Gyroscope

Superliquidity, made simple. Efficient, passive access to concentrated liquidity and superliquid stablecoin yield

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[Gyroscope @GyroStable]

We have the information to catch the exploiter in time. You’re not anonymous.

The simplest way forward today is to return 90% of funds to the Gyroscope governance address on Ethereum within 48 hours: 0x78EcF97572c3890eD02221A611014F30219f6219
Once received, FTL Labs will consider its investigation closed and shift focus to returning rescued funds to users without the need for the legal route.

Reach out to [email protected] to communicate more.

[Gyroscope @GyroStable]

We have continued to investigate the GYD exploiter:

We have identifying information about you. You can be unmasked over time.

What you have stolen is really not worth the risk. Returning funds now is your best option.

If you’re open to communication, reach out to [email protected].

- FTL Labs

[Gyroscope @GyroStable]

The majority of the remaining TVL is located in these two specific rETH/WETH pools. If you have active positions here, please withdraw your capital:

https://t.co/QRtGxI7Drx

https://t.co/CBAD7tab6m

https://t.co/QRtGxI7Drx

[Gyroscope @GyroStable]

Reminder: Polygon zkEVM will sunset on 1 July. LPs have been advised to migrate assets by then, after which remaining funds will be permanently inaccessible.

~$13.2K is yet to migrate from Gyro pools on the chain, mainly from rETH/WETH pools.

More info: https://t.co/8FmWfUXv2H

[Gyroscope @GyroStable]

The sunset decision was made by Polygon, with a year of advance notice. Because Gyro pools are non-custodial, users retain sole control for their assets; they cannot be accessed or moved for you.

[Sonic Eco @SonicEcosystem]

ECLP from @beets_fi is one of the better LP designs on Sonic Network from a performance perspective.

Concentrated exposure, dynamic rebalancing, and fee capture without needing rewards to make the position work.

Good LP mechanics matter.👇

[Franz @franz_ns]

Lets add an update here for the 3 months mark:

$10k deployed ($5k S + $5k USDC) into the wS/USDC dynamic ECLP → $11738 today
Same capital HODL’d → $9674

That’s +$2064 you don’t get by sitting idle.

[Franz @franz_ns]

We are now two months in and the gains are real:

$10k deployed ($5k S + $5k USDC) into the wS/USDC dynamic ECLP → $12036 today
Same capital HODL’d → $10245

That’s +$1791 you don’t get by sitting idle.

If we extrapolate to the year, this is REAL APR of >107%

[Franz @franz_ns]

We’re continuing the “put your capital to work” series.

$10k deployed ($5k S + $5k USDC) into the wS/USDC dynamic ECLP → $11064 today
Same capital HODL’d → $9947
That’s +$1,117 you don’t get by sitting idle.

Stop HODLing. Start working your liquidity.

[Sonic Eco @SonicEcosystem]

3. Dynamic ECLP (@beets_fi )

Dynamic ECLP is concentrated liquidity that automatically tracks market price using a live feed, helping keep liquidity in range.

It is built for a more hands-off setup than manually managing a fixed concentrated range yourself.

[Gyroscope @GyroStable]

Dynamic E-CLPs performing on @beets_fi

[Beets @beets_fi]

Fixed CL is a fee trap.

Once the price moves out of range, you earn $0 and are left with a position that requires constant rebalancing.

Dynamic CL fixes this:

• Ranges shift with the market
• Continuous fee capture
• Set-and-forget liquidity

https://t.co/9oIzVY0UlD

[Beets @beets_fi]

Concentrated liquidity. Automated.
No range management.
No rebalancing.
No monitoring.
Just yield.

https://t.co/gxYRfi70pn

[Beets @beets_fi]

Dynamic E-CLPs are now incentivised on Beets.

Concentrated liquidity that auto-adjusts with the market. Your capital stays active, earning fees with no manual management needed.

▫️wS / USDC
▫️wETH / USDC
▫️wETH / wBTC

Live on Sonic:
https://t.co/sXqpr4VEY9

[Ariah Klages-Mundt @aklamun]

The GYD exploiter has taken huge risk for little reward vs the honest route of being a whitehat.

We know an incredible amount about them (and more each day). We're confident they’ll be caught.

Their best option is to get in touch about returning funds.

[Gyroscope @GyroStable]

We have continued to investigate the GYD exploiter:

We have identifying information about you. You can be unmasked over time.

What you have stolen is really not worth the risk. Returning funds now is your best option.

If you’re open to communication, reach out to [email protected].

