Exploring Revenue Models and Fee Structures in Protocols

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This chapter explores the complexities of revenue generation and the associated fee structures within a given protocol, highlighting the 10% yield tax on PXE and various redemption fees. It also addresses historical distribution mechanisms, the challenges of lock mechanisms on liquidity, and the shift towards single-sided staking, all while weighing the benefits for token holders.

In this episode, 0xSami from Dinero joined us to discuss Dinero’s product suite, institutional adoption of LSTs, and Dinero’s withdrawal mechanism. Additionally, we dove into the competitive landscape of decentralized stable coins, and how Dinero is growing their market share. Finally, we covered Dinero’s new ecosystem strategy and the institutionalization of DeFi

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Timestamps:

(0:00) Introduction

(1:09) Overview of Dinero's Product Suite

(7:09) The Differences Between pxETH & apxETH

(9:21) Dinero's Differentiation From Other Ethereum LSTs

(12:16) Institutional Adoption of LSTs

(17:43) Dinero's Withdrawal Mechanism

(19:06) Competition For Decentralized Stable Coins

(28:56) The Dinero Relayer

(32:03) Permissionless III Ad

(33:17) Polygon Ad

(34:07) Growing Dinero

(38:44) Market Demand For LSTs

(42:57) Dinero's Berachain & Other New Ecosystems Strategy

(48:23) The Institutionalization of DeFi

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Dan, and our guests may hold positions in the companies, funds, or projects discussed.