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Gyroscope pools are unaffected by Monday’s exploit on Balancer. They were never at risk, but were paused for precaution while the scope of the exploit was unclear. Following the release of the postmortem, most Gyroscope pools are now unpaused and returned to normal business.

Today, around 7:48 AM UTC, an exploit affected Balancer V2 Composable Stable Pools. Our team is working with leading security researchers to understand the issue and will share additional findings and a full post-mortem as soon as possible. Because these pools have been live onchain for several years, many were outside the pause window. Any pools that could be paused have been paused and are now in recovery mode. All other Balancer pools are unaffected. This issue is isolated to V2 Composable Stable Pools and does not impact Balancer V3 or other Balancer pools. Balancer is committed to operational security, has undergone extensive auditing by top firms, and had bug bounties running for a long time to incentivize independent auditors. We are working closely with our security and legal teams to ensure user safety and are conducting a swift & thorough investigation. We’re grateful to our partners and the broader DeFi community for their support. Security notice: Fraudulent messages claiming to be from the Balancer Security Team are circulating. These are not from us. Do not interact with unsolicited communications or click unknown links. Official updates will be posted only via: - This official Balancer account on X (Twitter) - Our official Discord server Be careful with communications from other sources, they can be fraudulent. We will provide a comprehensive update with more details as our investigation progresses. The Balancer Team.

LPs want to see how well they’re doing, which is surprisingly not supported by most DeFi frontends. Compare to Robinhood, who’s made the playbook for helping users visualize their returns. An initial step in that direction is coming shortly to Gyroscope.

Why do Gyro’s Dynamic CLPs perform so well? The key is having a good strategy that works as a passive pool and to optimize for the right thing. Gyro pools are designed to: - optimize for profitability, not volume - don’t over-concentrate or under-cut swap fees, don’t compete with professional market makers (who are far from passive) - rake in fees while the pool is in a stable range. Pools preserve constant invariant in these times, which protects LPs while they harvest volatility. - Shift liquidity in doubly safeguarded way that’s designed to be *infrequent* and so preserve constant invariant benefits for longer (reduce implicit costs of shifting liquidity). In practice, this aims to contain toxic flow while boosting the ability to access non-toxic flow. While operating an effective volatility harvesting strategy (earn as prices wiggle back and forth naturally). Constant invariant was one of the original benefits of AMMs. Uniswap v2 has the constant product invariant. Constant invariant defines limits to the losses you can take from market movements and gives mathematical properties about passive volatility harvesting (harvesting yield as prices wiggle back and forth for a period of time). Concentrated liquidity in general negates these benefits as you lose the constant invariant every time you change position, and it’s easy to build up real losses. Gyro CLPs shine by providing solid LP strategy in a simple passive package where the calibration is already done for you. In a way that no one else offers today.

Uniswap v2 used to be the standard to beat for a passive pool. Now we have Gyro > Uni v2 benchmark > Uni v3 for the average LP. For passive LPs, it's an easy choice: better performance and less effort.

Dynamic E-CLPs are now live, starting on the Superchain. - Real yield from volatile pairs - Set-and-forget liquidity - Efficiency and safer wide range liquidity of the E-CLP 🧵👇

Why to be excited about Gyroscope's dynamic pools 👇 Gyroscope's revenue model focuses on high volume Volatile Pair pools. The profitability was demonstrated in Dec-Feb. Dynamic pools make scaling Volatile Pairs more efficient with 1) 2x volume ability 2) reduced churn