What is RedStone Project?
What is $RED?
As RedStone scales to secure protocols on thousands of blockchains $RED will help secure and decentralize RedStone's oracles.
$RED will introduce the first truly sustainable oracle tokenomics, powered by an innovative staking mechanism utilizing EigenLayer. Details of $RED tokenomics and staking will be released soon.
The $RED token will have one of the strictest distribution and locking schedules on the market. No team or VC tokens will be liquid in the first 12 months after TGE, and afterwards will have very slow, careful unlocks.
What makes RedStone unique
● The best security: RedStone delivers best in class data and is the only major oracle that has never been manipulated or failed in production. RedStone consistently outperforms competitors at providing the most accurate, most reliable data.
● The most scalable technology: RedStone's modular architecture can easily support any asset, on any chain, for any application. This allows RedStone to support new chains before anyone else.
● The best support: RedStone leverages their modular architecture to build custom price feeds for clients, including the first ever price feeds for LSTs, LRTs, staked BTC, yield-bearing stablecoins and more.
RedStone recent accomplishments
● RedStone partners with Spark, one of the largest DeFi Protocols with the highest security requirements Docs
● RedStone is the largest oracle provider on BeraChain, securing 18 DeFi protocols on day 1
● RedStone was the fastest-growing price oracle in 2024, increasing their clients by 500%
● RedStone became the first major oracle to launch an EigenLayer AVS
● They are the leader for yield-bearing assets and was the first team to ship feeds for
LSTs, LRTs, yield-bearning stablecoins and BTC staking
● RedStone’s series-A closed in June, making the total funds raised $22m
How to get involved?
● Follow RedStone Oracles on Twitter for news about $RED
Blockchain Oracles Comparison: Chainlink vs Pyth vs RedStone [2025]
Links
Website
RedStone Expedition RedStone Twitter Founder Twitter RedStone Docs
RedStone research reports Press kit
11 Reasons Why RedStone Is The Future Of Blockchain Oracles
1. RedStone can scale to thousands of chains and assets with its modular architecture.
2. The fastest-growing blockchain oracle in 2024 by number of recognized clients and new
chains supported.
3. First to deliver and current leader in Yield-bearing assets such as LSTs, LRTs, Yield
Stablecoins, Liquid Bitcoin Staking Tokens PoR.
4. Tapping into staking with AVS on EigenLayer and Restaking the future RED token.
5. The only blockchain oracle offering Oracle Extractable Value (OEV) with zero code
changes and with the fastest execution (500 ms).
6. Ability to create both DEX-only price feeds and contract rate feeds - the most
comprehensive price feed creation methodology.
7. Supporting Push and Pull Oracle models and innovating with new ones.
8. Pioneering new Oracle designs with Lombard, Puffer, Merlin Chain and others.
9. Engineering-led organization with technical excellence and security as the priority.
10. The best community with RedStone expedition, partner projects, and creative content.
11. A professional and dedicated team that creates solutions by builders, for builders.
What is Binance Launchpool
A Launchpool, on the other hand, is a platform where users can stake their existing cryptocurrencies to earn tokens from new projects. This is a form of yield farming or staking. By staking their assets, users receive rewards in the form of new tokens over a period of time. This allows projects to distribute their tokens and engage the community without going through a direct sale.
How to get free RedStone from Binance Launchpool
Total and Max. Token Supply: 1,000,000,000 RED
Launchpool Token Rewards: 40,000,000 RED (4% of total token supply)
Supported Pools:
Lock BNB (webpage will be available in around 12 hours): 32,000,000 RED in rewards (80%)
Lock FDUSD (webpage will be available in around 12 hours): 4,000,000 RED in rewards (10%)
Lock USDC (webpage will be available in around 12 hours): 4,000,000 RED in rewards (10%)
Farming Period: 2025-02-26 00:00 (UTC) to 2025-02-27 23:59 (UTC)
Users will be able to lock their BNB, FDUSD, and USDC to receive RED airdrops over two days, with farming starting from 2025-02-26 00:00 (UTC).
#Binance #BinanceLaunchpoolRED