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DineroiETH is live on Ink
We’re excited to announce that iETH is now live on Ink—an Optimism Superchain. iETH is a native ETH LST built for the Ink ecosystem, enabling users to earn Ethereum staking rewards without leaving Ink. Starting today, users can:Mint iETH with ETH on Ink.Mint iETH from Ethereum mainnet.Coming soon:Participate in incentivized iETH liquidity pools.Use iETH across DeFi protocols on Ink.…and more ✍️iETH is designed to be the go-to ETH asset for the Ink ecosystem, offering best-in-class staking yie...
DineroBTRFLY to DINERO Token Migration is Live
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. All DINERO contract addresses can be found here. ***Please double check URLs and stay safe from fake migration links.TLDRDINERO supply is 1,300,000,000 tokens.The exchange rate is 1 BTRFLY to 2,000 DINERO.rlBTRFLY is replaced with a simpler DINERO staking mechanism.Staking rewar...
DineroIntroducing superETH—an ETH LST for Optimism Superchain
Today we’re excited to launch superETH, an ETH LST built for the Optimism Superchain, launched in collaboration with Ink. superETH delivers DeFi’s highest ETH staking yield (~4% APR) to the Superchain’s expanding ecosystem, starting with Ink, Optimism, Base, and Mode. Note: As part of this launch, we’ve disabled minting of iETH and encourage iETH users to migrate to superETH. Details below.Why superETH?superETH is the evolution of iETH, Ink’s previous LST, upgraded to serve as a unified staki...
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DineroiETH is live on Ink
We’re excited to announce that iETH is now live on Ink—an Optimism Superchain. iETH is a native ETH LST built for the Ink ecosystem, enabling users to earn Ethereum staking rewards without leaving Ink. Starting today, users can:Mint iETH with ETH on Ink.Mint iETH from Ethereum mainnet.Coming soon:Participate in incentivized iETH liquidity pools.Use iETH across DeFi protocols on Ink.…and more ✍️iETH is designed to be the go-to ETH asset for the Ink ecosystem, offering best-in-class staking yie...
DineroBTRFLY to DINERO Token Migration is Live
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. All DINERO contract addresses can be found here. ***Please double check URLs and stay safe from fake migration links.TLDRDINERO supply is 1,300,000,000 tokens.The exchange rate is 1 BTRFLY to 2,000 DINERO.rlBTRFLY is replaced with a simpler DINERO staking mechanism.Staking rewar...
DineroIntroducing superETH—an ETH LST for Optimism Superchain
Today we’re excited to launch superETH, an ETH LST built for the Optimism Superchain, launched in collaboration with Ink. superETH delivers DeFi’s highest ETH staking yield (~4% APR) to the Superchain’s expanding ecosystem, starting with Ink, Optimism, Base, and Mode. Note: As part of this launch, we’ve disabled minting of iETH and encourage iETH users to migrate to superETH. Details below.Why superETH?superETH is the evolution of iETH, Ink’s previous LST, upgraded to serve as a unified staki...
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A few months ago we introduced Hidden Hand. Since then we’ve been hard at work building out the contracts, crafting the UI, onboarding partners, and educating bribers to bootstrap the marketplace.
We’re excited to announce that the Hidden Hand marketplace is now live and supports the following partners:
Frax (veFXS) — a fractional-algorithmic stablecoin protocol.
Ribbon (veRBN) — a protocol that helps users access structured products for DeFi.
Balancer (veBAL) — an automated portfolio manager and trading platform.
In the coming weeks we will also be launching marketplaces with key players across various chains and ecosystems including: █████, ████, and ██████.
Each partner will have their own page / sub-marketplace within the Hidden Hand UI that we’ll be launching on a rolling basis:
After navigating to a project’s page, users can delegate their respective project’s locked veTokens to Hidden Hand to get bribed for their votes:
If one’s tokens are delegated, Hidden Hand will auto-select the vote distribution that yields the highest bribe value. Otherwise, users will receive rewards proportional to the size of their vote for a given bribe. At the end of each voting period, bribe rewards are funneled back to users who locked their veTokens. Note: a 4% fee is taken by the protocol, which will eventually be split evenly between lockers of rlBTRFLY (revenue-locked BTRFLY) and the Redacted treasury.
Revenue-locked BTRFLY (rlBTRFLY) is still in development and is a few weeks away from going live. In the meantime, the 4% bribe fee taken by Hidden Hand will accrue to the Redacted Cartel treasury — increasing the total value backing each BTRFLY token.
When rlBTRFLY launches, BTRFLY holders will be able to reap the benefits of Hidden Hand by revenue-locking their BTRFLY. rlBTRFLY holders get access to the fees from Hidden Hand and yield farming rewards from the treasury. These rewards will be claimable directly in the Hidden Hand UI in the form of various governance tokens. Here’s an outline of the flow of funds when rlBTRFLY goes live:
Users can start interacting with the Hidden Hand marketplace here. If you have any questions, we recommend reading our Hidden Hand documentation and joining the community Discord. For more resources:
A few months ago we introduced Hidden Hand. Since then we’ve been hard at work building out the contracts, crafting the UI, onboarding partners, and educating bribers to bootstrap the marketplace.
We’re excited to announce that the Hidden Hand marketplace is now live and supports the following partners:
Frax (veFXS) — a fractional-algorithmic stablecoin protocol.
Ribbon (veRBN) — a protocol that helps users access structured products for DeFi.
Balancer (veBAL) — an automated portfolio manager and trading platform.
In the coming weeks we will also be launching marketplaces with key players across various chains and ecosystems including: █████, ████, and ██████.
Each partner will have their own page / sub-marketplace within the Hidden Hand UI that we’ll be launching on a rolling basis:
After navigating to a project’s page, users can delegate their respective project’s locked veTokens to Hidden Hand to get bribed for their votes:
If one’s tokens are delegated, Hidden Hand will auto-select the vote distribution that yields the highest bribe value. Otherwise, users will receive rewards proportional to the size of their vote for a given bribe. At the end of each voting period, bribe rewards are funneled back to users who locked their veTokens. Note: a 4% fee is taken by the protocol, which will eventually be split evenly between lockers of rlBTRFLY (revenue-locked BTRFLY) and the Redacted treasury.
Revenue-locked BTRFLY (rlBTRFLY) is still in development and is a few weeks away from going live. In the meantime, the 4% bribe fee taken by Hidden Hand will accrue to the Redacted Cartel treasury — increasing the total value backing each BTRFLY token.
When rlBTRFLY launches, BTRFLY holders will be able to reap the benefits of Hidden Hand by revenue-locking their BTRFLY. rlBTRFLY holders get access to the fees from Hidden Hand and yield farming rewards from the treasury. These rewards will be claimable directly in the Hidden Hand UI in the form of various governance tokens. Here’s an outline of the flow of funds when rlBTRFLY goes live:
Users can start interacting with the Hidden Hand marketplace here. If you have any questions, we recommend reading our Hidden Hand documentation and joining the community Discord. For more resources:
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