Pyth Network has announced the release of its Crypto Redemption Rate Feeds, which will expand the range of options available to DeFi platforms. The new feeds will include Liquid Staking Tokens (LSTs) and yield-bearing stablecoins, providing developers with new possibilities in the DeFi space. These redemption rates are sourced directly from an asset's smart contract, providing real-time valuations and accurate asset pricing. This expansion is aimed at providing more accurate and reliable data for decentralized finance applications, mitigating reliance on volatile market prices.



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