Good news: Pirex ETH is now multi-chain. Users can bridge their pxETH and apxETH via the Dinero dapp to Arbitrum, Optimism, and BNB Chain, by way of LayerZero.
Pirex ETH is an Ethereum liquid staking solution that’s tailor-made for DeFi’s most active users. Its design gives users the flexibility needed to get the most out of their ETH in an ever evolving DeFi landscape. Pirex ETH has higher yield, a better user experience, and more opportunities.
Reflecting on the year gone by is becoming a tradition. We did it last year, so we might as well keep it going. There’s a lot to be celebrated and a lot to look forward to, so let’s get started.
We’re excited to announce that Redacted is integrating Chainlink CCIP—the industry standard for secure cross-chain interoperability—across the Arbitrum, Ethereum, and Optimism mainnets. We’re exclusively leveraging CCIP’s Simplified Token Transfer capabilities to facilitate cross-chain transfers of Pirex ETH (pxETH), enabling the liquid staking token for ETH to be accessible across various chains.
Since launching Pirex ETH, the first phase of our Dinero rollout, we’ve had quite a few questions about the two-token model and the yield opportunities available to users. And now that Dinero’s validators are running and apxETH is generating yield, we’re expecting to receive more.
This blog post aims to provide a high level overview of Pirex ETH. If you’re looking for something more technical, you can find Pirex ETH’s documentation here.
Hidden Hand, built by Redacted, is an open marketplace where protocols can incentivize governance token holders. Hidden Hand serves as a bridge between protocols seeking to influence token emissions and token holders looking to leverage their voting power for additional rewards.
Today, we’re deploying Pirex ETH (pxETH) on the Goerli Ethereum testnet. A crucial step towards launching Dinero. Note: After about a week or so on Goerli, we’ll migrate pxETH to Holesky.