Hello everyone! ๐
๐ง #BinanceTR has announced its first project on Launchpool, $RED.
๐ง You can participate in Binance TR Launchpool in two ways:
1๏ธโฃ Participation via #Launchpool Page:
๐ธ Go to Binance TR Launchpool's official page.
๐ธ Participate by locking specified crypto assets (e.g., BNB) for the specified duration.
๐ธ Details and process are explained on the #Launchpool page.
2๏ธโฃ Participation via Staking Page:
๐ธ 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.
๐ธ 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.
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What is RedStone? I'd like to provide information about its functionality and tokenomics.
๐ง RedStone is a decentralized oracle project that provides scalable and reliable data feeds for #defi and blockchain applications.
๐ง Network Security: Security of the oracle system is ensured by staking.
๐ง Data Provider Incentives: Providers of accurate data are rewarded with $ETH ,$BTC ,$SOL , and USDC.
๐ง Community Governance: Token holders can participate in decision-making processes about the ecosystem's future.
๐ง Total Supply: 1 billion RED tokens.
๐ง Allocation to Community and Ecosystem: 48.3%.
๐ง 72% of tokens are locked and will be unlocked over 4 years.
๐ง Integrated with over 130 clients and 70+ blockchain networks.
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