Dinero Overview
Dinero is a suite of products that scale yield for protocols and users. It includes: (i) an ETH liquid staking token (pxETH) which benefits from ETH staking yield from Dinero’s validators; (ii) a decentralized, collateral-backed stablecoin (pxUSD) as a medium of exchange on Ethereum; and (iii) a public and permissionless RPC for users.
Dinero's Phases
The entirety of the Dinero protocol will be released in phases: phase one is pxETH (launched), phase two is the pxUSD stablecoin (being built), and phase three is the permissionless RPC (being built).
Once all phases are built and deployed, it creates a synergistic protocol where each component supports the other. pxETH serves as collateral for pxUSD, pxUSD serves as medium of exchange for the permissionless RPC, and the permissionless RPC is powered by Dinero’s validators.
Learn More
To learn more about Dinero, read our litepaper here.