1/ Introducing Dinero, an overcollateralized stablecoin backed by Ethereum blockspace. Find the litepaper here:

2/ As Ethereum matures into the settlement layer for programmable finance, democratizing the ability to operate, capture, and monetize its blockspace should lead to new forms of decentralized money. And with Dinero, that’s what we’re planning to build.

3/ Dinero is an experimental protocol which capitalizes on the premium blockspace market by introducing: (i) a public and permissionless RPC for users; (ii) a decentralized stablecoin ($DINERO) as a medium of exchange on Ethereum; and (iii) an ETH liquid staking token (“LST”)

4/ By combining these three primitives Dinero will offer unprecedented access to Ethereum's blockspace. It will also give stablecoins a new use case that serves an untapped segment of the crypto-economy.

5/ As Dinero's launch approaches, it will become the third addition to our product suite, alongside Hidden Hand and Pirex. By leveraging Redacted's established liquidity infrastructure and extensive treasury, Dinero will be positioned to become a market leader.

6/ This litepaper represents the first iteration of the Dinero protocol. Further details will be made available in future whitepaper(s) and some details are subject to change by the DAO and relevant contributors. Join the discussion:

Freaking good job Gents! Happy to be part of the journey

👀

Congrats team🫡 Going to be a Big Year...🦋

@TokenBrice 👀