We’re excited to introduce our first Branded LST, seiyanETH (sETH), now live on Sei.

pxETH consistently offers the highest yield among ETH LSTs, and we’re often asked: how is that possible? With pxETH providing 8-9% ETH staking yield compared to the ~3% offered by competitors, it’s a fair question. Let’s break it down.

Today we’re announcing Branded LSTs, a new cross-chain liquid staking solution built on top of pxETH. These Branded LSTs enable Layer 1 and Layer 2 protocols to launch their own native LSTs, backed by apxETH, offering the highest ETH staking yield in crypto to a broader user base.

For the first time, accredited participants will have simple, compliant access to DeFi’s highest yielding Ethereum staking product through ipxETH.

Today we’re excited to announce institutional pxETH (ipxETH), a new era in the Dinero lifecycle.

As part of the Redacted to Dinero rebrand, we’re doing a token migration to modernize the tokenomics and maintain consistent branding. Starting today, 7/22/24, this migration is live. You can begin the migration here.

Redacted launched two and a half years ago. Since then, we've evolved alongside the industry, building sustainable products that solve real problems in DeFi. However, our evolution has made it difficult for users and partners to understand what we do. Where we are today is quite different from where we started.

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.