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Ariah Klages-Mundt & Lewis Gudgeon: Gyroscope – The All-Weather Stablecoin

Episode Summary

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.

Episode Notes

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 covered in this episode:

• 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

Episode links:

• Gyroscope
• Discord
• Gyroscope blog
• Twitter
• Lewis on Twitter
• Ariah on Twitter

Sponsors:

• Chorus One: Chorus One runs validators on cutting edge Proof of Stake networks such as Cosmos, Solana, Celo, Polkadot and Oasis. - https://epicenter.rocks/chorusone
• ParaSwap: ParaSwap aggregates all major DEXs and makes sure you beat the market price at every single swap and with the lowest slippage - paraswap.io/epicenter

This episode is hosted by Sunny Aggarwal. Show notes and listening options: epicenter.tv/415