Hello everyone! 🖐
🧙 #BinanceTR has announced its first project on Launchpool, $RED.
🧙 You can participate in Binance TR Launchpool in two ways:
1️⃣ Participation via #Launchpool Page:
🔸 Go to Binance TR Launchpool's official page.
🔸 Participate by locking specified crypto assets (e.g., BNB) for the specified duration.
🔸 Details and process are explained on the #Launchpool page.
2️⃣ Participation via Staking Page:
🔸 If you have already staked the relevant crypto asset for Flexible or Locked Staking on Binance TR Staking page, it automatically counts as participation in Launchpool.
🔸 In this case, you don't need to take any additional action; your assets already represent your Launchpool participation.
After participating in Launchpool, rewards related to the crypto assets held at the end of the period are automatically transferred to your account.
✅ What is RedStone? I'd like to provide information about its functionality and tokenomics.
🧙 RedStone is a decentralized oracle project that provides scalable and reliable data feeds for #defi and blockchain applications.
🧙 Network Security: Security of the oracle system is ensured by staking.
🧙 Data Provider Incentives: Providers of accurate data are rewarded with $ETH ,$BTC ,$SOL , and USDC.
🧙 Community Governance: Token holders can participate in decision-making processes about the ecosystem's future.
🧙 Total Supply: 1 billion RED tokens.
🧙 Allocation to Community and Ecosystem: 48.3%.
🧙 72% of tokens are locked and will be unlocked over 4 years.
🧙 Integrated with over 130 clients and 70+ blockchain networks.
Note: Please share your thoughts in the comments section.