Ariah Klages-Mundt & Lewis Gudgeon: Gyroscope – The All-Weather Stablecoin
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
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Is There a P S M, or a Primary Market?
Gyroscope is building a system that ties the die price to one us d c. The idea would then be that part of the gira dollar supply would be backed by a, by leverage loans, just like maker. Part of it would also be backed by t thi, this primary market mechanism,. This p s m replacement, so to say. And then you have a basically similar, sort of like security a to to maker, but maybe you like a little bit better because you have a stronger, more robust a primary market mechanism.
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