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Oracle project RedStone will provide price information for LST asset weETH on Pendle

CointimeCointime2024/02/22 07:46
By:Cointime

Oracle project RedStone announced that it will provide price information for LST asset weETH on Pendle.It is reported that weETH is a wrapped ETH of the re-staking protocol ether.fi. When stakers deposit ETH into the pool, the pool will mint eETH tokens and transfer them to the depositor, who can later re-stake them to earn additional rewards.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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