Galaxy-Backed Gyroscope’s Decentralized Stablecoin GYD Goes Stay on Ethereum (ETH) Mainnet

Galaxy-Backed Gyroscope’s Decentralized Stablecoin GYD Goes Stay on Ethereum (ETH) Mainnet

by Jeremy

Backing belongings are stablecoins deployed in sure methods equivalent to yield-generating sDAI and USDC in Flux, and likewise help automated market-making (AMM) methods like LUSD and crvUSD. Because the stablecoin scales, the reserve has been designed to a big number of methods and belongings, the Gyroscope staff defined.

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