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Mar 10

Gyroscope Public Beta is Live

Gyroscope is a new stablecoin design that, like a physical gyroscope, remains stable as the surrounding environment changes. Its reserve of capital acts like a spinning disk, maintaining its peg target. Gyroscope, a crypto startup that claims to be building a unique stablecoin, announced it has raised $4.5 million in a seed funding round. The round was closed in January 2022, but Gyroscope is making it public now because the protocol's codebase is substantially completed and it's ge...

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