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Pendle: Stake REZ to earn ezPoints
On July 3rd, according to official sources, RenzoProtocol's REZ is now available on Pendle, staking native REZ can earn 0.0002 ezPoints per hour. The functionality of the YT-REZ/SY-REZ portion of Pendle LP is similar, and both can earn 0.0002 ezPoints per hour. Through PT-REZ, users can obtain more REZ from fixed income while maintaining a similar price exposure to regular spot REZ.
Price was rejected from the resistance area and is now finding support at the trendline. There may be a move towards the resistance area again. Consider opening a long position with a tight stop loss.
Support Area: $0.0425-$0.043
Resistance Area: $0.053-$0.055