Epicenter - Learn About Blockchain, Ethereum, Bitcoin And Distributed Technologies

Gyroscope is an "all-weather stablecoin" that is backed by a reserve portfolio that tries to diversify across many risk factors. By maintaining a reserve of many decorrelated assets, it makes Gyro Dollars more resilient, similar to how it is hard to move a spinning gyroscope. In a market where there's an explosion of new stablecoins, Gyroscope attempts to find a niche by providing a very stable and resilient option. We were joined by co-founders Lewis Gudgeon and Ariah Klages-Mundt to chat about how Gyroscope works and their strategy to try to make it a standard throughout DeFi.Topics covered in this episode:Their backgrounds and how they got into cryptoAn overview of the Gyroscope StablecoinThe collateral being usedThe mechanism used for stabilizing reservesUse cases of the GyrodollarSAMMs and PAMMsLeverage loansGovernance within the protocolThe goals of the current testnetHow to get involvedEpisode links: GyroscopeDiscordGyroscope blogTwitterLewis on TwitterAriah on TwitterSponsors: Chorus One: Chorus One r