ChainCatcher news, according to CoinDesk, the DeFi protocol Gyroscope announced on Thursday that it has launched a new yield version of its stablecoin.The team stated, "Savings GYD (or sGYD) aims to pay token holders an annual yield of 12%-15%, depending on market conditions. The income comes from the assets backing the tokens, which are stored in isolated vaults of various DeFi investment strategies." The team added that the protocol "may be able to generate" additional income from the fees of high-yield liquidity pools launched earlier this year.Gyroscope hopes to attract DAOs to allocate some of their funds to sGYD for yield generation. The launch of the stablecoin coincides with the start of the next phase of the protocol's points earning program, SPIN. During the "second quarter," users will be able to choose to earn native yields using benchmark points or forgo yields to increase rewards. Gyroscope promotes its dollar-pegged token as an "all-weather" stablecoin designed to protect investors from stablecoin failures. It supports its value by deploying multiple stablecoins in certain strategies, such as sDAI and USDC that generate yields in Flux, as well as AMM strategies like LUSD and crvUSD.