From 633411ea4aae5c9bb2645af438f8923655b73f30 Mon Sep 17 00:00:00 2001
From: "steinkirch.eth, phd" <1130416+mvonsteinkirch@users.noreply.github.com>
Date: Thu, 13 Apr 2023 10:54:07 -0700
Subject: [PATCH] add $DINERO whitepaper

---
 MEV_and_trading/stablecoins/DINERO.md | 19 +++++++++++++++++++
 1 file changed, 19 insertions(+)
 create mode 100644 MEV_and_trading/stablecoins/DINERO.md

diff --git a/MEV_and_trading/stablecoins/DINERO.md b/MEV_and_trading/stablecoins/DINERO.md
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index 0000000..e7e204d
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+## dinero
+
+<br>
+
+### tl; dr
+
+* [Redacted] Cartel started as an OHM-fork, generating +$100MM in treasure, and then creating an ecosystem of products.
+* $DINERO is their upcoming stablecoin with collateralized debit position (cdp) and peg stability module (psm).
+* this means you can deposit $ETH or $pxETH (ther LSD) to take out loans in $DINERO (ie, CDP). with PSM, the protocol will always sell or buy $DINERO for $1 and arbitrageurs will maintain the peg.
+* redacted cartel is building their own relayer with 2 features: protect from mev and accept $DINERO as gas payment.
+* the relayers can be validated by dinero protocol validators (where their lsd strategy comes in).
+
+<br>
+
+----
+
+### resources
+
+* [whitepaper](https://github.com/redacted-cartel/dinero-litepaper/blob/master/Dinero%20Protocol%20litepaper%20-%2020230406%20-%20v1.0.pdf)