Introducing Dinero, an overcollateralized stablecoin backed by Ethereum blockspace.

Dinero is an experimental protocol introducing an overcollateralized stablecoin ($DINERO) backed by Ethereum blockspace.

It aims to democratize access to Ethereum's blockspace by providing a public and permissionless RPC for users, a decentralized stablecoin, and an ETH liquid staking token.

By combining these three primitives, Dinero hopes to offer unprecedented access to Ethereum's blockspace and provide a new use case for stablecoins.

Dinero is the third addition to Redacted's product suite and will leverage their established liquidity infrastructure and extensive treasury. Future whitepapers will provide more details, and some aspects of the protocol may change.