Binance is excited to announce the 64th project on Binance Launchpool - RedStone (RED), a multi-chain oracle across EVM and non-EVM chains. The webpage is estimated to be available in 12 hours, before the Launchpool starts. 

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).

What is Redstone?

RedStone is a next-generation blockchain oracle, providing secure, customizable, and cost-efficient data feeds across multiple networks. Unlike traditional oracles, it is designed to be modular and scalable, supporting emerging blockchain trends such as restaking, yield-bearing assets, and liquid staking tokens (LSTs and LRTs).

Why Do Oracles Matter?

Oracles play a crucial role in DeFi and blockchain ecosystems, providing real-time data for smart contracts. Without reliable oracles, decentralized applications would be unable to interact with real-world assets, prices, or events.

How RedStone Stands Out:

  • Modular & Gas-Efficient – RedStone separates data storage from delivery, making it cheaper and faster than traditional oracles.

  • Supports 70+ Blockchains – RedStone is integrated across major ecosystems, including Ethereum, BNB Chain, and multiple Layer 2 networks.

  • First Oracle to Launch an EigenLayer AVS – This allows users to restake their assets and enhance RedStone’s security.

  • Specialized Data Feeds – RedStone supports LSTs, LRTs, BTC staking, and yield-bearing stablecoins, making it the preferred oracle for emerging DeFi use cases.

  • Trusted by Leading Projects – More than 100 DeFi protocols, including Spark, Pendle, Ethena, and Venus, already use RedStone’s services.

With its innovative architecture and expanding ecosystem, RedStone is positioned as a top competitor to Chainlink and Pyth, offering faster, more cost-effective solutions for blockchain developers.

Multichain Data Delivery – How RedStone Scales Efficiently

RedStone’s modular architecture separates data collection from data delivery, allowing seamless deployment across different blockchains without modifying the core data provider infrastructure.

  • Scalability: RedStone expands across 70+ networks, delivering fast, gas-efficient data feeds.

  • Consistency: The same price feeds can be deployed to any supported chain while maintaining security standards.

  • Efficiency: This structure allows cost-effective scaling, ensuring that all RedStone integrations maintain the same level of security and reliability.

This flexible, multichain design is a key advantage over legacy oracle solutions.

What Makes RedStone Unique? A Comparison with Chainlink & Pyth

Many blockchain oracles exist, including Chainlink and Pyth, but RedStone differentiates itself through modularity, efficiency, and specialized price feeds.

Oracle Comparison Table: RedStone vs. Chainlink vs. Pyth

RedStone’s modular data system, multi-chain expansion, and low-cost architecture set it apart from traditional oracles, making it an ideal choice for DeFi applications.

RedStone Tokenomics

RED Staking: 

  • Data providers in RedStone's oracle network are required to stake RED tokens to attest to the quality and consistency of the data delivered

  • Any tokenholder can stake RED tokens in RedStone AVS on EigenLayer, adding an additional layer of security to the oracle network

  • At launch RED will be supported by partner AVS as a Liquid Restaked Token.

RED Binance Launchpool Details:

  • Token Name: RedStone (RED)

  • Total and Max. Token Supply: 1,000,000,000 RED 

  • Launchpool Token Rewards: 40,000,000 RED (4% of total token supply)

  • Initial Circulating Supply When Listed on Binance: 280,000,000 RED (28.00% of total token supply)

  • Launchpool Terms will apply. Users are required to complete KYC to Binance’s satisfaction.

  • Hourly Hard Cap per User: 

    • 66,666 RED in BNB pool

    • 8,333 RED in FDUSD pool

    • 8,333 RED in USDC pool

  • Read about RedStone (RED) in our research report here, which will be available within 24 hours of publishing this announcement.

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)

Binance Pre-Market Details:

  • Maximum Holding Limit per User: 5,000 RED

  • Price Cap Mechanism Rules:

    • 2025-02-28 10:00 (UTC) - 2025-03-01 09:59 (UTC): Maximum allowable price limit is 200% of the initial opening price 

    • 2025-03-01 10:00 (UTC) - 2025-03-02 09:59 (UTC): Maximum allowable price limit is 300% of the initial opening price

    • 2025-03-02 10:00 (UTC) - 2025-03-03 09:59 (UTC): Maximum allowable price limit is 400% of the initial opening price

    • After 2025-03-03 10:00 (UTC): No price restrictions for Pre- Market 

More Information about Pre-Market:

Here is how you can do it simply go to the below links depending on what you have and stake it.

🔶 Get RED Tokens by staking BNB

🔶 Get RED Tokens by staking USDC

🔶 Get RED tokens by staking FDUSD

It's just this simple, Let the money work for you.