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Gyroscope Dynamic Liquidity Pool: Launching on Ethereum Mainnet, while starting the LP incentive mechanism.
According to BlockBeats news, on July 8th, Gyroscope officially announced that ETH/USDC and ETH/USDT have launched on the Ethereum Mainnet, both incentivized by GYD - Gyroscope stablecoin, with an APR of up to 143%. The design goals of the dynamic liquidity pool are: 1. To provide real earnings from efficient Exchange Currency fees; 2. LPs do not need to manage and adjust Positions; 3. To offer a more effective and safer wide-range liquidity. The same dynamic liquidity pool includes: BTC/stablecoin, which has already brought better performance for LPs on Base. Its dynamic mechanism avoids high-cost rebalancing, providing LPs with automatic market-making profits that surpass other DEXs in the market. The dynamic liquidity pool will launch on Sei and more L2s.