Backing belongings are stablecoins deployed in sure methods resembling yield-generating sDAI and USDC in Flux, and likewise help automated market-making (AMM) methods like LUSD and crvUSD. Because the stablecoin scales, the reserve has been designed to a big number of methods and belongings, the Gyroscope crew defined.
Galaxy-Backed Gyroscope’s Decentralized Stablecoin GYD Goes Live on Ethereum (ETH) Mainnet
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