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Pushing the boundaries of decentralized money

An overcollateralized stablecoin backed by premium blockspace

LAUNCH APP

pxETH WHITEPAPER

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Home

Learn More

Redacted

Socials

Launch App

Dinero

By the Numbers

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TOTAL ETH Staked

██%

apxETH STAKING RATE

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pxETH LIQUIDITY APR

pxETH is built on top of redacted's pirex offering and forms an integral part of
the dinero protocol, a protocol which aims to integrate ether staking, ethereum
validation, and block production

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Pushing

the

Boundaries

OF DECENTRALIZED MONEY

By leveraging staked Ether to power a decentralized relayer, the Dinero protocol
enables MEV-proof on-chain activity.

LEARN MORE

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Three Legos

pxETH

0

1

DINERO

0

2

REDACTED RELAYER

0

3

In phase one, Pirex ETH (pxETH) will provide users with a liquid and fungible
tokenized staked ETH which benefits from Ethereum staking rewards and other
revenue forms such as MEV tips. pxETH is a high-yield alternative to the other
liquid staking tokens that will attract deposits and put the protocol at the
forefront of the liquid staking ecosystem.

Phase two is the debut of the DINERO stablecoin. Pirex ETH users can then borrow
DINERO against their pxETH, providing them with access to dollar-pegged
liquidity to use throughout DeFi.

By phase three, the Dinero protocol will be feature complete. Once the Redacted
Relayer is live, Dinero users can interact with Ethereum without being
negatively impacted by MEV. Additionally, users will be able to pay Ethereum's
gas fees using DINERO, allowing them to save their precious ETH.

ANYWHERE

EVERYWHERE

ALL

AT

ONCE

Both pxETH and DINERO leverage the OFT token standard from LayerZero, this helps
enable the Dinero toolkit to exist on multiple chains with no limitations.

LEARN MORE







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The dinero protocol integrates eth staking, block production and organization,
rpc, leverage, and yield stripping into one synergistic ecosystem offering
comprising pxeth, the redacted relayer, and dinero

$BTRFLY

GOVERNANCE

All aspects of Pirex ETH, Dinero, and the relayer are governed by BTRFLY, the
governance token of the entire Redacted Protocol product suite.

Learn more about the entire Redacted ecosystem:

CORE PROTOCOL



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pxETH provides users with a liquid and fungible tokenized staked Ether which
benefits from Ethereum staking rewards and other revenue forms such as MEV tips
and block production rewards. Future pxETH returns and pxETH withdrawals can be
tokenized and used within DeFi

EXPERIENCE

A New Ethereum

LAUNCH APP

pxETH WHITEPAPER

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