Source: Coindesk.com
Decentralized finance (DeFi) protocol Gyroscope said Thursday it roll out a new yield-generating version of its stablecoin.
"Savings GYD," or sGYD, will aim to pay out 12%-15% annualized yield to token holders, variable to market conditions," the team said. "The revenue comes from the tokens backing assets that are placed in segregated vaults across various DeFi investment
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Source: Coindesk.com