Binance Launchpool has introduced the RedStone (RED) project as the 64th project, allowing users to earn RED tokens for free by staking BNB, FDUSD, or USDC. RedStone is a multi-chain oracle provider offering customizable, cost-effective, and secure data feeds for decentralized applications ¹.

Here’s how to participate in the Launchpool:

- *Staking Options*: Stake BNB, FDUSD, or USDC in dedicated pools to earn RED tokens.

- *Farming Period*: The farming period will last for two days, from February 26 to February 28, 2025.

- *Reward Distribution*: 40 million RED tokens will be distributed as rewards, representing 4% of the total supply ².

After the farming period ends, RED tokens will enter pre-market trading on Binance, with a new mechanism to limit the upward price to control price volatility. The mechanism will set the price at 200% of the opening price for the first 24 hours, 300% for the next 24 hours, and 400% for the final 24 hours ³.

Make sure to register on Binance and complete KYC verification to participate in the Launchpool. Don’t miss this opportunity to earn RED tokens!#BinanceLaunchpoolRED