Oracle project RedStone will provide price information for LST asset weETH on Pendle
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.
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.
You may also like
Will Bitcoin Reach $105K? The Potential Impact of Liquidity Injections on Bullish Surge
Exploring the Potential Influence of Global Liquidity on Bitcoin's Ascension to a New High
Leverage-Driven Pump: How Bitcoin Long Traders Could Become Trapped
Unpacking the Perils and Potential of Leverage-Driven Bitcoin Pump for Long Traders
Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet
Trending news
MoreCrypto prices
More
