Gyroscope provides:
- a resilient digital currency (GYD) pegged to the dollar, which may be used for digital payments and transfers, digital currency trading, and as a clearing asset for onchain financial transactions
- Efficient and passive liquidity pools, which allow users to provide liquidity for digital asset pairs, access self-managed portfolios, and trade digital currencies and tokens
- a governance token (GYFI) that aligns long term evolution of the protocol and growth of use cases
Gyroscope’s products are non-custodial and exist as code on a blockchain. Users can easily use the products in the above ways using Gyroscope’s UI.
Gyroscope’s UI is a web-hosted application that helps users read blockchain data and construct the transactions for interacting with the software that exists on the blockchain, which the user may then submit using their digital wallet.