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Bitcoin and cbBTC

Less Noise, More Sats.

Bitcoin backed stability and yield on Base.

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gynUSD

gynUSD

A new stablecoin paradigm

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Borrow more per cbBTC

Unlock up to 90.91% LTV with 110% collateral. More usable liquidity with less idle collateral.

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Get liquidity without selling BTC

Borrow against your cbBTC to fund expenses or new positions while staying long BTC.

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A $1 floor you can enforce

If gynUSD trades below $1, redemptions let you swap it for $1 of BTC value onchain, pushing the price back toward the peg.

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No surprise rule changes

Borrowing terms are enforced by smart contracts. Once fully immutable, no admin key, multisig, or governance can change the core rules.

Core Values

Transparency

Open code and on-chain data.

Security

Security first engineering and audited code.

Autonomous

Governance light, autonomy first.

Efficiency

Fast execution and capital efficiency.

Simplicity

Intuitive minting and position management.

Sustainability

Built to endure market cycles.

Gyndore

Don't trust, verify

Open Sourced & Audited from Day 1

Security and transparency is at our core.
Don’t take it from us, see for yourself.

Bitcoin source code snippet

FAQs

Gyndore is a Bitcoin-backed stablecoin protocol on Base. Deposit cbBTC as collateral to mint gynUSD, a USD-pegged stablecoin, and access liquidity without selling your BTC.

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