
Fees retained by Gyroscope accrue by default as reserve assets and may be used in a flywheel to incentivize new pools. Fees may also be shared with partners, such as through Balancer's veBAL system.
Gyroscope
@gyrostable
@gyrostable
$GYFI is expected to launch in the next week.
It comes at a time when Gyroscope's decentralized governance is live and Gyroscope's model shows traction with organically sustainable growth in the system.
It comes at a time when Gyroscope's decentralized governance is live and Gyroscope's model shows traction with organically sustainable growth in the system.
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The event is about to begin
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Mar 17 20:30 (UTC)
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