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Currency
GYRO Price
Contracts/Explorers:
Gyro is a decentralized treasury-backed currency protocol
Gyro is a decentralized currency that isn't pegged to any fiat currency. By using algorithmic control of market dynamics, Gyro's stable currency aims to curb inflation and give users the same purchasing power tomorrow as they do today.
Key features of Gyro:
Fundamentally, Gyro consists of a treasury and liquidity that is managed and owned by the protocol itself. Gyro's algorithm dynamically mints GYRO tokens based on a bond mechanism, and high staking rewards that are designed to control inflation and dilution.
The treasury issues Bonds which then generates profit for the protocol. This allows the treasury to use the profit to mint GYRO and distribute them to stakers. With LP bonds, the protocol is able to accumulate liquidity, ensuring system stability.
Gyro's current price is $ 1.27, it has dropped -0.51% over the past 24 hours.
Gyro's All Time High (ATH) of $ 3,592 was reached on 25 Oct 2021, and is currently -100% down.
The current circulating supply of Gyro is 610.04 Thousands tokens, and the maximum supply of Gyro is 610.04 Thousands.
Gyro’s 24 hour trading volume is $ 1.37 Thousand.
Gyro's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 773.20 Thousands.
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