What is Gyroscope?
Gyroscope is a decentralized stablecoin featuring a novel all-weather stablecoin design combined with more efficient stablecoin liquidity pools.Gyroscope Airdrop Details
Gyroscope is running a points campaign where users can earn SPIN for interacting with their ecosystem. SPIN points convert to Gyroscope’s GYFI governance tokens with up to 10% of supply depending on SPIN and usage metrics.Step-by-Step Guide:
Latest Update: Gyroscope GYFI Token Claim Now Live on Base
Gyroscope’s governance token $GYFI is now available for claiming on Base. Gyroscope has established itself as a high-performing protocol with impressive metrics:- 550% quarterly swap fee growth
- 145K monthly active users
- $61M TVL
- $2M annualized revenue
Airdrop Claim Options
Eligible recipients can choose from three claim options with varying lockup periods:- Visit the GYFI airdrop claim page
- Connect your wallet to claim your tokens.
- Standard Claim (Option 1):
- Fully liquid GYFI tokens
- Conversion rate: 1,066 SPIN per GYFI
- No vesting period (up to a cap affecting only the largest holders)
- Medium Lockup (Option 2):
- 9-month linear unlock period
- 40% bonus GYFI compared to Option 1
- Tokens begin unlocking immediately over 9 months
- Extended Lockup (Option 3):
- 18-month unlock period with 9-month cliff
- 150% bonus GYFI compared to Option 1
- No liquid tokens before month 9, then linear unlock from month 10
Snapshot and Future Distributions
- Initial airdrop based on SPIN snapshot taken on March 14, 2025
- SPIN points will continue to accrue
- Future SPIN can be converted to GYFI at the same rate in subsequent distributions
- SPIN rates per pool may adjust with market conditions, with changes clearly communicated in the UI
How to participate in Gyroscope airdrop?
- Visit Gyroscope, connect your wallet and enter the referral code 89X5PA.
- SPIN can be earned in several ways including holding GYD or as sGYD.
- SPIN can also be earned by LPing in GYD pools, as LP shares in Governance or as LP shares in gauges. Different pools have different SPIN base rates.
- The third way yo earn SPIN is to LP in E-CLPs in non-GYD pools.
- Also, create a referral code and invite friends to earn more SPIN.
- Collect more SPIN to rank up to higher tiers, which provides higher boosts.
- For more information about Gyroscope’s Phase 2, check out this tweet.
- Follow Gyroscope on X for further updates.
- Airdrop Link: Go to airdrop
- Total value: n/a
- Platform: eth