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What to Know About RedStone (RED) – Binance Launchpool’s 64th Project ? RedStone offers scalable, pull-based data solutions to optimize DeFi gas costs. RED token supply capped at 1 billion, with 28% in initial circulation during Binance listing. Binance introduces an upward circuit breaker mechanism for RED’s pre-market trading phase. Binance Launchpool is set to launch its 64th project, RedStone (RED), a decentralized data oracle platform to improve decentralized finance (DeFi) applications. The project is launching soon and rolling out a unique solution to the blockchain network. Its multi-chain oracle is built to provide reliable, customizable, and efficient data feeds for DeFi protocols across both EVM and non-EVM blockchains. RedStone’s Innovative Data Approach RedStone stands out with its open setup, which allows for data solutions that are both flexible and can grow as needed. The platform brings real-world data into blockchain smart co…
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Binance Welcomes RedStone (RED) as 64th Project on Launchpool Key Notes Binance has added RedStone (RED) as the 64th project on its Launchpool, allowing users to stake BNB, USDC, and FDUSD to farm RED tokens for two days. The farming event will begin on February 26, 2025, and after its conclusion, Binance will list RED on its Pre-Market. Binance has imposed a maximum holding limit of 5,000 RED per trader in Pre-Market trading and restricted access in several countries due to regulatory issues.
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