Epicenter brings you in-depth conversations about the technical, economic and social implications of cryptocurrencies and blockchain technologies. Every week, we interview business leaders, engineers academics and entrepreneurs, and bring you a diverse spectrum of opinions and points of view. Epicenter is hosted by Sebastien Couture, Brian Fabian Crain, Friederike Ernst, Meher Roy and Felix Lutsch. Since 2014, our episodes have been downloaded over 8 million times.
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episode 415: Ariah Klages-Mundt & Lewis Gudgeon: Gyroscope – The All-Weather Stablecoin
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 crypto
- An overview of the Gyroscope Stablecoin
- The collateral being used
- The mechanism used for stabilizing reserves
- Use cases of the Gyrodollar
- SAMMs and PAMMs
- Leverage loans
- Governance within the protocol
- The goals of the current testnet
- How to get involved
Episode links:
- Gyroscope
- Discord
- Gyroscope blog
- Lewis on Twitter
- Ariah on Twitter
Sponsors:
- Chorus One: Chorus One runs validators on cutting edge Proof of Stake networks such as Cosmos, Solana, Celo, Polkadot and Oasis. - https://epicenter.rocks/chorusone
- ParaSwap: ParaSwap aggregates all major DEXs and makes sure you beat the market price at every single swap and with the lowest slippage - paraswap.io/epicenter
This episode is hosted by Sunny Aggarwal. Show notes and listening options: epicenter.tv/415