Introduction
Gyroscope is a decentralized finance (DeFi) protocol that aims to create a stable and resilient stablecoin ecosystem. Defined as a DeFi protocol, Gyroscope incorporates autonomous pricing models, liquidity pools, and governance to ensure stability and value retention. Through its unique reserve management and pricing systems like PAMM and SAMM, Gyroscope delivers a stablecoin solution that is distinct from traditional models. The protocol also emphasizes community governance, allowing token holders to participate in decision-making and protocol improvements.
Background and History
Gyroscope was developed with the goal of addressing common stability issues associated with stablecoins. The team introduced an innovative reserve system, paired with autonomous pricing mechanisms, to ensure that Gyroscope’s stablecoin remains robust in various market conditions. Since its inception, Gyroscope has incorporated economic safety checks and partnered with
