GYROWIN

Gyrowin is a decentralized finance and gaming platform that offers integrated staking and lending features. This allows players to earn and invest on a single platform.

Mission & Vision

Gyrowin is committed to providing transparent capital and fairpricing reward pools. In line with our vision of capital transparency, the Gyrowin protocol strives to maintain 100% decentralization of the platform. To achieve this, all core activities of the platform, such as token prices, are updated using ChainLink. ChainLink is known for providing tamper-proof databases and computations on any blockchain, making it the ideal oracle network for these purposes. Additionally, other features such as ChainLink VRF and automations are also utilized.

Money Plants (Staking)

Every week, stakers will receive 15% of the rewards from the 6/45 lottery pool. In addition, they will receive 1% of the rewards from the $GW/BUSD swap tax for each transaction. To support the value of $GW, we will buy back and burn 5% of the rewards from the 6/45 lottery pool every week. This will result in the minting of $GW every block, which will be rewarded to stakers. Please note that $GW holders will not be affected by this minting and burning process. Unclaimed $BUSD rewards will be lent out to earn additional rewards on the lending platform. Unclaimed $GW will be automatically reinvested in money plants. Finally, please note that stakers may receive additional rewards from other sources after voting.

Lending Platform

Users can earn tokens by lending $GW tokens. There are multiple sources of rewards for lenders, and additional rewards may be added in the future through governance decisions.

Important features of our staking platform

Gyrowin has designed the staking process to be fun and competitive for stakers. Gyrowin uses a first-come, first-served approach, which is achieved by limiting the staking amount per wallet and the total staking amount per staking round.

How does mint work?

Every week, 5% of the 6/45 lottery prize pool is burned in the form of $GW. Once 5% of the total supply has been burned, $GW is minted per block. Gyrowin will use AI to determine the number of $GW to be minted, taking into account the supply and demand of $GW in the current market. This will enable us to create a stable market where current $GW holders will not be affected. The newly minted tokens will be rewarded to our stakers.

Lending and Borrowing protocol

Our defi game buyers are guaranteed instant purchase and all-time access to Prize Pools. The players can purchase the defi game tickets (aka General Lottery Players) or borrow tokens from the Lenders pool to purchase the defi game tickets (aka Borrowers). To borrow tokens from Gyro’s Lender Pool, the Borrowers choose to collateralise their base assets (BUSD and BNB) in exchange for the borrowed tokens (GW). The Borrowers later can use the borrowed tokens to buy tickets and contribute to the Prize Pools. To unlock the base assets, the Borrowers must repay the borrowed tokens plus the interests (at the flexible APY of Lender Pool).

10 Minutes Lottery & one day Lottery

Gyrowin, however, is not just the borrowing & lending protocol. Gyrowin operates a decentralised Game platform where all games ticket purchases are added to Prize Pools. Players can purchase the tickets with tokens supported by our platform in Binance, Polygon, Solana and Tron blockchain network. In addition to that, players are also able to purchase tickets off-chain using our point system.
Defi game Prize Pools As the Game Draws are closed without a winner, the Rollover Prizes are added to Prize Pools for the next draw.
Aside from the traditional lottery system, Gyrowin introduced the second lottery system called the 10 Minutes Lottery and 1 day Lottery, where players can join as many Prize Pools as they want, compared to the traditional lotteries drawn once a week. The Lottery exclusively grants the token holders the right to vote on new lottery drawing types which best match the majority of player preferences.
We, Gyrowin, are here to innovate the defi game industry by offering multiple games systems in one platform. On Gyrowin, players can enjoy their all-time favourite defi games, such as the 5+1/70 Mega Millions and 6/45 Australian lottery, which can be updated according to the governance voting. After thorough research, we found out that most of the game player concerns were related to the validity of game draws.
To mitigate this doubt, and earn people’s trust, Gyrowin will be using ChainLink VRF(Verifiable Random Function). The validity of the random numbers generated for the draws would be verifiable in the blockchain without compromising the usability and security. In addition to that, it helps us build a transparent lottery system for all the players.
Gyrowin is a de-fi gaming platform on Binance, Solana, Polygon and Tron with additional features for borrowing and lending in Binance chain. Gyrowin crosses the boundary for lottery players to easily buy tickets both off-chain and on-chain.
Also, having a Governance system allows for Gyrowin to create a decentralised ecosystem for its community members. This ensures future advancement of Gyrowin is in the right direction, in a democratised way.
Since Gyrowin offers Prize Pools on multiple chains (Binance, Polygon, Solana, and Tron), we reduce the risk of cyber attacks on our Prize Pools (Defi Hack Risk). Under the attack, Prize Pools must be frozen to stop any transferring request from the attackers. The attacked Prize Pools will be migrated to non attacking chains (EVM-compatible chains).