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Gyro

Gyro GYRO Price $ 1.27

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Currency

GYRO Price

1.27
0.51%
(-$ 0.00654)
Price Range
LowHigh
$ 1.27$ 1.27

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Description

Gyro is a decentralized treasury-backed currency protocol

Gyro (GYRO) Chart

The Gyro to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

GYRO to USD Converter

Gyro (GYRO)GYRO

GYRO Price Statistics

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Market Cap

$ 773.20K

FDV

$ 773.20K

ATH Market Cap

$ 114.58M

24 Trade Vol.

$ 1.37K


Vol. (24h) / MCap

0.00177

Total Supply

GYRO 610,038

Circulating Supply

GYRO 610.04K

(100% of Total Supply)

Listing Date

15 Oct 2021

All Time High

$ 3,592

25 Oct 2021


All Time Low

$ 1.27

28 Mar 2024


From ATH

100%

From ATL

0.08%

Gyro Price Analysis

What is Gyro (GYRO)?

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.

Gyro Price Today

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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