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:

• Asset-backed. Every GYRO is backed by multi-asset stablecoins and GYRO-USDT LP in the treasury. This ensures GYRO will be greater than or equal to 1 USDT
• Protocol-controlled. The treasury and reserve are managed and controlled by the protocol itself; allowing transparency and fairness for all participants
• Community Governed. Gyro is a community-driven open protocol where GYRO token holders can suggest, debate, and implement changes to 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.