{"title": "Gyroscope", "logoImg": "bafkreic3zm4xc5r6ckiysrhfrg3piiikmidyoijtdkgoahn4od5b6l2xzi", "website": "https://gyro.finance/", "bannerImg": "bafkreigrlshbrzwqedho7lhva6hgyh3anv2amt666wasgappt7keomsula", "createdAt": 1715950647766, "credentials": {}, "description": "Gyroscope Protocol offers an algorithmic, yet fully-collateralised, redeemable, and non-custodial stablecoin (GYD) that builds out several extensive infrastructure advancements for automated risk control and liquidity management.\n\nNotably, Gyroscope designed a concentrated liquidity pool, E-CLP or Elliptic Concentrated Liquidity Pool, on top of the Balancer stack. Over the last 8 months, Gyroscope has launched several E-CLPs that outperformed existing liquidity infrastructure, such as StableSwap AMMs. \n\nThe pools concentrate and manage liquidity according to rules specified on a pool level. As such, there are no barriers for entrance. At the same time, E-CLPs are highly customizable and allow, for example, for asymmetric liquidity profiles. E-CLPs are provably more capital efficient, see additional info here: https://dune.com/gyro_finance/gyroscope\n\nGyroscope facilitated $1B+ in E-CLP volume and has about $25M TVL and many ecosystem partners.\n\nGyroscope is already playing an important role in GHO liquidity provision (see tweet: https://x.com/GyroStable/status/1788325662941413814) as Gyroscope calibrated and launched several GHO pools.", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "gyrostable", "projectTwitter": "GyroStable"}