- FTL Labs

[Gyroscope @GyroStable]

To 0x7DD4075A6eAe9f18309F112364f0394C2DfA8102:

We have traced your offchain activity related to the incident across multiple locations online. This information, including non-VPN IP address and device fingerprint, will eventually identify you.

We have also narrowed down the location of funds. If you are a whitehat, now is the time to return funds.

[Gyroscope @GyroStable]

⚠️ Message to who executed the GYD bridge security incident

To 0x7DD4075A6eAe9f18309F112364f0394C2DfA8102:

This is Gyroscope governance. We propose a resolution to the GYD smart contract incident. You can return 200 ETH that you hold from this incident. Gyroscope is then in a position to consider the remaining over 100 ETH as a fixed whitehat settlement credit. This generous of a settlement is possible because it gives the protocol a chance of making users whole by canceling GYD’s system surplus.

If you take this offer, Gyroscope will cease investigations and consider you as a whitehat who performed an emergency recovery of funds and made users whole.

It’s a win for all. You will be taking a big everlasting risk if you take all of the funds, which isn’t even that much in total. With this offer, for the same order of magnitude of reward, your risk would be reduced massively and users would be made whole.

If the funds are not returned, Gyroscope will alternatively offer the same deal to the public for anyone for information that leads to prosecution and full recovery of funds. Security researchers have already found significant leads that could aid in this direction. We believe it doesn’t have to go that way though, and we believe you can be a whitehat.

To accept this settlement, return 200 ETH to the Gyroscope GovernanceManager contract 0x78EcF97572c3890eD02221A611014F30219f6219 on Ethereum by 18:30 UTC on February 5th.

If you would prefer to communicate in private, you can contact [email protected].

[Gyroscope @GyroStable]

⚠️ Message to who executed the GYD bridge security incident

To 0x7DD4075A6eAe9f18309F112364f0394C2DfA8102:

This is Gyroscope governance. We propose a resolution to the GYD smart contract incident. You can return 200 ETH that you hold from this incident. Gyroscope is then in a position to consider the remaining over 100 ETH as a fixed whitehat settlement credit. This generous of a settlement is possible because it gives the protocol a chance of making users whole by canceling GYD’s system surplus.

If you take this offer, Gyroscope will cease investigations and consider you as a whitehat who performed an emergency recovery of funds and made users whole.

It’s a win for all. You will be taking a big everlasting risk if you take all of the funds, which isn’t even that much in total. With this offer, for the same order of magnitude of reward, your risk would be reduced massively and users would be made whole.

If the funds are not returned, Gyroscope will alternatively offer the same deal to the public for anyone for information that leads to prosecution and full recovery of funds. Security researchers have already found significant leads that could aid in this direction. We believe it doesn’t have to go that way though, and we believe you can be a whitehat.

To accept this settlement, return 200 ETH to the Gyroscope GovernanceManager contract 0x78EcF97572c3890eD02221A611014F30219f6219 on Ethereum by 18:30 UTC on February 5th.

If you would prefer to communicate in private, you can contact [email protected].

[Gyroscope @GyroStable]

As per:

https://t.co/SGKScwBTzF

[Gyroscope @GyroStable]

Offer partial return of funds & whitehat settlement credit to the party that executed the GYD bridge security incident

https://t.co/VQDr4qXeqF

[Gyroscope @GyroStable]

An exploit has affected GYD’s cross-chain contract. Do not interact with GYD.

The issue is isolated to GYD. Gyroscope CLPs that do not contain GYD are unaffected to best knowledge.

GYD Gyro liquidity pools have been paused.

The FTL Labs team is working to understand the issue and is in contact with leading security researchers. Additional findings will be shared as they become available.

[Gyroscope @GyroStable]

An exploit has affected GYD’s cross-chain contract. Do not interact with GYD.

The issue is isolated to GYD. Gyroscope CLPs that do not contain GYD are unaffected to best knowledge.

GYD Gyro liquidity pools have been paused.

The FTL Labs team is working to understand the issue and is in contact with leading security researchers. Additional findings will be shared as they become available.

[Gyroscope @GyroStable]

While ETH may be down, Gyroscope's first go-back-to-market experiment is hitting well.

Designed for passive LPs to harvest ETH trading volatility and well suited for choppy markets.

[Gyroscope @GyroStable]

New incentives live for ETH/USDC Dynamic E-CLP on Base.

Gyroscope’s Dynamic E-CLPs are designed to crack profitable passive LPing. They’ve been proven in practice and resilience since June.

This batch experiments in a renewed GTM following successful navigation of recent DeFi volatility. Whether you’ve been a past LP or interested on the sidelines, join to shape the next phase of Gyro.