Reddio is compatible with the Ethereum Virtual Machine (EVM), enhancing transaction performance and reducing costs while improving the scalability of dApps.
Two months after releasing its whitepaper, Reddio is holding its token generation event (TGE) to introduce the RDO token to the community via Binance Wallet, with support from Pancakeswap. The event is among the most anticipated in late May.
According to Binance, the RDO TGE will take place from 08:00 to 10:00 UTC on May 29. Eligible users will need to use Binance Alpha Points to participate. Further details will be announced by the exchange prior to the event.
In addition, Reddio and Binance Wallet will offer an extra 400,000,000 RDO tokens as rewards in upcoming campaigns.
What is Reddio?
Reddio is a high-performance layer 2 solution compatible with EVM, utilizing zero-knowledge (zk) technology to achieve computational scalability while leveraging Ethereum's security mechanisms.
Reddio supports Ethereum APIs, enabling seamless deployment of all Ethereum smart contracts onto the Reddio network. It is designed to scale decentralized applications and gaming on Ethereum using StarkWare’s zkRollup technology.
Reddio enhances blockchain capabilities while maintaining compatibility for developers and end-users. The project’s solution fully supports Ethereum’s EVM bytecode and RPC APIs, allowing easy integration with various tools and research advancements.
Reddio’s APIs and SDKs simplify the integration of layer 2 solutions into existing dApps, allowing developers to enhance applications with better scalability and reduced costs.
The project also features a high-performance distributed database technology, practically applied for extended periods by reputable crypto trading platforms like Bybit, OKX and well-known financial companies like Square. The practical application demonstrates the effectiveness and quality of Reddio's technological solutions.
RDO's tokenomic:
RDO has a total supply of 10 billion tokens and serves multiple purposes within the Reddio ecosystem, including gas fees for transactions, staking for network validation, and governance.
Allocation
Security and network incentives: 25%
Ecosystem growth: 22.76%
Contributors: 21.8%
Strategic investors: 15.48%
Community: 8%
Treasury: 6.96%
Utility
As a blockchain scaling solution, Reddio aims to deliver high throughput and low-cost transactions on Ethereum. The RDO token plays several key roles:
Governance: Allows holders to vote on future developments and protocol parameters.
Staking/Validation: If Reddio adopts Proof-of-Stake or a similar mechanism, RDO will be used for staking and earning rewards.
Transaction fees: While Reddio is optimized for low fees, RDO may be used to cover or discount network transaction costs.
Incentives: Rewards users for contributing to the ecosystem, such as providing liquidity or engaging with dApps.
Key milestones before the RDO token TGE:
Reddio launched its public testnet on December 16, 2024, becoming the first layer-2 chain to support Parallel EVM, enabling parallel execution of smart contracts. The testnet utilizes GPU acceleration to boost performance, particularly for AI and gaming applications. Over 40 projects joined before the public launch, signaling strong early adoption.
The project focuses on architectural design, parallel processing, and NVIDIA CUDA acceleration, allowing thousands of transactions per second (TPS) with low fees, while maintaining Ethereum-level security via ZK proofs.
RedSonic, part of the Reddio ecosystem, enhances developer experience with improved APIs and SDKs for integrating in-app NFT marketplaces. The upgraded dashboard offers advanced smart contract management and detailed analytics.
Alongside the token sale on Binance Wallet, Reddio also launched an airdrop program. The first snapshot was taken on March 3, marking a key step toward mainnet.
Looking ahead, Reddio plans to support multichain expansion. It is integrating BNB Chain via a partnership with Hyperlane to enable smooth cross-chain connectivity—an important step toward broader interoperability.
The project also partnered with ScalingX to support Web3 startups through the zkTech Camp initiative, offering technical mentorship, workshops, and hackathons.
Governance is overseen by the Reddio Foundation, which uses a points system and airdrops to incentivize community.
