Gyroscope is developing GYD, a decentralized, noncustodial stablecoin fully backed by diversified assets in smart contracts. Governed on-chain by the Gyroscope DAO, the community can propose and vote on changes. The stablecoin maintains a 100% reserve ratio with 1 USD worth of collateral per GYD. Gyroscope raised $4.5 million in seed funding, co-led by Placeholder VC and Galaxy Ventures.
SynStation is a decentralized prediction market platform that enables users to forecast future events and earn rewards based on their insights.
Velodrome Finance is an automated market maker (AMM) and integrates features from Curve, Convex, and Uniswap to establish itself as the primary liquidity hub for OP Mainnet. It boasts unique functionalities like a self-optimizing liquidity flywheel and NFTs representing liquid locked positions, directing 100% of protocol incentives and fees to its voters.
MarginZero is a pioneering trading platform that transforms the landscape of perpetual futures by offering non-liquidatable positions. By removing the traditional constraints associated with margin requirements and liquidation risks, MarginZero enables traders to hold positions indefinitely, fostering a more stable and secure trading environment.
