What is Dinero?

Dinero, formerly known as Redacted Finance, is a decentralized finance (DeFi) protocol offering an overcollateralized stablecoin backed by premium blockspace. In its initial phase, Dinero introduces Pirex ETH (pxETH), a liquid and fungible tokenized staked ETH that accrues Ethereum staking rewards and additional revenue streams like MEV tips. pxETH aims to provide a high-yield alternative to other liquid staking tokens, attracting significant deposits and positioning Dinero as a leader in the liquid staking market.

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