Gyroscope Launches on Polygon

• Published 2 months ago on November 8, 2024 •

Hassan Maishera

On Thursday, the Polygon Foundation announced via X that Gyroscope has launched on the Polygon PoS network.

On Thursday, the Polygon Foundation announced via X that Gyroscope has launched on the Polygon PoS network. The launch brings the Gyroscope vortex of extreme liquidity and capital efficiency to the network.

Now, natively on Polygon PoS, users can use GYD and sGYD while also exploring LP into new Rehype pools.

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is up 2% in the last 24 hours and trades at $0.3438.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.