Gyroscope: The All-Weather Stablecoin

Gyroscope is an "all-weather stablecoin" that is backed by a reserve portfolio that tries to diversify across many risk factors. By maintaining a reserve of many decorrelated assets, it makes Gyro Dollars more resilient, similar to how it is hard to move a spinning gyroscope. In a market where there's an explosion of new stablecoins, Gyroscope attempts to find a niche by providing a very stable and resilient option. We were joined by co-founders Lewis Gudgeon and Ariah Klages-Mundt to chat about how Gyroscope works and their strategy to try to make it a standard throughout DeFi.

Topics:

• Their backgrounds and how they got into crypto
• An overview of the Gyroscope Stablecoin
• The collateral being used
• The mechanism used for stabilizing reserves
• Use cases of the Gyrodollar
• SAMMs and PAMMs
• Leverage loans
• Governance within the protocol
• The goals of the current testnet
• How to get involved

Links:

• Gyroscope
• Discord
• Gyroscope blog
• Twitter