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Sami from Redacted Cartel Explains DINERO pxETH & The Redacted Relayer

Sami from Redacted Cartel Explains DINERO pxETH & The Redacted Relayer

FromThe blocmates podcast.


Sami from Redacted Cartel Explains DINERO pxETH & The Redacted Relayer

FromThe blocmates podcast.

ratings:
Length:
49 minutes
Released:
May 4, 2023
Format:
Podcast episode

Description

Grant sat down with Sami (https://twitter.com/0xSami_) from the one and only Redacted Cartel (https://twitter.com/redactedcartel) to discuss the upcoming release of DINERO.

The imminent release of pxETH (a new Liquid Staking Derivative) from the Redacted Team will enable users to borrow DINERO against it. DINERO is a Collateralised debt position (CDP) Stablecoin that users can use to tip validators using the upcoming Redacted Relayers.

This is a huge innovation that captures MEV, decentralised stablecoins, Liquid staking derivatives and more. BTRFLY holders will also benefit from the fees taken from the protocol.


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Note: This is simply for entertainment purposes. Nothing in this video is financial advice as we are simply commenting on what is going on in the markets and the world. Do your own research


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Released:
May 4, 2023
Format:
Podcast episode

Titles in the series (100)

Conversations with industry insiders from the crypto, Bitcoin, Ethereum, NFT, DeFi and web3 space. Find your edge straight from the source. This is simply for entertainment purposes, not financial advice.