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Apr 10 9 tweets 5 min read Twitter logo Read on Twitter
April 10, 2023: Mas Dinero 🦋💵
@redactedcartel Releases Stablecoin White Paper

(article link at end of thread)

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Last week Redacted released details on their upcoming stablecoin, $DINERO.

The new token immediately stands out as providing one the more novel utilities among #stablecoin platforms.

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The protocol plans to operate a premium decentralized RPC, with access powered by their new stablecoin.

This will take the form of a @redactedcartel Relayer in which users can pay $DINERO to broadcast meta-transactions.

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The peg mechanism for Dinero is designed to be built primarily on the back of Ethereum, specifically Redacted’s Pirex ETH ($pxETH).
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Rival stablecoin $LUSD tossed some flak at the new stablecoin over its reliance on $USDC to reinforce its peg stability.



Redacted's charismatic founder @0xSami_ laid out plans to transition off $USDC dependence
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Redacted has plans to use its large stash of flywheel assets to incentivize liquidity to the pool:



Per daocvx.com the protocol has a 6.4% market share of DAO-owned $CVX Image
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User reaction, other than the $USDC dustup, was mostly positive.

Although @SalomonCrypto on @lnn_headlines expressed some disappointment on Friday's roundtable:

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Finally, check out the full article!

Make sure to subscribe via the link, to make sure you can receive it even when we can't share it here.

curve.substack.com/p/april-10-202…

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Feb 16
Thursday, February 16: Archimedes Leverage 🔩🇬🇷
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“Give me a lever long enough and a fulcrum on which to place it, and I shall move the world”

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Feb 3
January 3, 2023: Wen $crvUSD? ⏲️⏳
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The most up-only market?

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Feb 2
February 2, 2023: The Bok-Bok-Bok Stops Here 🐔🍗
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We've enjoyed following the rise of Chicken Bonds through the otherwise anemic 2022, so we'd be remiss if we didn't cover the latest chapter.

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Last year, lots of new authors started writing some great content:

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New content creators should knock out DAILY CONTENT if possible.

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Jan 30
January 30, 2023: Easy as ABC 🎓📚
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open.substack.com/pub/curve/p/ja…

A new @aladdindao product! This time a token called "Arbitrage Bond Compound" $CVX. Sounds complicated!

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These two screenshots show very high yields.

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$abcCVX is a joint venture between @0xconcentrator and @0xC_Lever ImageImage
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Once upon a time, a new token or crypto project most wanted a listing on a CEX.

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