Follow
Show Coin Info
Price
0.992463 USD
% Change
0.00%
Market Cap
24M USD
Volume
1 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.
GYD Price Changes After Event Publication
0.20%
1 day
0.10%
2 days
0.75%
Now (Added 11 months ago)
The event is about to begin
0
D
0
H
0
M
0
S
A
Mar 17 20:30 (UTC)
✕
✕