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TechFlow reports that oracle project RedStone has announced it will provide price data for the LST asset weETH on Pendle.
Notably, weETH is wrapped ETH from the restaking protocol ether.fi. When stakers deposit ETH into the pool, the pool mints eETH tokens and transfers them to the depositor, who can later restake them to earn additional rewards.
Oracle project RedStone announced it will provide price data for the LST asset weETH on Pendle. Notably, weETH is the wrapped ETH from restaking protocol ether.fi; when stakers deposit ETH into the pool, the pool mints eETH tokens and transfers them to depositors, who can later restake them to earn additional rewards.
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