Degen

we are so back

Dinero protocol's LST infra has been on a rip even before ETH prices recovered. Now they have $120M TVL earning the highest liquid ETH staking yield in the industry at 7.5% APY natively and up to 60% from DeFi yields on vanilla pxETH. 

They also earn revenue from their native CRV/CVX treasury, fees from their bribe market product, and ETH staking rewards from partner L2s using apxETH for native yield on bridged assets.

Yet $DINERO only has a $75M FDV and staking it earns your 14% APY!

More info: dinero.xyz

Never fade anon founders with cryptonative products

Building/playing a self-actualization game based on tamagotchi /jinni 🧞

Leading @zujapan

Clojurist, interactive artist & adorable cryptoanarchist 😽

The recent growth is impressive. But the apy got quite a hit

Because much higher% are staking to apxETH than before. pxETH yield is ~13% in LP positions tho

Thats right.
But why do people go with apxETH now, instead of staying with pxETH? 

What changed?

Long term vs short term position management. pxETH is short term incentives so requires more work vs apxETH is set and forget.

Plus smart contract risk