Dinero is moving to Distributed Validators

We are thrilled to announce that Dinero, one of the most innovative and fast-growing players in the Ethereum staking and DeFi ecosystem, is integrating Obol Distributed Validators (DVs) into their staking infrastructure. Dinero has consistently led the charge in offering high-yield liquid staking solutions, and now, by adopting Distributed Validators, they are taking their staking infrastructure to new heights.

Dinero has pioneered a two-token model—pxETH and apxETH—that offers users the ability to stake ETH while maintaining liquidity and flexibility. pxETH is a liquid staking token that allows participation in DeFi activities, while still earning staking rewards. Users can move their pxETH into Dinero's vault to receive apxETH, which compounds staking rewards for higher yields. This approach maximizes both liquidity and yield, with a portion of pxETH staked in apxETH to amplify rewards. As a result, Dinero has become a leader in DeFi, offering some of the highest staking yields while serving the needs of both retail and institutional users.

By adopting Obol’s Distributed Validators, Dinero is aligning itself with top-tier protocols and institutional-grade solutions that are shaping the future of Ethereum staking.

Why Dinero Chose Obol Distributed Validators

1. Joining the Leaders: By integrating DVs, Dinero is now part of a growing group of leading protocols and institutional players—including Lido, EtherFi, Bitcoin Suisse, StakeWise, Swell and many others—who are transitioning to more secure, decentralized, and high-performance staking infrastructure. Dinero’s move to DVs underscores their commitment to pushing the boundaries of Ethereum staking and staying at the forefront of the industry.
2. A Commitment to Security: Obol’s Distributed Key Generation (DKG) offers unparalleled security by ensuring that validator keys are never fully assembled in one place, reducing the risks of both internal and external threats. This move to DVs will further strengthen Dinero’s security infrastructure, eliminating single points of failure while mitigating slashing risks.
3. Superior Performance: Distributed Validators optimize validator uptime, fault tolerance, and responsiveness, ensuring that staking operations run smoothly even during maintenance or unexpected issues. With DVs, Dinero is now able to offer more reliable staking performance, maximizing rewards for their users while minimizing inefficiencies.
4. Unlocking Greater Rewards: With better infrastructure and reduced downtime, DVs provide a clear path to higher staking rewards for Dinero’s growing base of users. The shift to DVs not only improves staking returns but also positions Dinero as a leader in yield-generating solutions within DeFi.

What This Means for Dinero Users

• Enhanced Staking Yields: As Dinero upgrades to Distributed Validators, users can expect improved staking yields due to optimized performance and minimized downtime.
• Stronger, More Resilient Infrastructure: The adoption of DVs strengthens Dinero’s staking infrastructure, aligning with the industry’s highest standards of security and scalability. Dinero is setting a new bar for reliability and decentralization in Ethereum staking.
• Continued Innovation in DeFi: With this integration, Dinero’s two-token system continues to provide unmatched flexibility, allowing users to participate in DeFi activities while earning staking rewards. The addition of Distributed Validators further cements Dinero’s place as a leader in the liquid staking ecosystem.

A Bold Step Forward for Staking

Dinero’s transition to Distributed Validators is more than just an upgrade—it’s a bold step forward for the entire staking ecosystem. As the DeFi landscape continues to evolve, Dinero’s move highlights the growing importance of decentralized infrastructure and the role that Distributed Validators will play in ensuring the future of Ethereum and other blockchain networks.

We at Obol are proud to be part of this exciting journey and look forward to continuing to support Dinero as they expand their offerings and lead the charge in staking innovation.

About Obol Collective

The Obol Collective is the largest Decentralized Operator Ecosystem and the champion of Distributed Validators. We bring better performance, more rewards, less risks to Ethereum and other decentralized infrastructure networks.

About Dinero

Dinero is building a suite of products that scale yield for institutions, protocols, and users. Through innovative solutions like pxETH, ipxETH, and Branded LSTs, Dinero operates as a yield baseplate for DeFi.