TLDR Crypto · INNOVATION & LAUNCHES

PIREX ETH LIVE ON MAINNET; BEGINNING THE DINERO ROLLOUT

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Summary from the TLDR Crypto newsletter

Pirex ETH, a two-token Ethereum liquid staking solution, is now live on the Ethereum mainnet. The system consists of pxETH for liquidity and apxETH for increased staking yields. It aims to provide a straightforward and flexible solution to solo staking and liquid staking tokens. While security is being prioritized, the next steps in the process include introducing enhancements and expanding user integrations. This launch marks the initial phase of the Dinero protocol, which involves the creation of an overcollateralized stablecoin.